“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. 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.
Also, the move will certainly pave way for driving the country’s vision towards Aatmanirbhar Bharat and making India – A Global Manufacturing Hub.”
– Rajiv Agarwal, MD & CEO, Essar Ports
Its yet another step in ‘ease of doing business’. All the 12 major ports board will now have the authority to administer, manage and control. This will result in faster and user friendly decisions. Ports will be more professionally run, improvement will come through bringing in latest equipment and technology, leading to faster turnaround, increase in volume and finally the revenue generation. It’s a welcome step in betterment of the port and shipping.
– Capt Rahul Bhargava, COO, Essar Shipping
