March 2017 Current Affairs
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January 2017 Current Affairs
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November 2016 Current Affairs
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Policy for awarding Waterfront and associated lands in major ports approved

Policy for awarding Waterfront and associated lands in major ports approved
28 July 2016 Current Affairs: The Union Cabinet has approved the Policy for awarding waterfront and associated land to port dependent industries in major ports along with its operationalization on 27 July 2016.The Policy will result in uniformity and transparency in the procedure for awarding captive facilities. It will enable optimal utilization of capacities in major ports and increase revenue to the Major Port Authority. 

Highlights of the Policy : The ambit of the Policy includes creation of new assets as well as utilization of currently unutilised existing assets such as vacant berths. The Policy will be applicable to all the Major Ports. Under the Policy, concession will be granted to Port Dependent Industries (PDI) for setting up dedicated facilities in Major Ports for import and export of cargo for maximum 30 years. 

Extension of concession period on conditions including under utilization of asset as per the Concession Agreement may be allowed. After a maximum of 30 years of operation, the waterfront land in a Major Port will be allotted for construction of berths, offshore anchorages, transhipment jetties, single point moorings etc.

It will be as per the terms and conditions of the Concession Agreement (CA) to be entered into between the Port Authority and the PDI concerned.


March 2017 Current affairs
25 MAR
NEWS
24 MAR
NEWS
23 MAR
NEWS
22 MAR
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21 MAR
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20 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
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25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS



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