Investment of over Rs 1 lakh crore in 13 major ports is on the anvil to expand port capacity by 767.15 mt in the next 10 years.
Tag: Ports
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615.7 mt traffic in 2011-12
Union Minister of Shipping, GK Vasan said that the traffic handling at major ports is forecast at 615.70 million tonne for 2011-12 as per National Maritime Development Programme.
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Maritime Agenda 2020: The awaited lift, finally
Reactive is better than non-active. The fact that the Maritime Agenda 2020 is the biggest documentation of our future vision in maritime ever is both heartening and concerning.
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PPP is almost the only way for better management of water sector
A new initiative by ADB and the Government of India seeks to promote and “mainstream†PPP for inclusive growth of the country.
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Analysis: Strategies, opportunities and challenges in MA 2020
Everyone is excited, as the government has brought forth an implementable plan of action for the first time. Now to frame regulations and policies around it.
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Expertspeak: New plan needed to achieve Agenda goals
Tuticorin port recently beat its own record, handling 24,550 mt of pet coke in a single day, but we will need many more record-breakers if we have to achieve the Agenda goals.
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Expertspeak: Integration and differentiation needed
Did the MA 2020 miss the proverbial bull’s eye, or is there an explanation beyond bureaucratic and ministerial walls to the fact that there is still no serious mention of connectivity and integration of interests, and of treating shipping and ports differently?
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Royal Haskoning: Global experience, local application
Royal Haskoning has been active in India since 1950s, and has played a major role in some of the largest ports and industrial projects in the country including Ennore Port and Project Seabird, as well as shipyard developments like DGNP Mumbai, Mazagon Dock and Nana Layia.
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Budget Reactions 2011
Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.
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Maritime Agenda 2020 unveiled
The government unveiled the Rs 500,000 crore Maritime Agenda 2020 involving expanding port handling capacity of the country to three billion tonne from the existing 617 million tonne (mt) along with various policy reforms in the shipping and ports sector.