Sunday 8 December 2019
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business-standard - 5 days ago

Lok Sabha passes bill to regulate ship rec minister says legislation will have economic benefits

The Lok Sabha on Tuesday passed a bill that restricts the use of hazardous materials on ships and regulates their recycling with Union Minister for Shipping Mansukh L Mandaviya saying that the legislation will benefit the country economically.The Recycling of Ships Bill, 2019, was passed with a voice vote.Mandaviya said extensive discussions had been held so that the provisions of the bill were labour centric and environment centric .He said norms had been clearly laid out for dealing with hazardous waste on ships that come for recycling.Mandaviya said, India is a leader in the global ship recycling industry with a share of over 30 per cent and the passage of the bill will open more opportunities. India has decided to accede to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009. He said acceding to the convention will lead to more ships coming to the country for recycling including from countries like Norway and Japan. India will ...

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