EDEN IAS

NEWS IMPULSE – SAROD PORTAL | 14 SEPTEMBER

<p style=”margin-bottom: 13px; text-align: center;”><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>SOURCE &ndash; PIB</span></span></span></span></b></span></span></span></p>

<p style=”margin-bottom: 13px; text-align: center;”><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>GS PAPER &ndash; 3</span></span></span></span></b></span></span></span></p>

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<p style=”margin-bottom:13px”><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>CONTEXT</span></span></span></span></b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”> – </span></span></span></span><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>The Union&nbsp;<strong><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”>Ministry of Shipping</span></strong>&nbsp;launched&nbsp;<strong><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”>&lsquo;SAROD-Ports&rsquo; (Society for Affordable Redressal of Disputes – Ports)</span></strong>&nbsp;through virtual ceremony in New Delhi.</span></span></span></span></span></span></span></p>

<p style=”margin-bottom:13px”><strong><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>ABOUT &ndash;</span></span></span></span></span></span></span></strong></p>

<ul style=”list-style-type:circle”>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>It is established under&nbsp;<b>Societies Registration Act, 1860.</b></span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>&lsquo;SAROD-Ports&rsquo; is similar to provision available in Highway Sector in the form of&nbsp;<b>SAROD-Roads</b>&nbsp;constituted by&nbsp;<b>National Highways Authority of India&nbsp;(NHAI).</b></span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:black”>It consists of members from&nbsp;<b>Indian Ports Association (IPA)&nbsp;</b>and<b>&nbsp;Indian Private Ports and Terminals Association (IPTTA).</b></span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><strong><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:#474747″>It will advise and assist</span></span></span></strong><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:#474747″>&nbsp;in settlement of disputes&nbsp;<strong><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”>through arbitrations</span></strong>&nbsp;in the maritime sector, including ports and shipping sector in Major Port Trusts, Non-major Ports, including private ports, jetties, terminals and harbours.</span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:#474747″>SAROD-Ports will become the pivotal mechanism of&nbsp;<b><i>ummeed</i>&nbsp;(hope),&nbsp;<i>vishwas</i>&nbsp;(trust) and&nbsp;<i>nyaya</i>&nbsp;(justice)</b>&nbsp;in the Port sector of India. It will lead to&nbsp;<b>saving huge amounts of legal expenditure and time.</b></span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:#474747″>It will promote&nbsp;<strong><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”>ease of doing business</span></strong>&nbsp;in the maritime sector because of the&nbsp;<strong><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”>fast, timely, cost effective and robust dispute resolution mechanism.</span></strong></span></span></span></span></span></span></span></li>
<li style=”margin-right:7px; margin-bottom:7px”><span style=”font-size:11pt”><span style=”line-height:normal”><span style=”tab-stops:list .5in”><span style=”font-family:Calibri,sans-serif”><span style=”font-size:12.0pt”><span style=”font-family:&quot;Cambria&quot;,&quot;serif&quot;”><span style=”color:#474747″>All major Ports will shift towards the&nbsp;<b>&lsquo;Landlord Model&rsquo;.</b></span></span></span></span></span></span></span></li>
</ul>

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