Scrap imported at lower prices stuck at ports, finished goods lying at factories with no transport available; shipping firms make hay by charging huge sums for storage at ports
Visakhapatnam port upstaged others in cargo throughput growth, recording 10.98 per cent increase
The minister further said the government is also taking initiatives to develop inland waterways for river cruise tourism
The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, is carrying out the study
A report by the India Brand Equity Foundation shows net profit at major ports had more than trebled from Rs 1150 crore in FY 13 to Rs 3413 crore in FY18