In 2020, the Union Cabinet had given its 'in-principle' approval for setting up a Major Port at Vadhavan near Dahanu in Maharashtra. The new major port would be set up on "Landlord Model".
Landlord Model of Port Development
The activities which are carried out in the management of Ports can be broadly classified as:
- Governing functions: Ownership of Land and Regulation of Port activities.
- Port Operations: commercial functions such as Loading and unloading of cargo, Storage, and warehousing etc.
Types of Port Development Models:
2 Models of Port Development- Service Ports Model (Port Authority- Both Governing and Port Operations); Landlord Model- (Port Authority- Regulator and landlord; Port Operations- Private Sector)