Latest news with #MerchantShippingBill
Time of India
a day ago
- Business
- Time of India
Merchant Shipping Bill seeks to ensure transparency in charges levied by service providers
Advt Advt By , ETInfra MUMBAI: In a move aimed at imparting transparency, service providers or agents of Indian vessels or other vessels operating in coastal waters in relation to import, export or domestic transportation, will have to disclose upfront all the charges levied from the users, under the Merchant Shipping Bill currently being discussed in the Lok Sabha By making it 'statutory' for service providers in the maritime sector to 'disclose upfront' the charges levied from users, the government is looking to meet a long-standing demand of exporters and importers transporting cargo in containers.'Transparency means service providers will have to disclose upfront whatever they are charging. That's all, nothing else,' said a government official, though, made it clear that the provision in the Merchant Shipping Bill will not mean regulating freight rates charged by container shipping lines.'We are not saying we will regulate the freight; freight will be regulated by the market but the charges which will be levied should be disclosed upfront, it should be available on the website of the service providers, which implies the customer or the user should know the charges he has to pay for using the service,' the official Merchant Shipping Bill, which seeks to repeal and re-enact the Merchant Shipping Act, 1958, empowers the Central government to prescribe the terms and conditions for specification of charges and issuance of the Bill of Lading or any other transport document.'The Central Government, in such circumstances as it may, by notification, specify in this behalf, require every service provider or agent in respect of any Indian vessel or other vessel operating in coastal waters in relation to import, export or domestic transportation, to specify in the Bill of Lading or any other transport document, all charges to be paid by an exporter, importer, consignor or consignee in India, subject to the terms and conditions for the specification of such charges and the issuance of the Bill of Lading or any other transport document, as may be specified in that notification,' according to the Merchant Shipping charges to be paid by exporter, importer, consignor or consignee shall include both fixed and conditional charges. Besides, the service provider or agent shall not levy any charges other than the charges specified in the Bill of Lading or any other transport document.'If the service provider or agent fails to specify the charges or levies any charges other than the charges specified by him in the Bill of Lading or any other transport document, he shall be liable to a penalty which may extend to five lakh rupees,' says the Merchant Shipping Bill.
Hindustan Times
5 days ago
- Politics
- Hindustan Times
Parliament Monsoon Session 2025 live updates: Another stormy day likely over Bihar SIR
Parliament Monsoon Session 2025 live updates: Opposition MPs create ruckus in Lok Sabha during the Monsoon Session of Parliament on Thursday. As the Monsoon Session of Parliament reaches its fifth day on Friday, the Lok Sabha will consider two important bills - the Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill and the Merchant Shipping Bill, 2024. "That the Bill for providing for reservation of seats in terms of article 332 of the Constitution for the purpose of democratic representation of members of the Scheduled Tribes and to empower for readjustment of seats in the State Legislative Assembly, to the extent such readjustment is prompted by addition of certain communities to the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be given due consideration," the list of business notice released by Lok Sabha More Apart from legislative work, two major parliamentary panels — the Standing Committee on External Affairs and the Public Accounts Committee — are to submit their reports on the government's response to their earlier suggestions. Among these matters to be examined is India's interaction with G20 nations, a matter of increasing strategic significance. The Parliament has seen repeated adjournments for the past four days since it started on July 21. Yesterday, proceedings in both houses of Parliament were adjourned for the day due to protests by the opposition. Meanwhile, a parliamentary panel report tabled in the Rajya Sabha on Thursday flagged privacy concerns about telecom cybersecurity rules and recommended that the Department of Telecom fine-tune them. Rajya Sabha's Deputy Chairman Harivansh rejected around 30 adjournment notices given by Opposition party members over various issues, including discussing the "unexpected resignation of Chairman Rajya Sabha" and former Vice President Jagdeep Dhankhar. Here are the top updates:
Time of India
6 days ago
- Politics
- Time of India
LS Monsoon Session Day 4: Oppn discusses ST reservation bill for Goa, Merchant Shipping Bill - The Economic Times Video
The Lok Sabha is set to deliberate on crucial legislations during the monsoon session, including the Scheduled Tribes reservation bill for Goa and the Merchant Shipping Bill. Union Ministers will present these bills for consideration and passage, aiming to ensure effective democratic participation and compliance with international maritime treaties.
Mint
6 days ago
- Politics
- Mint
Monsoon session: Parliament set to debate Tribes Reservation Bill and Merchant Shipping Bill today
As the monsoon session reaches its fourth day, the Lok Sabha is scheduled to debate important bills on Thursday, including the Scheduled Tribes Reservation Bill for Goa and the Merchant Shipping Bill. Union Law Minister Arjun Ram Meghwal will introduce The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, for consideration and passage. 'That the Bill for enabling reservation of seats by article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be taken into consideration,' the list of business notice issued by Lok Sabha read. Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal will move The Merchant Shipping Bill, 2024 for consideration and passage. The Bill aims to consolidate and amend the law relating to merchant shipping to ensure compliance with India's obligation under the maritime treaties and international instruments to which India is a party and also to ensure the development of Indian shipping and efficient maintenance of Indian mercantile marine in a manner best suited to serve the national interest and for matters connected therewith or incidental thereto, be taken into consideration. The standing committees on Rural Development and Panchayati Raj, as well as Communications and Information Technology, will also present their reports on the government's action taken in response to their recommendations on various issues. Earlier, due to ongoing protests and disruptions by Opposition MPs over the Bihar Special Intensive Revision on the third day of the monsoon session, both the Lok Sabha and Rajya Sabha were adjourned until July 24. The Houses are set to reconvene at 11 am on Thursday. The monsoon session of Parliament will continue until August 21. Key Takeaways The monsoon session will focus on important legislative matters affecting Scheduled Tribes and maritime law. Protests by opposition MPs have led to multiple adjournments of Parliament, highlighting political tensions. The introduction of significant bills reflects ongoing efforts to improve representation and compliance with international standards.
The Hindu
6 days ago
- Politics
- The Hindu
Parliament Monsoon Session Day 4 LIVE: Congress moves adjournment motion to discuss Special Intensive Revision
After three days of protests from Opposition MPs in both houses of Parliament, the monsoon session enters the fourth day on Thursday (July 24, 2025). Legislators from the Opposition demanded a discussion on the Bihar Special Intensive revision. ALSO READ | Highlights from Parliament Monsoon Session Day 3 As the session enters its fourth day, the Lok Sabha is set to discuss key legislations, including the Scheduled Tribes Reservation bill for Goa and the Merchant Shipping Bill, on Thursday. Union Law Minister Arjun Ram Meghwal will move The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, for consideration and passage. ALSO READ | Fewer foreign trips, protocol lapses upset Jagdeep Dhankhar; former Vice-President felt he had a diminished role The Parliament session will continue till August 21. Follow live updates here:
