Paradip Port receives Mega Port status
What happened
- The government designated Paradip Port as a Mega Port under the Indian Ports Act, 2025.
- It is the only port on India's eastern coast to receive this status.
- Deendayal Port, Jawaharlal Nehru Port, and Mundra Port also received this designation.
Key terms explained
Financial terms from this story, in everyday words.
- Mega Port
- A classification given to ports that meet specific structural and operational criteria under the Indian Ports Act, 2025.
Original source
The Economic Times
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