Union Minister has recently launched the initiative under the Ministry of Ports, Shipping, and Waterways (MoPSW).
o Reduces container operation documents by 33% (from 143 to 96) and bulk cargo documents by 29% (from 150 to 106).
o Launched for FY 2023-24 to enhance efficiency and global competitiveness of India's ports.
o Benchmarks port performance under Bulk (Dry & Liquid) and Container categories.
o Evaluates ports based on cargo handling, turnaround time, berth idle time, container dwell time, and ship berth-day output.
o Supports PM Gati Shakti National Master Plan and National Logistics Policy to drive operational excellence and trade connectivity.
o Operationalizes VTC between India and UAE, aligning with IMEEC.