Ministry of Ports, Shipping and Waterways circulated the draft of Indian Ports Bill 2020 for public consultation which will repeal and replace the Indian Ports Act, 1908.
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Key-Points
The Bill also seeks to create an enabling environment for the growth and sustained development of the ports sector in India through the following broad methods:
- Constitution of Maritime Port Regulatory Authority
- Formulation of the National Port policy and National Port plan in consultation with Coastal State Governments, State Maritime Boards and other stakeholders.
- Formulation of specialised Adjudicatory Tribunals namely Maritime Ports Tribunal and Maritime Ports Appellate Tribunal to curb any anti-competitive practises in the port sector and act as a speedy and affordable grievance redressal mechanism.
The draft Indian Ports Bill, 2020, is aimed at enabling the structured growth and sustainable development of ports to attract investments in the port sector.
