The Government on Friday said it has issued a draft bill for public consultation that aims at bringing more investment in the maritime sector.
The Ministry of Ports, Shipping and Waterways has circulated draft of Indian Ports Bill 2020 for public consultation which will repeal and replace the Indian Ports Act, 1908. "The draft Indian Ports Bill, 2020, seeks to, inter alia, enable the structured growth and sustainable development of ports to attract investments in the port sector for optimum utilisation of the Indian coastline by effective administration and management of ports," the Ministry of Ports, Shipping and Waterways said in a statement.