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The bridge, which is 150 feet long, has been erected with new safety features. Three entrepreneurs have got the floating bridge built at the cost of Rs 80 lakh.
Former minister Pramod Madhwaraj and SP Akshay Hake were also present.
The tourism department authorities had dismantled the first floating bridge in the state at Malpe in May last, just days after its inauguration citing security reasons.
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The district administration has also enhanced safety measures at the facilities on the beach to protect tourists from dangerous situations, the sources added.