Study Material | Test Series | Crash Course
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
Current Affairs Crash Course Download Player Download Android App
Petrapole Integrated Check Post Inaugurated
Jul 30, 2016

Indian Prime Minister Narendra Modi and the Prime Minister of Bangladesh, Sheikh Hasina Wajed recently  jointly inaugurated the Petrapole Integrated Check Post (ICP) through video-conferencing. Chief Minister of West Bengal, Mamata Banerjee also participated from Kolkata in the video-conference.

  • Petrapole-Benapole is an important land border crossing for India-Bangladesh trade.
  • More than 50 per cent of the India-Bangladesh trade passes through Petrapole.
  • Trade worth more than Rs. 15000 Crore takes place through the Petrapole ICP, which is more than all the other Indian Land Ports and Land Customs Stations put together.
  • Approximately 15 lakh people and 150,000 trucks cross Petrapole-Benapole every year.
  • The Petrapole ICP will provide better facilities for effective and efficient discharge of functions such as security, immigration, customs, quarantine, etc. while also providing support facilities for smooth cross-border movement of persons, goods and transport.
  • Petrapole ICP will be the second ICP on the India-Bangladesh border after the Agartala ICP at the Agartala (India)-Akhaura (Bangladesh) land border.
  • It will also be the biggest land port in South Asia.
  • It is expected that the capacity will double with the commissioning of the Petrapole ICP and the local business community will benefit immensely from reduced transaction time and costs.
  • The commissioning of the Petrapole ICP will also serve to foster greater economic integration and connectivity between India and Bangladesh.

India-Bangladesh Border Trade

India and Bangladesh share a 4,096-km border. Five Indian states - West Bengal (2,217 km), Assam (262 km), Meghalaya (443 km), Tripura (856 km) and Mizoram (318 km) - have a border with Bangladesh.

  • The border trade between India & Bangladesh through Tripura is expected to touch Rs 500 crore by 2017.
  • In 1994 it was zero, Rs 340 crore in 2012-13, in 2013-14 trade reduced to around Rs 240 crores.
  • Border haat cater to the masses on both side of the border and help people to sell products presuming that there is no border and roughly the business is expected to be around Rs 1 million per week from one centre.
  • Border haat will be there one particular day every week.
  • At present two border haats are coming up and two more are in the pipeline.

There have been talks on opening of the Chittagong and Ashuganj ports and both sides are positive but bilateral issues take time as every matter has to go through clearance of both government's home and external affairs ministries.

  • The trade volume between two countries $6.5 billion is impressive but of this, Bangladesh's exports to India account for a mere $500 million, in 2015.


Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.

http://www.drishtiias.com/upsc-current-affairs-article-Petrapole-Integrated-Check-Post-Inaugurated