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 […]
India participated in the 20th session of the United Nations Forum on Forests (UNFF20), held at the United Nations Headquarters in New York from May 5 to 9, 2025. India highlighted its significant progress in forest conservation and sustainable forest management, reaffirming its commitment to achieving the Voluntary National Contributions (VNCs) under the United Nations […]
India will host three major international maritime events in Feb 2026 at Visakhapatnam, namely, the International Fleet Review (IFR) 2026, Exercise MILAN 2026, and Indian Ocean Naval Symposium (IONS) Conclave of Chiefs, scheduled to be conducted from 15 to 25 Feb 2026. This marks India’s maiden conduct of these major maritime events simultaneously. The event […]
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