An investment of Rs 50,000 crore will be made to boost infrastructure along national waterways in the next five years, according to an official statement on Friday. According to the statement, the investment proposals were announced in Inland Waterways Development Council (IWDC) meeting at Kohora in Kaziranga. "IWDC bats for major infra upgrade on National Waterways, to invest Rs 50,000 crore in five years," the statement said. IWDC was organised by the Inland Waterways Authority of India (IWAI), the nodal agency for development of waterways under the Ministry of Ports, Shipping & Waterways (MoPSW). According to the statement, a major policy initiative in the form of Riverine Community Development Scheme was mooted at the IWDC meet to improve the socio-economic well-being of coastal communities by developing infrastructure. Speaking at the event, Ports, Shipping and Waterways Minister Sarbananda Sonowal said 1,000 green vessels will be launched in the next five years to boost ...