Which of the following statements about 'Jalvahak' is/are correct ? 1. It is a newly commissioned naval ship inducted into Indian Navy 2. It is a major policy for cargo promotion unveiled by the Government of India Select the answer using the code given below :

The 'Jalvahak' scheme is a major policy for cargo promotion unveiled by the Government of India in December 2024, not a naval ship [2]. Launched by the Ministry of Ports, Shipping & Waterways, the initiative aims to incentivize the movement of long-haul cargo via National Waterways 1 (Ganga), 2 (Brahmaputra), and 16 (Barak) [4]. The scheme provides a direct incentive of up to 35% reimbursement on operating costs for cargo owners transporting goods over distances exceeding 300 km via these waterways [4]. Its primary objectives are to reduce logistics costs, decongest road and rail networks, and promote sustainable, eco-friendly transportation [3]. The policy is implemented by the Inland Waterways Authority of India (IWAI) and Inland & Coastal Shipping Ltd (ICSL). Therefore, statement 1 is incorrect as it is not a naval vessel, while statement 2 is correct.

Sources

1. [1] https://shipmin.gov.in/sites/default/files/MoPSW%20-%20Monthly%20Summary%20for%20the%20month%20of%20December%2C%202024.pdf
2. [2] https://ddnews.gov.in/en/indias-inland-waterways-achieve-record-145-5-mmt-cargo-movement-in-fy25-growing-nearly-8x-since-2014/
3. [3] https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2084560
4. [4] https://iwai.nic.in/sites/default/files/Salient%20Features%20of%20Cargo%20Promotion%20Scheme%2027.11.2024.pdf