financetom
Economy
financetom
/
Economy
/
One missing as boat carrying 40 persons capsizes off Mumbai
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
One missing as boat carrying 40 persons capsizes off Mumbai
Oct 24, 2018 11:28 AM

One person was missing as a speed boat carrying around 40 persons hit an underwater rock and later capsized while on a trip for a 'puja' ceremony at the proposed Chhatrapati Shivaji Maharaj Memorial in the Arabian Sea off Mumbai on Wednesday.

Share Market Live

NSE

The incident happened around 4.15 pm when the boat's hull was ruptured after hitting the rock, water quickly started flooding inside, and it tilted dangerously, triggering panic among the passengers.

Owned by the Maharashtra government, it was carrying several persons including mediapersons and activists of the Shiv Sangram party, said Shiv Smarak Samiti Chairman Vinayak Mete.

It was proceeding to the underwater site of the proposed memorial complex, around 3.5 km off Marine Drive, when it hit an underwater rock near a lighthouse there.

Chief Minister Devendra Fadnavis told the media that he will order a detailed investigation into the incident.

A search operation continues for the missing person.

Mete said around 200 persons including mediapersons, government officials and political activists had departed in several boats from the Gateway of India jetty for the memorial function.

"I have visited that site over a dozen times, but such a thing has never happened. The authorities had taken all safety precautions and the boats were not overloaded," Mete said after returning to the jetty.

The Indian Navy, Indian Coast Guard, Marine Police and other agencies launched an operation with three helicopters, a hovercraft and boats to search for a political activist, identified as Siddhesh Pawar, reported missing, an official said.

A second boat which was in the vicinity managed to reach the tragedy spot within minutes and helped rescue all the people who were on board the boat. The damaged boat was towed away by a Marine Police vessel to Girgaum Chowpatty.

Official sources said confusion prevailed over the incident, as there was no list of crew or passengers available. There were two boats that had gone to the site but it was unclear if the passengers were wearing safety jackets since the sea continues to be rough.

Following the incident, the state government postponed today's planned function.

Several activists, fishermen leaders and opposition legislators today criticized the government's decision to go ahead with the memorial though the proposed site is unsafe.

Some eyewitnesses claimed that the boat pilot had lost the way and it was drifting in the vicinity for over an hour before it hit the rock, besides passengers were reportedly not given life-jackets.

Education Minister Vinod Tawde, who went to meet the rescued persons, termed the incident as "extremely unfortunate".

Located around 3.5 km in the Arabian Sea off Marine Drive, the site envisages a grand 212-metre tall statue of Chhatrapati Shivaji on a 84-metre high pedestal, along with a huge memorial complex after reclaiming around four acres of land from the sea.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed Chair Powell says pandemic has had lasting effects on economy
Fed Chair Powell says pandemic has had lasting effects on economy
Mar 22, 2024
(Reuters) - Federal Reserve Chair Jerome Powell on Friday opened a Fed Listens event on how Americans are experiencing the economy, saying the pandemic has had lasting effects and that to make good policy the U.S. central bank cannot rely only on macroeconomic data but needs to hear directly from people and businesses. He did not make any remarks about the...
US Dollar Improves Early Friday Ahead of Fed Appearances, State Unemployment
US Dollar Improves Early Friday Ahead of Fed Appearances, State Unemployment
Mar 22, 2024
07:38 AM EDT, 03/22/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of a series of appearances by Federal Reserve officials that compensate for a lack of major US data. Fed Chairman Jerome Powell is scheduled to make opening remarks at a Fed Listens conference at...
US Congress scrambles to pass $1.2 trillion spending bill, midnight deadline looms
US Congress scrambles to pass $1.2 trillion spending bill, midnight deadline looms
Mar 22, 2024
WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives and Democratic-majority Senate on Friday will scramble to beat a midnight government shutdown deadline by passing a $1.2 trillion bill keeping the government funded through September. If they succeed, it will end a more-than-six-month battle over the scope of Washington's spending for the fiscal year that began Oct. 1. If they...
U.S. companies' stock purchases via buybacks, M&A to hit 6-year high in 2024, Goldman says
U.S. companies' stock purchases via buybacks, M&A to hit 6-year high in 2024, Goldman says
Mar 22, 2024
(Reuters) - U.S. companies' purchases of domestic equities through more stock buybacks and corporate acquisitions will hit a six-year high of $625 billion this year, about as much as mutual funds and pension houses will offload, Goldman Sachs said. A surge in share buybacks and continued growth in cash mergers and acquisitions (M&A) will be the primary drivers of corporate...
Copyright 2023-2026 - www.financetom.com All Rights Reserved