Analysis Of The Major Port Authorities Bill, 2020

The Major Ports Trusts Act came into force in the year 1963 for the constitution of port authorities for major ports in India and to enable the smooth functioning of such ports and to vest the administration, control, and management of such ports in such authorities. With fast-paced growth in trade and the development of private ports, the major ports are facing severe competition. The regulation of tariff by the Tariff Authority under the Major Port Trusts Act, 1963, and their administrative control by the Central Government are some of the critical factors hindering the growth and development of the Major Ports.

Major Ports Authority Bill (Bill) was introduced in the Lok Sabha on March 12, 2020, with an idea that it's not to privatize major ports but to give them more powers to take decisions in a competitive market. The Bill aims to enable and empower the Major Ports of Chennai, Cochin, Deendayal (Kandla), Jawaharlal Nehru (Nhava Sheva), Kolkata, Mormugao,