Consider the following statements about Landlord Port Model: 1. The port authority maintains ownership of the port. 2. Jawaharlal Nehru Port (JNP) has become the first major landlord port in India. Which of the statements given above is/are correct? |ForumIAS

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation: Landlord Port Model:

In the landlord port model, the publicly governed port authority acts as a regulatory body and as a landlord while private companies carry out port operations (mainly cargo-handling activities).
The port authority maintains ownership of the port while the infrastructure is leased to private firms that provide and maintain their own superstructure and install their own equipment to handle cargo.
The landlord port gets a share of the revenue from the private entity.
Jawaharlal Nehru Port (JNP) has become the first major landlord port in India.

Source: EPIC August 2022