Cabinet gives nod to Major Ports Authority Bill to replace existing law

The approval was accorded at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi

rcep, trade, import, export, shipping, ships, sea, port
Representative Image
Press Trust of India New Delhi
1 min read Last Updated : Feb 12 2020 | 6:09 PM IST

The Cabinet has given its nod to Major Ports Authority Bill that will replace a 1963 law governing country's 12 major ports, Union Minister Mansukh Lal Mandaviya said on Wednesday.

The approval was accorded at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.

"At present the ports are governed by a ports law of 1963. The Cabinet today has approved the Major Ports Authority Bill that will be introduced in Parliament and replace the existing law," Shipping Minister Mandaviya said.

He said the proposed law is aimed at enhancing the overall efficiencies of the ports.

India has 12 major ports -- Deendayal (erstwhile Kandla), Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia).

These together had handled 699.04 million tonnes (MT) of cargo during 2018-19.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Cabinet approvesmajor ports in India

First Published: Feb 12 2020 | 3:46 PM IST

Next Story