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AUTONOMY TO MAJOR PORTS
Inside the chaotic Iran talks that let Trump claim victory, but not yet peacePresident Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Is...
Private port terminal operators may get pricing freedomIt is eyeing a minimum revenue commitment - linked to increments to the Wholesale Price Index - to ensure that the government's income is n...
Ports bill to help develop faster decision-making process: Essar PortsThe bill aims to provide for regulation, operation and planning of major ports in India and to vest the administration, control and managem...
Parliament passes bill to provide autonomy to major ports; minister says it does not aim to privatise portsThe Lok Sabha had on September 23, 2020 passed the bill. Allaying fears of members, Ports, Shipping and Waterways Minister Mansukh Mandaviy...
Major Port Authorities Bill introduced in Rajya SabhaThe bill aims to provide for regulation, operation and planning of major ports in India and to vest the administration, control and managem...
Major Ports Authority Bill introduced in Lok SabhaIntroducing the Major Ports Authority Bill, Shipping Minister Mansukh Mandaviya said the idea is not to privatise major ports but to give t...
No new port in 100km vicinity of major ports: Parliamentary panelThe recommendation assumes significance in the wake of 12 major ports losing about 33 per cent market share to non-major and private ports.
'New bill first step towards corporatisation of major ports'there is fair amount of distance to be travelled for the Bill before it becomes a law, as it has to be cleared by both houses of Parliament...
Govt nod for bill to empower ports credit positive: ICRAThe bill needs to be passed by both the houses of the Parliament before its implemented and hence timeliness of the same will be a key even...
New Ports Bill may end supremacy of privately-run ports: Report"The recent Cabinet approval to the Major Port Authorities Bill is a big step towards providing a more level-playing field to state-run maj...
Bill to provide more autonomy to major ports introduced in Lok SabhaIt proposes to set up Board of Port Authority for each major port, in place of the Board of Trustees. "This will empower the major ports to...
Cabinet approves Major Port Authorities Bill, 2016The bill also proposes to introduce the concept of internal audit of the functions and activities of the central ports on the lines of Comp...
Major Port Authorities Act will give autonomy to 12 major portsUnder the proposed act, all future PPP operators will be free to fix tariff based on market conditions and notify the port authority.
Central Port Authorities Act to replace Major Port Trust ActThe need for Government approvals for raising loans, appointment of consultants , execution of contracts and creation of service posts have...
Government initiates steps aimed at corporatisation of major portsThe move is aimed at infusing professionalism in the major ports in order to make them compete with private sector ports and empower financ...
Corporate touch to get ports into ship shapeIndia is readying a blueprint to corporatise its major ports to infuse professionalism and efficiency in their functioning.
- West Bengal keen on picking up equity in proposed major port
West Bengal government has evinced interest in picking up equity stake in the proposed major port in the state, site for which is yet to be...
- Government earmarks Rs 22k cr for setting up 9 new major ports
The government has envisaged an investment of more than Rs 22,000 crore for setting up nine new major ports in the country over the next fi...
- Govt may convert 12 major ports into corporates
The government is considering to provide greater autonomy to 12 top state-owned ports by converting them into corporates to help them compe...
- Govt may go for corporatisation of 12 top ports in the country
The government on Monday said it is considering corporatisation of the 12 major ports in the country, a move that will result in greater au...