 "Trade")
In a major reform for the port sector, Union Minister Sarbananda Sonowal on Wednesday announced tariff guidelines for the public private partnership (PPP) projects in major ports, saying they will usher in a new era of market economy and make major ports more competitive.
According to an official statement, in the new Act, the provision of the erstwhile Tariff Authority for Major Ports (TAMP) stands abolished.
The need for Tariff Guidelines, 2021 for the PPP projects in major ports arose consequent upon the new Major Port Authority Act, 2021 coming in vogue w.e.f. November 3, 2021.
According to the statement, currently, major ports’ PPP
Disclaimer: No Business Standard Journalist was involved in creation of this content
