NEW DELHI: State-owned
trading firm MSTC has proposed to set up an integrated ship recycling yard
under the Public Private Partnership route at Alang in Gujarat.
"The project can
bring in substantial revenue for the government in the form of taxes and levies
on the real value of goods as recorded in the e-commerce transactions,"
MSTC, which is under the administrative control of Steel Ministry, has said in
its proposal.
It will also ensure that
steel and allied products from the ship-breaking are sold through transparent
and fair transactions, the proposal said.
MSTC suggested that
"ship recyclers could avail the services of MSTC for disposal of various
scrap material and e-waste through e-auction for safe handling and better price
discovery", evincing interest in setting up the project at Alang.
A Steel Ministry panel,
headed by its Additional Secretary and Financial Adviser, Vinod Kumar Thakral,
has suggested MSTC contact Gujarat Maritime Board (GMB) or the state government
with the proposal.
Alang houses one of
Asia's largest ship breaking yards. It produces 3.5 million tonne of
re-rollable steel per year and employs around 50,000 people.
Alang yard has 167 plots
developed on 10 km long coast. It has a breaking capacity of 4 million tonne
per annum. The Gujarat Maritime Board regulates the ship breaking activities
there.
As many as 1,514 ships
were received for breaking up at the Alang yard between 2009-10 and 2012-13,
compared to less than 200 ships at Mumbai and Kerala yards.
Source:
Economic times. 18 November 2013
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