kolkata-port-trust-renamed-as-syama-prasad-mookerjee-trust

Context: The Union Cabinet chaired by the Prime Minister, has given its approval to rename Kolkata Port as Syama Prasad Mookerjee Port.

More on the news:

The Board of Trustees of Kolkata Port Trust in their earlier meeting has also passed a Resolution to re-name Kolkata Port as Syama Prasad Mookerjee Port,  considering his multifaceted genius as an eminent jurist, academician, thinker and leader of the masses.

About Kolkata Port:

  • The Kolkata Port is the first Major Port as well as the only riverine port of the country. 
  • It came to be governed by a Trust on 17th October, 1870 on appointment of the Commissioners for Improvement of the Port of Calcutta as per Act V of 1870. 
  • It features in The First Schedule, Part I—Major Ports of the Indian Ports Act, 1908 and is governed by the Major Port Trusts Act, 1963. 
  • Kolkata Port has traversed 150 years and in this journey it has been India's gateway to trade, commerce and economic development. 
  • It has also been a witness to India's struggle for independence, World Wars l & II and socio-cultural changes taking place in the country, especially in Eastern India.

How Major Ports are named in India?

  • Generally, the Major Ports in India are named after the city or the town in which they are situated. 
  • Some ports, however, in special cases or in due consideration of contributions made by eminent leaders have been re-named after great national leaders in the past. 
  • Nhava Sheva Port Trust was renamed as Jawaharlal Nehru Port Trust by the Government in the year 1989. 
  • The Tuticorin Port Trust was renamed as V.O. Chidambaranar Port Trust in the year 2011 and the Ennore Port Limited has been re-named as Kamarajar Port Limited in the honour of Shri K Kamarajar, eminent freedom fighter and former Chief Minister of Tamil Nadu. 
  • Recently, in 2017 Kandla Port was re-named as Deendayal Port. 

Source: Maps of India

Ports in India

  • According to the Ministry of Shipping, around 95 percent of India's trading by volume and 70 per cent by value is done through maritime transport.
  • India has 12 major and 205 notified minor and intermediate ports. 
  • Under the National Perspective Plan for Sagarmala, six new mega ports will be developed in the country. 
  • The Indian ports and shipping industry play a vital role in sustaining growth in the country’s trade and commerce.
  • India is the sixteenth largest maritime country in the world, with a coastline of about 7,517 km. 
  • The Indian Government plays an important role in supporting the ports sector. 
    • It has allowed Foreign Direct Investment (FDI) of up to 100 percent under the automatic route for port and harbour construction and maintenance projects. 
    • It has also facilitated a 10-year tax holiday to enterprises that develop, maintain and operate ports, inland waterways and inland ports.

Source: ibef.org

Source: https://pib.gov.in/PressReleasePage.aspx?PRID=1629044