ABSTRACT
The key issues of India, in the existing scenario, as an emerging economy, are being able to create globally competitive India and ably surge ahead to become the leading economy of the world. The question is what India needs to do in order to mature into a developed economy from an emerging economy. It discusses the efficacies of the policies relating to the economic aspects the port, and whether it has the capacity to unlock the economic potentials of the state; whether this can be a valuable way to bring transformative investments in the business using local resources. The very traditional role of ports was limited to import and export has undergone changes and now includes activities like transshipment and logistics provider. It was marked that the ports and the hinterland coast have become the most preferred and highly congested space for public and private investments. Odisha coast is suitable for modern ports having the capability of adequate depth and vast surroundings for further development of the ports and coast. There are many evidences where many economic benefits have accrued too many countries and made them prosperous. Empirical results show that the countries have found that their trade volume has increased significantly because of rising efficiency of the ports. The ports play an important role in global supply chain and act as a facilitator of trade. Economic activities of the ports provide value addition to the economy. Do our policies confirm to this?
