Latest Breaking News On - நிலை கடல் - Page 14 : comparemela.com

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.

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