Draft bill Major Port Authorities Act, 2016
Q. Which of the following is/are true regarding draft bill Major Port Authorities Act, 2016?
1) Composition of board has been simplified consisting of 10 members including 5 independent members.
2) Provisions of CSR & development of infrastructure by Port Authority have been introduced.- Published on 21 Sep 16a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
ANSWER: Only 2
- The Ministry of Shipping has prepared a draft Bill “Major Port Authorities Act, 2016” to replace the Major Port Trusts Act, 1963 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.
- 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 functional heads of Major Ports as Members in the Board apart from a Government Nominee Member and a Labour Nominee Member.
- Provisions of CSR & development of infrastructure by Port Authority have been introduced.
