Guidelines for Leasing Port Lands released

By Accommodation Times News Services

The Minister of State for Shipping, Shri Pon. Radhakrishnan informed the Lok Sabha today that the Ministry has formulated Land Policy Guidelines, 2014 which provide guidelines for leasing of port lands. The total area of land that currently remains unused at ports is 2,35,020 acres.

All major ports have land use plan which dictates the usage of the port land for different activities. Port lands are put to optimal use based on the respective land use plans. There is no specific revenue sharing methodology with the Government but major ports collect lease rentals for the lands given out on lease. The salient features of the policy are:-

i) Dominant method of allotment of land is through a transparent tender-cum-auction mechanism;

ii) Special dispensation provided for security agencies, government departments;

iii) Concessional regime of providing upto 75% discount on allotment of land to agencies engaged in essential port services and core security functions and also for government school and colleges have been provided for;

iv) The valuation of the land is linked with market value and is to be notified by Tariff Authority of Major Ports (TAMP); and

v) Provision for pro-active disclosure mechanisms and transparency in land related transactions.

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