Union Road Transport and Highways Minister Nitin Gadkari inaugurated Sagarmala Development Companys (SDC) office in which city

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Union Road Transport and Highways Minister Nitin Gadkari inaugurated Sagarmala Development Company’s (SDC) office in which city

A	Banglore
B	Sri Nagar
C	Lahore
D	New Delhi

Explanation:

Detailed explanation-1: -He owns a total of 17 sugar plantations in Vidarbha under the banner of the Purti group. Nitin Gadkari floated the Purti Power and Sugar Ltd (now Purti Group) in 1995, when he started as PWD minister in Maharashtra.

Detailed explanation-2: -Sagarmala Development Co inks pacts for maritime projects worth Rs 11, 870 cr. The companies which have signed the MoUs include Central Warehousing Corporation (CWC), Balmer Lawrie & Co, Hind Terminals Pvt Ltd, NDR Infrastructure, Vopak India Pvt Ltd and JM Baxi among others.

Detailed explanation-3: -The vision of the Sagarmala Programme is to reduce logistics costs for EXIM (Export-Import) and domestic trade with minimal infrastructure investment. Sagarmala could boost India’s merchandise exports to USD 110 billion by 2025 and create an estimated 10 million new jobs (four million in direct employment).

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