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Centre reopens corporatisation plan for major ports; Chennai, JNPT likely first - India Seatrade News
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Centre reopens corporatisation plan for major ports; Chennai, JNPT likely first - India Seatrade News
In the next major reform push for India’s port sector, the Narendra Modi-led government has begun discussions to corporatise the 11 major ports owned by the Union government, which are currently operated as statutory port authorities, sources said. The move comes barely five years after these ports were converted from trusts into authorities under the Major Port Authorities Act, 2021, which replaced the six-decade-old Major Port Trusts Act, 1963…
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