The Bill will provide for the regulation, operation, and planning of major ports in India and to provide greater autonomy and flexibility in decision-making.
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12 March 2020 Current Affairs:The Major Port Authorities Bill, 2020, was introduced in the Lok Sabha on 12 March. The Bill was introduced by the Union Shipping Minister Mansukh Mandaviya.
Major Port Authorities Bill, 2020:
♦ The Bill will provide for the regulation, operation, and planning of major ports in India and to provide greater autonomy and flexibility in decision-making.
♦ The Bill is not aimed at the privatization of government ports. The number of labour trustees will remain the same as earlier.
♦ The Bill will provide the ports greater autonomy and flexibility to major ports in decision-making as they have to compete with the private sector.
♦ The Bill proposes to repeal the Major Port Trusts Act, 1963
