Question : Concerning the Major Port Authorities Bill passed in 2021, what is the TAMP?
Option 1: Tariff Authority for Minor Ports
Option 2: Trip Agency for Minor Ports
Option 3: Trip Agency for Major Ports
Option 4: Tariff Authority for Major Ports
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Correct Answer: Tariff Authority for Major Ports
Solution : The correct answer is Tariff Authority for Major Ports.
The role of the Tariff Authority for Major Ports (TAMP) has been redefined. The Port Authority has now been given powers to fix tariffs, which will act as a reference tariff for bidding on Public-Private Partnerships (PPP) projects. PPP operators will be free to fix tariffs based on market conditions.
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