Maritime states in the country are opposing the proposal of the union Ministry of Shipping (MoS) to set up a Port Regulatory Authority under the Ports Regulatory Authority Bill.
Following this, the ministry is rethinking the proposal for establishing such a regulator, reports suggest.The proposed regulatory authority would encompass all ports in the country.
Maritime states fear that such a regulator would reduce their powers and erode profitability of facilities under their control.
The proposed regulatory authority was considered to replace the Tariff Authority for Major Ports (TAMP) and regulate tariff rates at the Major as well as non-major ports and monitor performance standards of facilities and services offered at all ports in the country.
In addition, the regulator would have had powers to take action against operators in case of violation of norms.
Leave a Reply
You must be logged in to post a comment.