Question map
There are 12 major ports in India and Port Trust Boards have been setup for the administration, control and management of 11 of these 12 ports. Which one of the following major ports has been incorporated as a company under the Indian Companies Act, 1956 and not administered by a Port Trust Board ?
Explanation
India has 12 major ports, of which 11 were traditionally administered by Port Trust Boards under the Major Port Trusts Act, 1963 [2]. Ennore Port, now known as Kamarajar Port, is the only major port in India that was incorporated as a public company under the Indian Companies Act, 1956 [t1][t4]. It was declared a major port in March 1999 and officially incorporated as Ennore Port Limited in October 1999 [t6][t7]. This corporatized model was designed to provide greater autonomy and keep the port outside the scope of the Tariff Authority for Major Ports (TAMP), which regulated the other 11 ports [t6]. While the Major Port Authorities Act, 2021 has since replaced the 1963 Act to grant more autonomy to all major ports, Kamarajar Port remains unique as the first and only corporatized major port registered as a company [t4][t8].
Sources
- [1] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 14: Infrastructure and Investment Models > PPP in Ports > p. 422
- [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 14: Service Sector > PORT AND SHIPPING SERVICES > p. 433