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‘Sorry, no money’: Modi govt denies funding for Mangaluru-Maravanthe ferry project

Mangaluru: In a setback to Karnataka's coastal tourism ambitions, the Prime Minister Narendra Modi-led union government has declined financial assistance under the Sagarmala scheme for the proposed Mangaluru-Maravanthe coastal passenger ferry service and the integrated coastal tourism and marina development project at Kota Padukere in Udupi district, citing a lack of fiscal space. The projects
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coastaldigest.com broke the news on Thursday, July 30, 2026.
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