Parliament passes landmark Major Port Authorities Bill, 2020

Real Estate

In an important development, the Parliament passed the Major Port Authorities Bill, 2021, after it was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping and Waterways, in the Rajya Sabha.

The Major Port Authorities Bill, 2020, aims to decentralise decision-making and infuse professionalism in the governance of 13 major ports. These include ports located in Chennai (Tamil Nadu), Kochi (Kerala), Ennore (Tamil Nadu), Kolkata (West Bengal), Kandla (Gujarat), Mangaluru (Karnataka), Mormugao (Goa), Mumbai Port Trust (Maharashtra), Jawaharlal Nehru Port Trust (JNPT, Maharashtra), Paradip (Odisha), Tuticorin (Tamil Nadu) and Visakhapatnam (Andhra Pradesh).
The proposed act seeks to impart faster and transparent decision-m