Restructuring of Indian Ports: Reforms and Challenges

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India’s coastline is of 7517 kms on which there are 12 major ports and 187 minor ports. 90% of India’s foreign trade is handled through seaways. Indian ports were under the purview of the government in the pre-liberalization and pre-reforms era. These ports were characterized by inefficient and ineffective services due to bureaucratic structure, obsolete infrastructure and mismanagement. However, changes worldwide brought pressure on the port industry and government was inefficient to speed up the expansion within a short span. Government of India based on the Rakesh Mohan Committee Report (1996) and World Bank’s ‘India Port Sector Strategy Report’ (1995) initiated ‘Port Reforms Process’ in 1996. Under reforms process, port sector has been opened up for private participation, measures have been taken up to change the governance structure, guidelines have been issued for private participation in major ports and plans are underway to corporatise the major ports. Divided into four sections, the book deals with the industry scenario, performance of major ports, port reforms and challenges. Privatization of Indian ports, which is a step towards restructuring is also dealt with. Cases of major ports where reforms have been implemented, such as Vishakha port, Jawaharlal Nehru Port Trust, Ennore Port Ltd. have been discussed. Global experiences comprising case studies like Chinese ports, Malaysian ports, South Africa’s port policy, pricing and growth have also been detailed.

ABOUT THE AUTHOR Saji Kumar

Sajikumar holds an MA degree and also a PhD in Economics from the MS University of Baroda. He is working as Faculty Member at IBS Ahmedabad since October 2001. Prior to joining IBS Ahmedabad, he taught for seven academic years in the Department of Economics, MS University of Baroda and one year in the BBA Department of V R Patel College, Mehsana, affiliated to North Gujarat University.  He has presented papers in many national conferences and published articles in various ICFAI magazines, published by the ICFAI University Press.  His articles also got published in the refereed journal 'Finance India'.  His areas of interest include Micro Economics, Macro Economics, International Trade, International Business and International Marketing.

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Bibliographic information

Title
Restructuring of Indian Ports: Reforms and Challenges
Author
Edition
1st ed.
Publisher
ISBN
8131408493
Length
320p.
Subjects