Lok Sabha passed the Major Port Authorities Bill, 2020 today. 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. Union Shipping Minister Mansukh Mandaviya while replying after the discussion on the bill said that it wil l make the major ports in the country more autonomous and provide major thrust in the maritime sector. He said, the bill will help the ports develop world class infrastructure and will also enhance transparency in their functioning. After passing the Bill, the Lok Sabha was adjourned sine die.

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Surbhi Saxena edits the daily Current Affairs News.
The author is qualified member of The Institute of Company Secretaries of India (ICSI).

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