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New regulator for ports

New regulator for ports
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The Shipping Ministry was mulling to do away with the Tariff Authority for Major Ports and bringing in a new regulator which will enable ports in India to fix their own market based tariffs for higher returns. Major ports are at a disadvantage and wanted the government to eit­her make Tariff Authority for Major Ports (TAMP) manda­tory for all, or free them from its jurisdiction. Shipping Ministry was working on establishing a Regulator for all ports for setting, monitoring and regul­ating service levels and techn­ical and performance stand­ards. Maritime states in the country including Andhra Pradesh, Tamil Nadu, Kerala, Maha­rashtra do not have regulators on the lines of country’s power sector which has State Electr­icity Regulatory Commissions that regulate electricity tariffs.

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