Steps taken to facilitate investment in port projects
The Government has taken following steps to make investment in Port projects more attractive:- 1. Upto 100% Foreign Direct Investment (FDI) under the automatic route is allowed for Port development projects. 2. Income tax incentives are allowed as per Income Tax Act, 1961. 3. Bidding documents like Request for Qualification (RFQ), Request for Proposal (RFP) …