Question : AUTONOMY TO MAJOR PORTS



(a) whether the Union Government proposes to give financial and functional autonomy to major ports in the country including Gujarat;

(b) if so, the details thereof and the reasons therefor; and

(c) the limit of Foreign Institutional Investment in this sector?

Answer given by the minister


MINISTER OF SHIPPING (SHRI G.K. VASAN)

(a) & (b): At present there is no proposal to give enhanced financial and functional autonomy to the major Ports.

(c): 100% Foreign Direct Investment (FDI) in the ports sector is allowed under automatic route.