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Working to reach 80% landlord model at major ports by 2030: Govt
short by Ashley Paul / on Sunday, 19 May, 2024
Government is working to shift to an 80% landlord model by 2030 to increase efficiency and reduce logistics costs at major ports, Shipping and Waterways Secretary TK Ramachandran said. Port authority acts as a regulator and landlord while private players take over operational aspects in landlord model. Jawaharlal Nehru Port is the first major port to become 100% landlord port.
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