With a view to bring in understanding in the port sector with regard to tariff structure at the ports, the Ministry has framed another set of guidelines. Mr. Pradeep Kumar Sinha, the shipping secretary said: “We want to create a friendly regulatory environment in the ports sector, particularly relating to tariff determination”. The norms for the fixation of the tariffs, however, would not be applicable to the terminals already in operations. The ministry might try through its “very simplified guidelines for fixing tariffs “to minimize the differences in tariff between the ports it controls and the private terminals which have their own guidelines for tariff. Mr. Sinha also added that they would “try to get rid of tariff determination by any tariff regulatory authority so that ports and private operators can set rates based on marker forces”. Of course, this must mean that the Major Port Trusts Act of 1963 needs modification. The views expressed by Chairman of JN Port, Mr. L. Radhakrishnan strongly support such a modification. He said: “No country in the world has a port tariff regulatory authority”. The most persuasive argument of the Chairman was that TAMP benefits only the foreign lines; he continues: “Not even one rupee benefit is passed on by the lines to the ultimate users who are India’s exporters and importers “. The new guidelines appear to have been framed based on the recommendations of two high-level panels that tariff fixing must be related to market forces. One panel was headed by Mr.B.K. Chaturvedi, member, transport, Planning Commission and the other by a banker Mr. Deepak Parekh.
Monday, 22 October 2012
Ministry’s guidelines for tariff structure at its ports
With a view to bring in understanding in the port sector with regard to tariff structure at the ports, the Ministry has framed another set of guidelines. Mr. Pradeep Kumar Sinha, the shipping secretary said: “We want to create a friendly regulatory environment in the ports sector, particularly relating to tariff determination”. The norms for the fixation of the tariffs, however, would not be applicable to the terminals already in operations. The ministry might try through its “very simplified guidelines for fixing tariffs “to minimize the differences in tariff between the ports it controls and the private terminals which have their own guidelines for tariff. Mr. Sinha also added that they would “try to get rid of tariff determination by any tariff regulatory authority so that ports and private operators can set rates based on marker forces”. Of course, this must mean that the Major Port Trusts Act of 1963 needs modification. The views expressed by Chairman of JN Port, Mr. L. Radhakrishnan strongly support such a modification. He said: “No country in the world has a port tariff regulatory authority”. The most persuasive argument of the Chairman was that TAMP benefits only the foreign lines; he continues: “Not even one rupee benefit is passed on by the lines to the ultimate users who are India’s exporters and importers “. The new guidelines appear to have been framed based on the recommendations of two high-level panels that tariff fixing must be related to market forces. One panel was headed by Mr.B.K. Chaturvedi, member, transport, Planning Commission and the other by a banker Mr. Deepak Parekh.
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