Close X
Wednesday, November 13, 2024
ADVT 
India

Committed to boost container availability, reduce congestion at ports: Piyush Goyal

Darpan News Desk IANS, 19 Sep, 2024 11:13 AM
  • Committed to boost container availability, reduce congestion at ports: Piyush Goyal

New Delhi, Sep 19 (IANS) The government is committed to improving the availability of containers, faster evacuation of export consignments, and reducing congestion at the ports, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday.

Chairing an inter-ministerial meeting to address issues related to rising freight costs, shipping delays, shortage and non-availability of containers and congestion at the ports, the minister said the decisions taken by the Ministry of Ports, Shipping and Waterways and Ministry of Railways will result in successfully addressing these issues.

Minister Goyal said that the Container Corporation of India (CONCOR) has decided to allow empty containers to be stored for a period of 90 days in the yard at the Jawaharlal Nehru Port Authority (JNPA) free of cost and has also slashed the loading and handling charges significantly.

JNPT Chairman Unmesh Sharad Wagh assured that steps have already been taken to eliminate any congestion and bottlenecks.

To enhance export-related processes, traffic delays near and around the JNPA will be minimised and simultaneous container scanning at the port will be implemented for faster clearances and reduced turnaround time.

According to Railway Board Chairman and CEO Satish Kumar, the charges of Rs 3,000 that are being levied beyond 90 days, are now reduced to Rs 1,500. Further, the storage and handling rates will be reduced for containers from Rs 9,000 to Rs 2,000 (for a 40-feet container) and from Rs 6,000 to Rs 1,000 (for a 20-feet container).

The Commerce Minister urged all stakeholders to make concerted efforts to significantly mitigate the difficulties and address the issues faced by the exporters. Goyal emphasised that due to the current geopolitical tensions, Red Sea Crisis, Houthi operations, ongoing wars and its impact on international trade, there was a need to engage with a multidisciplinary team.

During the meeting, the Shipping Corporation of India (SCI) announced that on an immediate basis, capacity will be enhanced by 9,000 twenty-foot equivalent units (TEUs). The SCI will also buy an additional five container ships to further enhance cargo handling capacity. The shipping lines assured that all charges like container transportation and Lift on-Lift off at yards would be embedded in the delivery order given to shippers.

According to Secretary, Ports, Shipping and Waterways Shipping, T.K. Ramachandran, the port capacities have already been enhanced by 2.3 million TEUs. Civil Aviation Secretary Vumlunmang Vualnam announced that all efforts will be taken to ensure faster movement of air cargo and reduce turnover time. The stakeholders in the meeting also decided to set up a multidisciplinary help desk to support exporters.

MORE India ARTICLES

Rupee rises for 6th day in a row

Rupee rises for 6th day in a row
The Indian rupee recovered early losses to end higher for a sixth straight day on Wednesday as expectations rose about more foreign funds flowing in. The rupee settled at 83.0350 vis-a-vis the U.S. dollar, its highest closing level since December 15 up from 83.1150 in the previous session. The Indian currency opened lower and fell to an intraday low of 83.18 earlier in the day, before rising again to an over three-week high of 82.98 in the session.

Rupee rises for 6th day in a row

India to become world’s 3rd largest economy by 2027-28: Sitharaman

India to become world’s 3rd largest economy by 2027-28: Sitharaman
India will become the world’s third-largest economy by 2027-28, with its GDP surpassing $5 trillion during that period, Finance Minister Nirmala Sitharaman said on Wednesday at the Vibrant Gujarat Global Summit. The estimate that India will be at least a $30 trillion economy by 2047 is a conservative estimate, the Finance Minister said.  

India to become world’s 3rd largest economy by 2027-28: Sitharaman

Gadkari opens, lays stones of 29 national highway projects in Punjab

Gadkari opens, lays stones of 29 national highway projects in Punjab
Union Minister Nitin Gadkari on Wednesday inaugurated and laid foundation stones of 29 national highway projects worth Rs 4,000 crore in Punjab. The projects included the Ladhowal bypass in Ludhiana, the six-lane flyover and two-lane road overbridge in Ludhiana, the four laning of the Jalandhar-Kapurthala section and three bridges on the Jalandhar-Makhu road.

Gadkari opens, lays stones of 29 national highway projects in Punjab

Sisodia, Singh's judicial custody extended; court directs jail authorities on election certificate collection

Sisodia, Singh's judicial custody extended; court directs jail authorities on election certificate collection
A Delhi court on Wednesday extended the judicial custody of AAP MP Sanjay Singh and former Deputy Chief Minister Manish Sisodia until January 20. Singh, who had filed his nomination for the Rajya Sabha elections, has been directed by the court to be taken to the Returning Officer to collect the election certificate on January 12 under appropriate security.

Sisodia, Singh's judicial custody extended; court directs jail authorities on election certificate collection

Gurugram hotel murder: Reward of Rs 50K each announced for 2 absconding accused

Gurugram hotel murder: Reward of Rs 50K each announced for 2 absconding accused
Divya Pahuja, 27, was allegedly shot dead on January 2 by Abhijeet Singh, the owner of Hotel City Point, where she was staying. According to the police, Divya and Abhijeet were in a relationship and the latter killed the woman in a fit of rage after she refused to delete some of his objectionable photos from her mobile phone. It is being supected that Balraj and Ravi -- Abhijeet's friends dumped Divya's lifeless body somewhere in Punjab.

Gurugram hotel murder: Reward of Rs 50K each announced for 2 absconding accused

Akali Dal seeks CBI probe into molestation of girls in Punjab school

Akali Dal seeks CBI probe into molestation of girls in Punjab school
In a statement here, Majithia said in case, Chief Minister Bhagwant Mann did not dismiss the Education Minister immediately, it would be surmised that he was siding with the perpetrator behind the heinous act instead of the victims and their parents.

Akali Dal seeks CBI probe into molestation of girls in Punjab school