DPIIT, Primus Partners Pvt. Ltd. ink MoU to bolster startup ecosystem (See 'Corp Brief') PBPT Act - a land sale is indeed a benami transaction, where payment is made by beneficial owner for future benefit of her family, while land is registered in name of somebody else: SAFEMA Tribunal (See 'Legal Desk') DPIIT, Kotak Mahindra Bank ink MoU to enhance financial & non-financial support for startups (See 'Corp Brief') IBC/RTI - CPIO not required to generate, interpret, or explain records; appeal against FAA's order is not tenable where all relevant information is provided: IBBI (See 'Legal Desk') Centre plans inspection drives and field verification to ensure compliance (See 'Corp Brief') India continues to rank 3rd in Annual Forest Gain (See 'Corp Brief') RERA - Promoters are mandatorily required to comply with statutory condition of pre-deposit u/s 43(5) of Real Estate (Regulation and Development) Act, 2016 before appeal can be entertained: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT) Prof Sood launched 'AI Playbooks for Agriculture and SMEs' (See 'Corp Brief') SARFAESI - Once scheme of arrangement is sanctioned in particular manner and is acted upon, it is no longer permissible for secured creditor to resile therefrom unilaterally: HC (See 'Legal Desk') CCI nod to Setu AIF Trust to acquire stakes in Edelweiss Asset & Edelweiss Trusteeship (See 'Corp Brief') IPR - Mere adoption of product-by-process format would not result in novel product being downgraded to Section 48(b) of Patent Act: HC (See 'Legal Desk') CSIR hosts Capacity Building Workshop for Dissemination of Indian Knowledge System (See 'Corp Brief') Competition Act - issues pertaining to unauthorized business operations, public health & regulatory violations, not demonstrating any anti-competitive agreement or concerted action u/s 3 of the Act, cannot be looked into by CCI: CCI (See 'Legal Desk') 12 lakh Railway Employees working Day and Night during Festive Season: Vaishnaw (See 'Corp Brief') A&C - Restrictions contained in Code of Civil Procedure apply even in cases relating to enforcement of foreign arbitral awards: HC (See 'Legal Desk') Ministry of Mines introduces Timelines to Fast-track Operationalisation of Auctioned Blocks (See 'Corp Brief') RTI/IBC - Mechanism of the RTI Act cannot be commandeered for grievance redressal, policy suggestions, or compelling interpretations of prior responses: IBBI (See 'Legal Desk') Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT ) BSNL turns profitable after 18 Years: Scindia (See 'Corp Brief') IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk') Chouhan to meet Ministers of 11 Ministries for 'Pradhan Mantri Dhan-Dhaanya Krishi Yojana' (See 'Corp Brief') SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk') NITI Aayog's Women Entrepreneurship Platform and DP World launch 'We Rise' initiative (See 'Corp Brief') A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk') MoS unveils Curtain Raiser for 4-day India International Science Festival (See 'Corp Brief') PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk')

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Maritime State Development Council to drive Strategic Maritime Development and Sustainability

Published: Sep 13, 2024

By TIOLCorplaws News Service

NEW DELHI, SEP 13, 2024: UNION Minister of Port Shipping and Waterways, Sarbananda Sonowal, visited Mormugao Port to inspect the upcoming International Cruise Terminal. During his visit, he toured the construction site of the new terminal building and experienced the port's state-of-the-art facilities with a yacht ride. As part of the 'Ek Ped Maa Ke Naam' initiative, the Minister also planted a sapling in the premises of the Mormugao Port.

Additionally, he briefed the media about the 20th Maritime State Development Council (MSDC) meeting, which is set to take place today in Goa.

He mentioned, "Under the visionary leadership of Prime Minister Modi, MoPSW is advancing ambitious projects worth Rs 24,000 crore in Goa under Sagarmala  to transform India's maritime sector. The Maritime State Development Council will review the progress of these initiatives, including the Maritime India Vision 2030 and Amrit Kaal Vision 2047, as we align with our future targets. By bringing all stakeholders from coastal states together, MoPSW aims to create world-class infrastructure".

"With the new Cruise Terminal at Mormugao Port, we are setting a benchmark for excellence, aiming to provide the kind of facilities that will help us meet our target of 1.5 million cruise tourists by 2030", Sonowal added.

It is to be noted Sarbananda Sonowal, will preside over the 20th meeting of the Maritime State Development Council (MSDC), set to take place on 12th and 13th September 2024 in Goa. This crucial event will bring together Chief Ministers, Senior Ministers from Coastal States, and Administrators of Union Territories (UTs). Senior officials from all nine Coastal States, four UTs, and representatives from various Union Government Ministries and Departments will also be in attendance.

The 20th MSDC meeting will address several key maritime initiatives critical to India's maritime future. A primary focus will be the review of the Sagarmala Programme, assessing its progress and outlining future plans to drive port-led development. Strategic discussions will also be held on the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat, highlighting efforts to preserve and showcase India's rich maritime history. The development of the country's inland waterway network will be another major topic, with proposals aimed at enhancing cargo and passenger transport being evaluated.

Additionally, the meeting will deliberate on improving road and rail connectivity to ports, facilitating smoother movement of goods and passengers. Innovative state-led initiatives will also be showcased, including Kerala Maritime Board's strategies to monetize dredging activities, Gujarat Maritime Board's urban development projects linked to port activity, and Andhra Pradesh Maritime Board's comprehensive master plan for maritime growth. Environmental sustainability will be a key theme, with a special focus on reducing pollution at Goa Port by curbing the handling of dirty cargo, aligning with broader efforts to promote cleaner, more sustainable port operations and enhance Goa's appeal as a destination for both tourists and residents.

In addition to the above, discussions will be held on the compliance status of Major and Non-Major ports, strategic plans to boost the shipbuilding and ship repair industries, the review of Sagarankalan guidelines, and improvements to the port ranking system in India.

The MSDC, established in 1997, serves as the apex advisory body for the development of India's maritime sector. Its primary aim is to promote the integrated growth of Major and Non-Major ports in close coordination with State governments. The Council, chaired by the Union Minister for Ports, Shipping, and Waterways, comprises Ministers responsible for ports from all Maritime States, Administrators of UTs, and key stakeholders, including representatives from the Navy, Coast Guard, and other agencies.

This pivotal gathering reaffirms the government's commitment to advancing India's maritime infrastructure, boosting port connectivity, and fostering sustainable growth for the maritime sector. The integration of Minor Ports with Major Ports and new proposals for roads, railways, and Inland Water Transport (IWT) will pave the way for a robust maritime economy.

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