In the current 12th Five Year Plan (2012-2017), the Union Shipping Ministry has decided to earmark Rs 73,793.95 crore for port sector to develop various projects. India has a total of 187 minor ports and 13 major ports spread across its nine maritime states.
India’s national maritime agenda is looking at raising the total port traffic to about 2500 million tonne by 2020 as compared to the current levels of less than 800 million tonne. In addition, the maritime agenda also estimates that the total capacity at all the ports will rise to 3,130 million tonne as compared to 900 million tonne now.
Earlier, the Union Shipping Ministry had decided to award 24 public-private partnership projects in the port sector worth Rs 17,000 crore in 2011-12, but it could not award more than one project.
The Union government stated that in the end of March, 2012, the existing capacity at major ports was 689.83 million tonne per annum and as per 12th Five year plan the capacity of major ports will be increased to 1,229.24 million tonne per annum by the end of March, 2017.
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