Question : PROFITS LOSSES OF PORTS



(a) the names of ports earning profits/running in losses during the last three years;

(b) the quantum of loss/profits; and

(c) the steps taken by the Government to reduce losses/increase profits during the above period?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF SHIPPING (SHRI SU. THIRUNAVUKKARASAR)

(a) & (b): The port-wise net surplus/deficit earned/incurred by the major ports governed by the Major Port Trusts Act, 1963 during last 3 years are given below:

Net Surplus/Deficit (in Rs.crores)
Name of Major Port 1999-2000 2000-01 2001-02
Mormugao 23.44 22.20 7.72 Jawaharlal Nehru 133.05 101.21 112.97 Kandla 214.92 170.65 192.40 Cochin 2.71 (-) 33.76 (-) 35.02 New Mangalore 55.72 42.89 49.69 Mumbai 83.41 (-) 367.35 (-) 159.50 Visakhapatnam 29.01 19.46 42.83 Paradip 46.70 72.88 32.85 Tuticorin 36.89 37.38 40.49 Chennai 145.26 37.60 213.55 Kolkata 43.64 (-) 7.53 120.37


(c): Improvement in working of the ports is a continuous process. The financial condition of the ports has been reviewed from time to time and the ports suitably advised to increase their income and economise on expenditure through cost reduction. The steps taken by different ports include creation of facilities and grant of incentives for attracting more cargo, streamlining of systems and procedures, improvement in efficiency and productivity in cargo handling through close monitoring, reduction in manpower through roll back of retirement age, voluntary retirement scheme and ban on recruitment.