As the shipping sector grows and evolves in the country, a need was felt to have a separate legislation on coastal shipping, which is an integral part of transport chain, and recognize the policy priorities of the sector to meet the demands of the Indian shipping industry, the ministry said in a statement.
"The Ministry of Shipping has drafted a Coastal Shipping Bill, 2020 in lieu of part XIV of the Merchant Shipping Act, 1958," it added.
The Bill proposes to do away with the requirement of trading licence for Indian flag vessels for coastal trade, besides creating a competitive environment to reduce transportation costs.
The Bill also proposes integration of coastal maritime transport with inland waterways.
Citizens can submit their suggestions and opinions regarding the draft bill to email@example.com latest by November 6, the statement said. PTI NAM RVK
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI