Friday, June 13, 2008

Govt’s slow pace hinders development at JN Port

The project is key to the port’s plan to develop a new container terminal, its fourth, to overcome capacity constraints in handling more container cargo. But, the slow decision-making, political and bureaucratic interference, and the lack of autonomy have delayed implementation of projects and purchase of equipment to replace old and insufficient cargo handling systems. The news clip is here.

And the bill to convert 11 of the 12 Indian ports into corporate entities has been stuck in Parliament for more than a decade as lawmakers are divided over the issue. “Corporatization of major ports could be a viable option to improve the operational efficiency of these ports,” said Priya Safaya Fotedar, director in charge of policy at the Federation of Indian Export Organizations, a body of export organizations.