Pre-cum-Mains GS Foundation Program for UPSC 2026 | Starting from 14th Nov. 2024 Click Here for more information
Initial status: Ministry had circulated the draft Indian Ports Bill 2020 for inputs from stakeholders. Feedback incorporated in the draft Indian Ports Bill, 2021
Present status: Draft Indian Ports Bill, 2021 is under consultative stage.
About Draft Indian Ports Bill, 2020
Ministry: Ports, Shipping and Waterways
Aim:
- To enable the structured growth and sustainable development of ports to attract investments in the Port sector for optimum utilisation of the Indian Coastline by effective administration and management of ports.
- The Bill will repeal and replace the Indian Ports Act, 1908.
Key Provisions of the Bill:
- 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 anti-competitive practises in the port sector and act as a speedy and affordable grievance redressal mechanism.
Way Forward
- The Bill seeks to provide increased opportunities for public and private investments in the Indian maritime and ports sector by way of removing barriers to entry, simplifying processes and establishment of agencies and bodies to plan and enable growth of the ports sector.
- Enhancing “Ease of Doing Business’,it will provide greater impetus to a self-reliant domestic investment climate in the maritime sector, towards Atamanirbhar Bharat initiatives of the Government.
