Monopoly of pvt operators at major ports to be curbed: Govt

Last Updated: Tuesday, March 16, 2010 - 14:20

New Delhi: The Shipping Ministry will
finalise a policy to prevent monopoly of private operators at
major ports in next one month, Rajya Sabha was informed on Tuesday.

Replying to supplementaries during Question Hour, Shipping
Minister G K Vasan said the new policy that seeks to prevent
monopolies being created would go to Law Ministry for vetting
once it is finalised by his ministry in a month.
The new policy includes bar on any private operator from
bidding for next berth if it is the only operator of a berth
handling a particular cargo.

Comments on the draft policy had been received from
stakeholders and were under finalisation in shipping ministry.

Vasan said the policy would apply to only major ports and
non-major ports which are under jurisdiction of state
government would not come under its purview.

To a separate question, Vasan said the Government was
considering modification of shipbuilding subsidy scheme.

In principle approval for shipbuilding subsidy for four
vessels amounting to Rs 23.69 crores has been granted to
Alcock Ashdown (Gujarat) Ltd.
Apart from this, requisite documents are awaited from AAGL
for in principle approval for shipbuilding subsidy for another
four vessels amounting to Rs 70 crore.

Vasan said a proposal to set up a dry dock at Cochin
Shipyard at a cost of Rs 1,000 crore was under consideration.

During 6th and 7th Five Year Plan periods (2002-07 and
2007-12), Rs 644.04 crore has been released under the
shipbuilding subsidy scheme to public sector shipyards.
Rs 47.69 crore subsidy was given to private shipyards and Rs
12.98 crore to Gujarat government shipyard, he said.

PTI



First Published: Tuesday, March 16, 2010 - 14:20

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