The Coastal Shipping Act, 2025 streamlines regulations to enhance India's coastal shipping, supporting key projects like Sagarmala and driving port modernization and sustainable maritime transport.
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CBI arrested Maisnam Riten Kumar Singh, NHIDCL Executive Director, for accepting Rs 10 lakh bribe linked to highway project favors.
The arrest followed a CBI trap arresting Singh and Binod Kumar Jain, a Kolkata-based contractor's agent. The bribery pertained to granting contract time extensions and issuing completion certificates for NH-37 Assam's four-laning. CBI seized Rs 2.62 crore cash, 20 flats, nine land properties, and vehicle purchase documents from Singh's assets, indicating extensive accumulation potentially from corrupt practices. Both accused appeared before Guwahati's Special CBI Judge.
This case spotlights corruption challenges in infrastructure projects and reflects the ongoing CBI crackdown on public contract malpractices. Further probe may reveal more implicated officials and strengthen anti-corruption safeguards.
Insights
The Coastal Shipping Act, 2025 streamlines regulations to enhance India's coastal shipping, supporting key projects like Sagarmala and driving port modernization and sustainable maritime transport.
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