Assertion: Private entrepreneurs have been invited for the modernisation of ports in India.
Reasoning: The government wants the rich industrialists to develop the ports as they are the ones making a profit out of it.
Answer & explanation
Correct answer: option 3
Previously, the development and modernisation were the responsibility of the government agencies, but considering the increase in function and the need to bring these ports to par with the international ports, private entrepreneurs have been invited for the modernisation of ports in India.