MINISTER OF SHIPPING (SHRI G.K. VASAN)
(a) & (b): Major Ports meet their expenses out of their internal resources. For their development projects, private funding is being made under PPP. The Government of India provides
budgetary support to some of the Major Ports primarily for capital dredging. The details of
the funds under Gross Budgetary Support released to the Major Ports during the last three years
and proposed in the current financial year is as given below:-
(Rs. in crores)
S.No. Name of the Port Year 2007-08 2008-09 2009-10 2010-11
1 2 3 4 5 6
1 Cochin Port 100.00 140.00 152.66 237.97
2 Paradip Port 45.00 NIL NIL NIL
3 Tuticorin Port NIL -do- -do- 5.00
4 Mormugao Port -do- -do- -do- 1.00
5 Kolkata Port -do- -do- -do- 1.00
(c) & (d): Only Cochin Port has reported marginal net loss in 2008-09 and 2009-10. The losswas due to long gestation period of the Liquified Natural Gas (LNG) and International ontainer Transshipment Terminal (ICTT) project.
(e): For improving the functioning of the Major Ports, various productivity measures
like training of officials, replacement of obsolete equipment with modern technology to attract
more cargo and vessels are being taken in. For inducting world class equipment and technology
private participation is allowed in almost all the Port functions.