Chennai

Ports to be evaluated on the basis of social equity

The Shipping Ministry will soon start evaluating ports on the basis of economic performance, social equity and environmental responsibility, said its Minister G. K. Vasan on Monday.

Delivering the keynote address at the launch of the Corporate Social Responsibility (CSR) projects of Ennore Port Ltd (EPL), he said that ports, apart from earning revenues for the exchequer, should engage in environment protection activities and in discharging social responsibilities.

“Just as the ports have contributed to the growth of their hinterlands, people in its hinterlands have contributed to the growth of the ports. Hence, I directed the ports to set aside three per cent of their profits for CSR activities. Most of the ports have responded positively, and EPL is one of the most active ports in this aspect,” he said.

For 2014-15, the EPL will take up CSR projects with an investment of Rs.3.5 crore for capacity-building, skill development, infrastructural development and another Rs.1.5 crore for water and waste management, energy management and promotion of renewal energy, bio-diversity conservation and protection, conservation and reservation of eco-systems under the head of environment sustainability.

On Monday, Mr. Vasan launched various CSR schemes of the EPL.

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Printable version | Sep 30, 2020 9:08:51 AM | https://www.thehindu.com/news/cities/chennai/ports-to-be-evaluated-on-the-basis-of-social-equity/article5365002.ece

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