Cargo Talk

Major ports Bill now in Lok Sabha

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ABill seeking to provide greater autonomy in decision-making to 12 major ports in the country and profession­alise their governance by setting up a Board for each one of them, was introduced in the Lok Sabha. It proposes to set up Board of Port Authority for each major port, in place of the Board of Trustees. “This will empower the major ports to perform with greater efficiency on account of full independen­ce in decision making and by modernisin­g the institutio­nal structure of major ports. The Bill is more compact in comparison to the Major Port Trusts Act, as the number of sections has been reduced to 65 from 134 by eliminatin­g overlappin­g and those which were obsolete, an official release said.

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