Indian Ports Bill 2020 seeks structured growth
Govt issues draft bill for public consultation; aims at bringing more investment in the maritime sector
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This will promote marine safety and security in the true sense. The Bill will fill up the gaps for achieving scientific development of Ports and Port Network, the statement said
New Delhi: The government on Friday said it has issued a draft bill for public consultation that aims at bringing more investment in the maritime sector.
The Ministry of Ports, Shipping and Waterways has circulated draft of Indian Ports Bill 2020 for public consultation, which will repeal and replace the Indian Ports Act, 1908. "The draft Indian Ports Bill, 2020, seeks to, inter alia, enable the structured growth and sustainable development of ports to attract investments in the port sector for optimum utilisation of the Indian coastline by effective administration and management of ports," the Ministry of Ports, Shipping and Waterways said in a statement. The proposed bill will provide measures to facilitate conservation of ports, taking into account the prevalent situation with respect to the high number of non-operational ports, it said.
It shall further ensure greater investment in the Indian maritime and ports sector through the creation of improved, comprehensive regulatory frameworks for the creation of new ports and management of existing ports, it added.
Ports, Shipping and Waterways Minister Mansukh Mandaviya,said, "We are working on creation of a National Port Grid.This Bill will be a game changer in the Indian maritime sector specially for bringing more investments.
"The Bill will bolster structured growth and sustained development of ports and ensure achieving this objective on fast track basis. Consequently, it will result into revolutionary maritime reforms transmuting the Indian maritime set-up entirely in the times to come." The bill also seeks to, inter alia, create an enabling environment for the growth and sustained development of the ports sector in India through constitution of Maritime Port Regulatory Authority and formulation of the National Port policy and National Port plan in consultation with Coastal State Governments, State Maritime Boards and other stakeholders.
