PPP projects have contributed only 33 per cent to total capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.
Tag: Ports
Post
Post
Govt nod to MoU with Spain in ports sector
The government has approved a proposal for a pact with Spain in the ports sector.
Post
Hi-tech in infra
India has only recently begun to focus on the growth of its infrastructure. There is still a long way to go in adopting the latest and best technologies for their design, construction and management.
Post
Fathoming the deeps
The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
Post
More than 36 PPP projects have been successfully launched
As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.
Post
Auto exports from major ports decline
Exports of cars from Indian major ports and particularly from Chennai and Kamarajar ports in Tamil Nadu declined during the April-September period, mirroring the negative growth reported by the manufacturing sector in the first six months of the financial year.
Post
Project indemnity could boost infra investment
Emerging economies are heavily investing in infrastructure development for a positive economic growth trajectory. The current economic dynamics in India suggest that infrastructure will give a major push to the overall development of the country´s economy in the long run.
Post
Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.
Post
Govt plans Rs.5000-cr mega port in TN
To reduce India´s dependence on Colombo and Singapore ports for handling cargo traffic, the Modi Government is planning to build a mega transshipment hub at a cost of over Rs.5,000 crore. The transshipment hub is expected to come up near Tuticorin in Tamil Nadu around the international trading route.
Post
Govt plans to offer 850 ports for development to private sector
With an aim to scale up inland waterways infrastructure, the government is planning to offer 850 small and medium sized ports along key rivers for development by the private sector including foreign investors. This could see an investment of nearly Rs 4,000 crore.