has introduced the Major Port Authorities Bill in Parliament to replace the
existing Major Port Trusts Act, 1963with a view to providing more autonomy and
flexibility to Major ports and
professionalize their governance.
Salient features of the Bill are given below:-
The Bill has been made compact by
reducing its number of sections from the existing 134 to 65.
Board Members has been reduced to 11-13
from the existing 19-21.
Independent Members for professional and better decision making.
Ports would now
be required to take Central Government approval only in 8 occasions instead ;
of existing 32.
would be empowered to make its own master plan for areas within the port limits
to the exclusion of any State or local regulations.
would be empowered to fix tariff for its assets and services.
Private Partnership Projects (PPP), operators will be free to fix tariff based
on market conditions.
)Power to raise
loans / additional capital from Indian & Foreign lenders.
In all future
Public Private Partnership projects, concessionaire shall fix the tariff based
on market conditions and on such other conditions as may be notified.
proposed Bill all Major Ports will be empowered to make their own master plan
for areas within their port limit to the exclusion of any State or local
regulations. The manner of any contract
or arrangement by the Port Board for lease of land or immovable property for
port related use and non port related use shall be in such a manner as may be
prescribed by rules/regulations.
Mansukh L Mandavia, Minister of State
for Shipping gave this information in a written reply to a question in Rajya
Sabha last week.