The Major Ports Authorities Bill passed by Parliament on Wednesday will help develop a faster and transparent decision making process besides enabling these ports to compete in the evolving market environment, Essar Ports has said. Earlier in the day, the Upper House of Parliament passed the Major Ports Authority Bill, 2020,that seeks to provide greater autonomy in decision-making to 12 major ports in the country and professionalise their governance by setting up boards. The Lok Sabha had passed the bill on September 23, 2020. The bill aims to provide for regulation, operation and planning of major ports in India and to vest the administration, control and management of such ports upon the boards of major port authorities and for matters connected therewith or incidental thereto, be taken into consideration.