Categories: Business

part of 1.10 Lakh hectares land with ports to be utilized to develop industries

Photo: GOOGLE

government to develop land with port for industries

new Delhi. The government is preparing to push development through ports. Union Shipping Minister Mansukh Mandavia has said that a portion of 1.10 lakh hectares of land available near the 12 major ports of the country will be used for the development of industries. He said that apart from this, there is a plan to encourage freight. Mandavia told PTI, "The major ports of the country have a total land of 1,10,000 hectares. A part of it can be used for the development and industrialization of port-led industries in the country. We are marking port related industries. 12 major ports of the country.

.Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), VO Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia). These ports account for 61 percent of the country's total freight.

Mandavia said that so far this land is being used to raise rent. The minister said, "The land is being used for rent, but it is not my job to earn money." My job is to generate employment, increase cargo and increase production in the country. "" A large part of the land of major ports has been leased or leased to various departments of the central and state governments. According to the annual report of the Ministry of Shipping, interest and penal interest is being levied in cases of non-payment of lease fare. The report said that interest and punitive interest has increased significantly over time, due to which there is a problem in settling the lease rentals. To recover this large pending amount of major ports, the Ministry of Shipping has issued a 'one time settlement scheme'.

Describing the development of the port area as important for economic growth, Mandavia said that several steps have been taken for the ports. It also includes expanding their capacity. He said, "Our coastline is 7,500 kilometers. It can be used to stimulate economic growth and generate employment. "

This post was published on July 12, 2020 5:57 pm

Content Team

Recent Posts

ICICI Bank raised Rs 15,000 crore from QIP, issued 41.89 crore shares to investors at Rs 358

Photo: BUSINESS INSIDER INDIA ICICI Bank closes QIP; garners Rs 15,000 cr from share sale new Delhi. ICICI Bank, the…

Jio-RCom spectrum sharing deal not connected with AGR liability | Jio-RCom spectrum partnership deal not linked to AGR liability, will not pay

Photo: YAHOO FINANCE Jio-RCom spectrum sharing deal not connected with AGR liability new Delhi. Reliance Jio's four-year-old telecom spectrum partnership…

Google Pixel 5 May Only Launch in XL Variant will be launched in India this year, only Google Pixel XL, phone will not be launched on small screen

Photo: GADGET 360 Google Pixel 5 May Only Launch in XL Variant San Francisco. Google is reportedly planning to launch…