{"id":70461,"date":"2016-09-17T10:10:30","date_gmt":"2016-09-17T04:40:30","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=70461"},"modified":"2016-12-16T10:16:47","modified_gmt":"2016-12-16T04:46:47","slug":"comments-invited-on-draft-bill-of-major-port-authorities-act-2016","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/09\/17\/comments-invited-on-draft-bill-of-major-port-authorities-act-2016\/","title":{"rendered":"Comments invited on draft Bill of Major Port Authorities Act, 2016"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Draft Bill of \u2018Major Port Authorities Act, 2016\u2019 uploaded on Ministry\u2019s Website for Comments from Various Stakeholders <\/strong><\/p>\n<p style=\"text-align: justify;\">The Ministry of Shipping has prepared a draft Bill <strong>\u201cMajor Port Authorities Act, 2016\u201d<\/strong> to replace the Major Port Trusts Act, 1963.\u00a0 With a view to promote the port infrastructure and facilitate trade and commerce. The proposed bill aims at giving more autonomy and flexibility to the major Ports and to bring in professional approach in their governance. This will help to impart faster and transparent decision making which will benefit the stakeholders.<\/p>\n<p style=\"text-align: justify;\">The proposed Bill was earlier uploaded on the website of the Ministry of Shipping for receiving comments from various stakeholders.\u00a0 Based on the suggestions\/comments from the stakeholders, the draft Bill has been modified and uploaded in the Ministry of Shipping\u2019s website.\u00a0 The salient features of the new Bill are:<\/p>\n<p style=\"text-align: justify;\">\u00a0(a) Composition of board has been simplified. The board will consist of 10 members including 3 to 4 independent members instead of 17-19 under the present Port Trust Model. Provisions has been made for inclusion of 3 \u00a0 \u00a0 \u00a0 \u00a0functional heads of Major Ports as Members in the Board apart from a Government Nominee Member and a Labour Nominee Member.<\/p>\n<p style=\"text-align: justify;\">(b) The regulation to tariff by TAMP has been removed. Future PPP operators will be free to fix tariff based on market conditions and notify the Port Authority. The Board of the Port Authority has been delegated the power to fix the scale of rates for other port services and assets like land.<\/p>\n<p style=\"text-align: justify;\">(c) Port related and non \u2013port related use of land has been defined.\u00a0 A distinction has been made between these two usages in terms of approval of leases.\u00a0 The Port Authorities are empowered to lease land for Port related use for up to 40 years and for non-port related use upto 20 years beyond which the approval of the Central Government is required.\u00a0 For PPP projects the tenure of the lease of land would be as per the PPP policy of the Government.<\/p>\n<p style=\"text-align: justify;\">(d) The need for Government approvals for raising loans, appointment of consultants, execution of contracts and creation of service posts have been dispensed with.\u00a0 The Board of Port Authority have been delegated power to raise loans and issue security for the purpose of capital expenditure and working capital requirement.<\/p>\n<p style=\"text-align: justify;\">(e) Concept of internal audit of the functions and activities of the Central Ports has been introduced on the lines of Companies Act, 2015.<\/p>\n<p style=\"text-align: justify;\">(f) An independent Review Board has been proposed to be created to carry out the residual function of the erstwhile TAMP for Major Ports, to look into disputes between ports and PPP concessionaires, to review stressed PPP projects and suggest measures to review stressed PPP \u00a0projects and suggest measures to revive such projects and to look into complaints regarding services rendered by the ports\/private operators operating within the ports would be constituted.\u00a0 At present, there is no independent body to look into the above aspects and the Review Board will reduce the extent of litigation between PPP Operators and Ports.<\/p>\n<p style=\"text-align: justify;\">(g) Provisions of CSR &amp; development of infrastructure by Port Authority have been introduced.<\/p>\n<p style=\"text-align: justify;\">(h) The status of Port Authority will be deemed as \u2018local authority\u2019 under the provisions of the General Clauses Act, 1887 &amp; other applicable Statutes so that it could prepare appropriate regulations in respect of the area within the port limits to the exclusion of any Central, State of local laws.<\/p>\n<p style=\"text-align: justify;\">\u00a0The detailed draft bill has been uploaded on the website of the Ministry of Shipping (www.shipping.nic.in) for review and comments from various stakeholders.\u00a0 After inter-Ministerial consultation, and approval of Cabinet, the Bill shall be placed before the Parliament for consideration.<\/p>\n<p style=\"text-align: right;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Press Information Bureau<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Draft Bill of \u2018Major Port Authorities Act, 2016\u2019 uploaded on Ministry\u2019s Website for Comments from Various Stakeholders The Ministry of Shipping has <\/p>\n","protected":false},"author":91,"featured_media":46341,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-70461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comments invited on draft Bill of Major Port Authorities Act, 2016 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Ministry issues draft \u201cAids to Navigation Bill 2020\u201d for public consultation","author":"Bhumika Indulia","date":"July 10, 2020","format":false,"excerpt":"Legislation aims to replace over 90 year old Lighthouse Act,1927 In accordance with Prime Minister Shri Narendra Modi\u2019s vision for\u00a0augmenting\u00a0people\u2019s participation\u00a0and transparency in the governance, Ministry of Shipping has\u00a0issued the draft of\u00a0Aids to Navigation Bill, 2020\u00a0for\u00a0suggestions from the\u00a0stakeholders and general\u00a0public. The draft bill\u00a0is proposed to\u00a0replace the almost nine decades old\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86581,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/19\/comments-invited-on-draft-bill-on-banning-of-unregulated-deposit-schemes-and-protection-of-depositors-interests-bill-2016\/","url_meta":{"origin":70461,"position":1},"title":"Comments invited on Draft Bill on Banning of Unregulated Deposit Schemes and Protection of Depositors\u2019 Interests Bill, 2016","author":"Saba","date":"November 19, 2016","format":false,"excerpt":"The revised Draft \u201cBanning of Unregulated Deposit Schemes and Protection of Depositors\u2019 Interests Bill, 2016\u201d (Version 2.0), has been uploaded on the website of the Department of Financial Services (financialservices.gov.in) on 17th November, 2016 for public comments. Comments \/ inputs \/ suggestions on the Draft Bill, have been invited up\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74372,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/09\/29\/finance-ministry-invites-suggestions-on-committee-report-the-draft-financial-resolution-and-deposit-insurance-bill-2016\/","url_meta":{"origin":70461,"position":2},"title":"Finance Ministry invites suggestions on Committee Report &#038; the Draft Financial Resolution and Deposit Insurance Bill, 2016","author":"Saba","date":"September 29, 2016","format":false,"excerpt":"Finance Ministry invites comments\/suggestions from stakeholders by October 14, 2016 on the Report & Draft FRDI Bill\u00a0 The Finance Minster Shri Arun Jaitley in Para 90 of his Budget Speech 2016-17, had announced: \u201cA systemic vacuum exists with regard to bankruptcy situations in financial firms. A comprehensive Code on Resolution\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80411,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/10\/21\/date-for-seeking-comments-on-draft-financial-resolution-and-deposit-insurance-bill-extended-till-31st-oct-2016\/","url_meta":{"origin":70461,"position":3},"title":"Date for seeking comments on Draft Financial Resolution and Deposit Insurance Bill extended till 31st Oct., 2016","author":"Saba","date":"October 21, 2016","format":false,"excerpt":"The Government of India had invited stakeholder\/public comments on the Draft Financial Resolution and Deposit Insurance (FRDI) Bill, 2016 from 28.9.2016 to 14.10.2016.\u00a0A Committee was set up pursuant to the Budget Announcement of 2016-17 on framing a draft code on resolution of financial firms. A copy each of the Report\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":240582,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/12\/draft-indian-ports-bill-2020-issued-for-public-consultation\/","url_meta":{"origin":70461,"position":4},"title":"Draft Indian Ports Bill, 2020 issued for Public Consultation","author":"Bhumika Indulia","date":"December 12, 2020","format":false,"excerpt":"Ministry of Ports, Shipping and Waterways has circulated a draft of Indian Ports Bill 2020 for public consultation which will repeal and replace the Indian Ports Act, 1908 (Act No. 15 of 1908) The draft Indian Ports Bill, 2020, seeks to, inter alia, enable the structured growth and sustainable development\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":216470,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/04\/cabinet-approves-code-on-wages-bill\/","url_meta":{"origin":70461,"position":5},"title":"Cabinet approves Code on Wages Bill","author":"Bhumika Indulia","date":"July 4, 2019","format":false,"excerpt":"As reported by PTI, Cabinet has approved the Code on Wages Bill which seeks to : \" subsume existing laws related to workers remuneration and enable the Centre to fix minimum wages for the entire country.\" The said Code would combine four\u00a0labour laws\u00a0\u2014 Payment of Wages Act, 1936, Minimum Wages\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/parliamentSM.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/70461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=70461"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/70461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/46341"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=70461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=70461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=70461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}