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Need to ramp up lending for maritime sector: Parliamentary committeeA parliamentary committee has urged the government to quickly start lending through the Sagarmala Finance Corporation. This aims to boost I...- Large ships may serve as collateral for loansIndia is poised to allow large ships as loan collateral, aiming to ease financing for its maritime industry. This move, coupled with the pr...
- Budget 2025: Nirmala Sitharaman announces Maritime Development Fund of Rs 25,000 crore for long-term financingFinance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry...
- Shipbuilding orders worth Rs 6,800 crore received in last four years: Sarbananda SonowalThe scheme offers financial assistance to Indian Shipyards for shipbuilding contracts signed between April 1, 2016 and March 31, 2026 with ...
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