MARITIMEGATEWAY 728X100

MTOs to be self-regulated

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The Shipping Ministry, which is finalising the draft of the Multimodal Transportation of Goods (MMTG) Bill, 2018, proposes to bring all multimodal transport operators (MTO) under self-regulation, doing away with the mandatory registration and reducing intervention of the government. A second round of discussions has been held with stakeholder organisations and the final draft of the MMTG Bill is expected to be submitted to the Union Cabinet for approval soon.

The proposed amendments to the MMTG Act 1993 include registration of a self-regulatory organisation. For MTOs, the proposed bill provides for compulsory registration of all of them along with their benchmarking on the basis of their turnover, infrastructure and performance, to be done by the SRO.

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