Major Port Authorities Bill, 2020

  • IASbaba
  • September 24, 2020
  • 0
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Major Port Authorities Bill, 2020

Part of: GS Prelims and GS-III – Ports

In news

  • Lok Sabha passed the Major Port Authorities Bill, 2020.

Key takeaways

  • The Bill seeks to provide for regulation, operation and planning of major ports in the country and provide greater autonomy to these ports. 
  • It seeks to replace the Major Port Trusts Act, 1963.
  • The legislation provides for the creation of a Board of Major Port Authority for each major port. 
  • These Boards will replace the existing Port Trusts.
  • The bill will help the ports develop world class infrastructure.
  • It will also enhance transparency in their functioning.

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