The Government of India has taken efforts in the direction of expansion and modernization of major ports of the country. Explain (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
KEY POINTS
Modernisation of ports
· Central government has provided the shipping industry cargo support through Right of First Refusal
· Reducing GST from 18% to 5% on bunker fuel used in Indian flag vessels Allowing carriage of coastal cargo from one Indian port to another Indian port via foreign ports in Sri Lanka and Bangladesh
· Removing licensing requirement for chartering of foreign registered ships by citizens of India, companies incorporated in India.
· Bringing parity in the tax regime of Indian seafarers employed on Indian flag ships vis-a vis those on foreign flag ships
· Allowing shipping enterprises based in India to acquire ships abroad and flag them in the country of their convenience
· Allowing use of imported Containers for carrying of domestic cargo and allowing use of locally manufactured or domesticated containers conforming to the specifications from the International Organization (ISO), for transportation of EXIM cargo.
· The government has brought in a new Port Authority Bill, the Merchant Shipping Act and a Bill for development of coastal shipping.
· Maritime India Vision 2030’ for qualitative and quantitative upgradation of Indian ports, shipping and waterways to be able to deliver holistic cargo solutions to customers and promote greater supply-chain efficiency.
sivasree 4 years
kindly review.thanks in advance
IAS Parliament 4 years
Try to stick to the word limit and underline key points and include about turn around time of ships, avoid listing out points and try to explain them. Keep Writing.
aswin 4 years
Please review
IAS Parliament 4 years
Good attempt. Try to include about turn around time of ships. Keep Writing.
Aradhana Tiwari 4 years
Please review.....
IAS Parliament 4 years
Try to include about turnaround time of ships and stick to word limit. Keep Writing.
