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Economy
Mahesh

20/08/23 07:58 AM IST

Bureau of Port Security

In News
  • The Central Government will soon put together the Bureau of Port Security towards upgrading security across all ports in the country.
Bureau of Port Security
  • The government intends to set up a dedicated Bureau of Port Security to bolster security across India's ports.
  • Deendayal Port Authority has already finalised MoUs worth ₹1.68 lakh crore for this venture.
  • India's aim to quadruple its port capacity by 2047, with plans already in motion for major ports.
  • The country’s port capacity is set to surge from the current 2,600 MTPA to over 10,000 MTPA in 2047.
  • The nation is also shifting toward increased private sector participation, with about 50% of cargo at major ports currently handled through Public-Private Partnership (PPP) terminals.
  • The government has also set ambitious goals for cargo movement on India's National Waterways, aiming for 500 MTPA by 2047, underscoring the maritime sector's role in national development.
Source- Live mint

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