Major Port Authorities Bill 2020, passed in parliament

The Major Port Authorities Bill 2020, was passed in Parliament on February 10, 2020. The bill will now go to the President of India for assent. With a view to promoting the expansion of port infrastructure and facilitating trade and commerce, the Major Port Authorities Bill 2020, aims at decentralising decision-making and infusing professionalism in the governance of major ports. It imparts faster and transparent decision-making, benefitting stakeholders and improving project execution capability.