Economics
In News: Ports, Shipping and Waterways Minister signed the Memorandum of Agreement between the Indian Ports Association and Research and Information System for Developing Countries for setting up a Centre for Maritime Economy and Connectivity in New Delhi.
Indian Ports Association
Aim:
- To make India as one of the major players in world maritime trade, creating the international standards in port operation and utilizing the great potential in our country’s 7517 km long coastline.
- To undertake and promote Techno-Economic Studies and Research into matters pertaining to the Planning Organization
- To offer complete solutions to Port Management and to create a resource of information as a tool for decision making.
- To efficiently promote the use of Work Study, Management Accounting Strategies and other top-of -the-line tools of Management with a view to increase effciency and productivity in ports
- To bring together various national as well as international organisations involved in Port and Harbour Operations, Management and allied activities and to maintain liasion between ports, Ministry of Shipping and other Government agencies.
- To promote the culture of Uniformity and Standardisation in the port functioning.
About:
- The Indian Ports Association(IPA) was constituted in 1966 under Societies Registration Act
- Primarily with the idea of fostering growth and development of all Major Ports.
- IPA is an apex body of Major Ports under the supervisory control of Ministry of Shipping, Government of India.
- Over the years, IPA has consolidated its activities and grown strength by strength and considered to be a think-tank and Centre of Excellence for Indian Maritime Sector.
Source: Newsonair
