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Draft Indian Ports Bill, 2020 aiming to attract investment issued for public consultation

Draft Indian Ports Bill, 2020 aiming to attract investment issued for public consultation ANI | Updated: Dec 11, 2020 21:00 IST New Delhi [India], December 11 (ANI): The Ministry of Ports, Shipping and Waterways has circulated the draft of Indian Ports Bill 2020 for public consultation which will repeal and replace the Indian Ports Act, 1908 (Act Number 15 of 1908). The draft Indian Ports Bill, 2020, seeks to, inter alia, enable the structured growth and sustainable development of ports to attract investments in the Port sector for optimum utilisation of the Indian Coastline by effective administration and management of ports, the Ministry said in a release. The proposed Bill will provide measures to facilitate the conservation of ports, taking into account the prevalent situation with respect to the high number of non-operational ports. It shall further ensure greater investment in the Indian maritime and ports sector through the creation

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