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DAILY NEWS ANALYSIS

  • 12 February, 2021

  • 6 Min Read

Major Port Authorities Bill, 2020

Major Port Authorities Bill, 2020

  • The Bill aims at decentralizing decision-making and to infuse professionalism in the governance of major ports.
  • It will empower the Major Ports to modernize and expand port infrastructure and facilitate trade and commerce.
  • Tariff Authority for Major Ports (TAMP) can now fix tariffs, which will act as a reference tariff for purposes of bidding for PPP projects.
  • An Adjudicatory Board has been proposed to look into disputes between ports and PPP concessionaires, etc.
  • A simplified composition of the Board of Port Authority (BPA) with professional independent Members has been proposed.
  • BPA has been delegated the power to fix the scale of rates for other port services and assets including land.
  • BPAs have full powers to enter into contracts, plan and development, fixing of tariffs except in national interest, security and emergency arising out of inaction and default.

Provisions of CSR & development of infrastructure by the Port Authority have been introduced.

Source: TH


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