CUTS International advises government to modernise infrastructure to help enhance competitiveness
The Dollar Business Bureau India’s leading research and advocacy firm, CUTS International has in its report said, ‘A strong and modern export infrastructure would help enhance competitiveness of Indian exporters in the global market and boost shipments.’ Export infrastructure needs to improve a lot. The research firm suggested that, "A robust export infrastructure leads to trade creation while the lacklustre picture of the same culminates into trade distortion," it said in a statement. Pointing out specific areas to the government, it said there are various challenges of connectivity and congestion in land and sea ports in the country that need special attention. "There is a need to improve upon the connectivity between the major ports and the mother vessels. Special emphasis required for capacity ...
Role of Private Ports in Nation Building
The past few years have seen a weak world economy and not much growth in terms of international trade. This has meant a difficult time for the Indian port sector, especially major ports. During FY2009-10 to FY2013-14, while traffic at non-major ports grew at a CAGR of 10%, major ports witnessed a decline in traffic. This fall can be avoided with the Indian government coming to the rescue of the ports sector. Mr. Rajbir Singh Bhadana, Commodore (Retd), Group Chief Operating Officer, RAS INFRAPORT PVT. LTD. Capacity at major ports has not seen much growth either. In some instances, traffic has been severely impacted by the decision to ban iron ore exports. While some big capacity augmentation projects have been ...
Indias Shipping Ministry to resolve Kanika Sands Trans-shipment Zone dispute
The Dollar Business Bureau | TheDollarBiz India’s Ministry of Shipping is taking steps to resolve the long standing dispute between Odisha and the Kolkata Port Trust (KoPT) which will help KoPT and Haldia Port to handle more goods and also benefit the Paradip Port and Odisha government, the ministry says. Traffic handled by KoPT, at around 11.8 milion tonnes, is the lowest among all ports in India. While strategically located, KoPT faces several problems because it is a riverine port and cannot handle large vessels. Allowing KoPT to use Kanika Sands, which is off the Odisha coast, as a trans-shipment zone will help KoPt to handle more cargo and also benefit Haldia port which will in turn ...