Union Cabinet gives approval for policy for awarding waterfront and associated land

Q.  Union Cabinet has approved a policy for awarding of waterfront and associated land to which industries?
- Published on 28 Jul 16

a. Port dependent
b. Port centric
c. Port independent
d. Port oriented

ANSWER: Port dependent
 
Union Cabinet chaired by PM Shri Narendra Modi has approved the policy for awarding waterfront and associated land to port dependent industries in major ports and its operationalisation.
  • Policy will result in transparency in the procedure for awarding captive facilities.
  • As per the policy, concessions will be granted to Port Dependent Industries for setting up dedicated facilities in major ports for import or export of cargo and storage before transportation to destination for a period not more than 30 years.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲