SHIPBUILDING PROMOTION AND MARITIME FINANCING
The Government has approved Shipbuilding Financial Assistance Scheme (SBFAS), which is an extension of Shipbuilding Financial Assistance Policy (SBFAP), with an outlay of ₹ 24,736 crore to address cost disadvantages of Indian shipyards vis-a-vis global shipyards. The scheme guidelines to operationalize SBFAS have been issued on 26.12.2025. Maritime Development Fund (MDF), with a corpus of […]




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