close

Board formed to fix tariff at major ports, PPP dispute resolution

New Board to take over functions of the Tariff Authority for Major Ports (TAMP)

Dhruvaksh Saha New Delhi
Premium

The members of the board will be appointed by the recommendation of a committee comprising the Chief Justice of India

The ports, shipping, and waterways ministry (MoPSW) has notified the rules for setting up the Major Ports Adjudicatory Board, which will take over as the nodal body for tariff setting and public-private-partnership (PPP) dispute resolution for all major ports. In its gazette notification, the ministry said the board would now take over the functions of the Tariff Authority for Major Ports (TAMP), which is a centralised authority to regulate all tariffs, related to both vessel and cargo, and rates for lease of properties in respect of Major Port Trusts and the private operators located therein. 
Or

Also Read

At 10-20%, telecom tariff hikes in 2022 expected to be lower than in 2021

Trump tariffs: Higher India share in US metal imports, shows data

SC dismisses plea to block Justice Chandrachud's appointment as next CJI

Chief Justice N V Ramana leaves behind a 6.1% increase in pending cases

DY Chandrachud to succeed UU Lalit as the next Chief Justice of India

Dec traffic at major ports sails to highest in FY23, rises 10.4 per cent

Govt proposes a slew of changes to Insolvency and Bankruptcy Code

'India a great example of countries choosing security assistance from US'

Nitin Gadkari calls for efforts by all to reduce road accidents by 50%

Crude compulsions in Budget: Oil prices to put pressure on govt finances

First Published: Jan 18 2023 | 8:34 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com