SHIPBUILDING FINANCIAL ASSISTANCE POLICY AND MARITIME DEVELOPMENT FUND
Shipbuilding Financial Assistance Scheme (SBFAS), is an extension of Shipbuilding Financial Assistance Policy (SBFAP), with an outlay of ₹ 24,736 crore to address cost disadvantages faced by Indian shipyards vis-a-vis global shipyards. Maritime Development Fund (MDF), with a corpus of ₹ 25,000 crore, has been established for providing long term financing support to shipbuilding and maritime sector […]






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