Seaports and airports - transport infrastructure, Microeconomics

Assignment Help:

Seaports and Airports:

Seaports India has 12 major ports and about 185 minor ports over its coastline spread over 7,000 kms. Major ports are managed by the Central Government and account for over 75 per cent of total cargo. Minor ports are managed by the State governments and account for the residual 25 per cent of cargo transportation. After the 1991 economic liberalisation, on an average, the sector realised a growth rate of 6.22 per cent.  A number of changes are taking place in the ports sector. After economic liberalisation, private investment is encouraged in this sector. This typically takes the form of private parties setting up terminals at existing ports. Such terminals have come up at Marmugao (JLNPT) and at Tuticorin and a new one is coming up at Kochi. Foreign collaborators have shown interest in setting up these terminals and the Australian P&O and the Port Authority of Singapore are among the investors already present.  Growth rate of traffic handled by major ports has accelerated in recent years, partly because of booming exports and partly owing to the new investments and consequent better efficiencies. Despite this, the volumes of cargo handled by India's biggest ports are small in comparison with international ports like Singapore, Hong Kong and Rotterdam.   

Airports 

Mumbai and Delhi account for the largest share of all air traffic (domestic plus international) in India.  Airports are under the management of Airports Authority of India. Private investments are to be drafted for the upgradation of the four major airports (Delhi - Mumbai - Kolkata and Chennai). New 'greenfield' airports under private ownership are coming up at Bangalore and Hyderabad.  A new airport promoted by Kerala State Government has come up in Kochi with private investor participation.  There is large scope for expanding airport traffic, especially on the cargo side. This requires modern handling facilities and adequate infrastructure. Passenger traffic is also  increasing rapidly with recent changes in policies relating to 'Inland travel tax' and duties and taxes levied on aviation fuel. A new policy framework that permits private airlines to operate international  


Related Discussions:- Seaports and airports - transport infrastructure

What are the problems of the transport sector, Question 1: A good inter...

Question 1: A good internal transport network is a sine-qua-non condition for development. What are the problems of the transport sector? Question 2: ICT has a defin

Capital intensive operations, Where minimum efficient scale is very huge fo...

Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of

Explain content of factor markets and distribution of income, Explain about...

Explain about the content of factor markets and the distribution of income. Content of factor markets and the distribution of income: a. Factor distribution of income b.

Work of denison, Work of Denison Normal 0 false fa...

Work of Denison Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Theory, Explainbainlimitpricetheory

Explainbainlimitpricetheory

Nature and types of resource, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Define regulation and it’s problems , Regulation is not a panacea.  There a...

Regulation is not a panacea.  There are troubles with rate regulation.  In our litigious society, the legal proceedings contained in rate regulation are not inexpensive for any of

Identify the basic postulates of economics, Question 1 Identify the basic...

Question 1 Identify the basic postulates of economics Question 2 Discuss the role of price mechanism Question 3 Explain the shape and application of Engel curve

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd