Port Land May be Leased Out to Pvt Play­ers for Projects

The Economic Times - - Companies & Economy: Pursuit Of Profit -

The govern­ment is mulling giv­ing land parcels of state-run ports to pri­vate play­ers “on lease” for var­i­ous projects. “There are sep­a­rate plans for Kolkata and Mum­bai ports. We are mak­ing two smart cities at Kandla and Paradip, stud­ies for which have be­gun. Pri­vate play­ers could be part of our projects but land to them will be strictly on the ba­sis of lease,” ship­ping min­is­ter Nitin Gad­kari said.

NEW DELHI

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