New Delhi - State-run ports across India may soon align their concession frameworks with those followed at major ports under the Union government, in a move aimed at improving investor confidence and accelerating private participation in the maritime sector.
Ministry of Ports, Shipping and Waterways has indicated that State Maritime Boards are being encouraged to adopt concession agreements and policies similar to those implemented at centrally administered major ports.
The initiative is intended to bring greater uniformity in port governance and create a more predictable investment environment for private developers. At present, concession structures . . .
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