MoPSW plans monetisation of assets of 9 ports

The Ministry of Ports, Shipping and Waterways (MoPSW) is planning to monetise the assets of nine major ports between financial years 2022 and 2025 under the National Monetisation Programme. The government is prioritising maritime development to enable ports to identify and resolve bottlenecks in enhancing multimodal connectivity. In addition, 11 industrial corridors and two defence industrial corridors have been planned for development, to improve the operational efficiency and capacity utilisation of existing port assets.