The Parliament has passed the Major Port Authorities Act, 2021. The bill was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping & Waterways in Rajya Sabha on Wednesday and it was passed.
Tag: Major Port Authorities Bill
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Centre moves towards corporatisation of Major Ports
The Major Port Authorities Bill, which seeks to provide significant operational autonomy to the Major Ports, will allow the 12 state-run entities to work like a corporate with full flexibility, says a research report.