Essar Ports lauds passage of Ports bill

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By Ashish Mitra --
Wednesday, 10 Feb, 2021

The Major Ports Authorities Bill passed by Parliament yesterday will help develop a faster and transparent decision-making process besides enabling these ports to compete in the evolving market environment, says a statement of Essar Ports.

The bill aims to provide for regulation, operation and planning of major ports in India and to vest the administration, control and management of such ports upon the boards of major port authorities and for matters connected therewith or incidental thereto, be taken into consideration.

'The Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector. The bill will provide regulation, flexibility and self-governance to the major ports of the country,' said Rajiv Agarwal, managing director and chief executive officer, Essar Ports in a statement.

“It will develop a faster and transparent decision making process, which will help in the growth and development of major ports, thereby enabling them to compete in the evolving market environment,” he said.

India has 12 major ports viz Deendayal (erstwhile Kandla), Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia).

Essar Ports lauds passage of Ports bill. The Major Ports Authorities Bill passed by Parliament yesterday will help develop a faster and transparent decision-making process besides enabling these ports to compete in the evolving market environment, says a statement of Essar Ports.

The bill aims to provide for regulation, operation and planning of major ports in India and to vest the administration, control and management of such ports upon the boards of major port authorities and for matters connected therewith or incidental thereto, be taken into consideration.

'The Major Ports Authorities Bill passed by the Rajya Sabha is indeed a revolutionary move in the Indian Ports Sector. The bill will provide regulation, flexibility and self-governance to the major ports of the country,' said Rajiv Agarwal, managing director and chief executive officer, Essar Ports in a statement.

“It will develop a faster and transparent decision making process, which will help in the growth and development of major ports, thereby enabling them to compete in the evolving market environment,” he said.

India has 12 major ports viz Deendayal (erstwhile Kandla), Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia).