India announces sweeping ports sector reforms
From Krishnan Nayar NEW DELHI, 22nd December, 2020 (WAM) – India’s maritime sector is set to go through sweeping reforms. The Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, hoped these changes will bring more investments.
India and several Gulf countries recently began collaborating in the maritime sector and such cooperation is expected to receive a shot in the arm with these reforms. We are working on creation of a National Port Grid, the Minister said while unveiling the reforms. This will be a game changer in the Indian maritime sector specially for bringing more investments.
India announces sweeping ports sector reforms December 22, 2020
The Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, hoped these changes will bring more investments.
NEW DELHI India’s maritime sector is set to go through sweeping reforms. The Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, hoped these changes will bring more investments.
India and several Gulf countries recently began collaborating in the maritime sector and such cooperation is expected to receive a shot in the arm with these reforms. We are working on the creation of a National Port Grid, the Minister said while unveiling the reforms. This will be a game-changer in the Indian maritime sector, especially for bringing more investments.
India: Draft Bill indirectly floats ‘One Nation, One Port’ idea
A ‘One Nation, One Port’ idea is slowly taking shape with the Centre drafting an Indian Ports Bill to replace the Indian Ports Act 1908 that will give it sweeping powers to “regulate and control” ports which are in the concurrent list of the Constitution.
Coastal States, which have been aggressively pursuing development of ports under their jurisdiction, are expected to balk at the plan that will dilute their freedom over this key infrastructure sector, port industry sources said.
The draft Bill will blur the distinction between major ports (owned by the Centre) and non-major ports (owned by the States) as private investors have been preferring the latter for putting their money due to lighter regulations and liberal terms, particularly on rates.
Draft Bill indirectly floats ‘One Nation, One Port’ idea
December 12, 2020
The draft Bill seeks to enable structured growth and sustainable development of ports to attract investments - KSL
The draft Bill seeks to enable structured growth and sustainable development of ports to attract investments - KSL×
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A ‘One Nation, One Port’ idea is slowly taking shape with the Centre drafting an Indian Ports Bill to replace the Indian Ports Act 1908 that will give it sweeping powers to “regulate and control” ports which are in the concurrent list of the Constitution.
Coastal States, which have been aggressively pursuing development of ports under their jurisdiction, are expected to balk at the plan that will dilute their freedom over this key infrastructure sector, port industry sources said.