Mumbai, Oct 27 (PTI) Union Minister Nitin Gadkari on Monday emphasised the need to create a dedicated platform to finance maritime sector projects, which would, in turn, accelerate economic development and job creation in the country.

Gadkari, a former shipping and ports minister, also expressed confidence that the country's logistics costs will fall to single digits, or about 9 per cent, by the end of December due to improvements in road transport infrastructure.

The road transport and highways minister also said that funds are not a challenge for the National Highways Authority of India (NHAI), but ensuring faster expenditure on road construction is a "problem" for it.

However, for the maritime sector, Gadkari stressed the need for an institutional arrangement for finance, citing the

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