Sign In
Learn bits
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

More Related Current Affairs View All

20 Jan

ILO report about international migrants

'International migrants reached 284.5 million, 255.7 million of them belong to the global working-age population (aged 15 and over).' International migrants are defined as perso

Read More

20 Jan

World Economic Forum

'The World Economic Forum (WEF) is holding its Annual Meeting from January 20 to 24 in Davos, Switzerland.' Attendees will include European Commission President Ursula von der L

Read More

20 Jan

SVAMITVA scheme

'Prime Minister Narendra Modi said once property cards under the Centre’s SVAMITVA scheme have been distributed in all the villages of the country, it could unlock economic a

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps