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

Water resources , Normal 0 false false false EN-IN X-...

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

Labour market, Use a graphical illustration to describe briefly what the in...

Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

Achievements of bretton woods instittutions, ACHIEVEMENTS OF BRETTON WOODS ...

ACHIEVEMENTS OF BRETTON WOODS INSTITTUTIONS: Some of the important achievements of the BW Institutions can be summarised as follows: 1) International reserves have increa

Chamberline approach, a more simple explanation of the group equilibrium in...

a more simple explanation of the group equilibrium in the short and long run

Theory of production, when total production fall what,s the status of avera...

when total production fall what,s the status of average product and marginal product

Due diligence, Due Diligence The investigative procedure an investor s...

Due Diligence The investigative procedure an investor should conduct into the operations and business strategy assumptions of an organization soliciting investors.

Demand and consumer, relationship between total utilities and marginal util...

relationship between total utilities and marginal utilities

Elasticity, elasticity concept in policy formulation

elasticity concept in policy formulation

International bank for reconstruction and development, INTERNATIONAL BANK F...

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT: The main function of the IBRD is of long-term capital assistance to its member-countries for their reconstruction and de

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