Independent journal on economy and transport policy
01:27 GMT+2
Sops for ship builders may stay afloat for 5 more years
(The Economic Times)
September 7, 2007
Nirbhay Kumar & Ashish K Mishra, TNN
NEW DELHI/MUMBAI: Shipbuilders such as Larsen & Toubro (L&T) and Bharti Shipyard may get a shot in the arm with the ministry of shipping, road transport and highways planning to extend the 30% subsidy to shipbuilding companies by five years. The ministry is likely to forward a Cabinet note to this effect soon. The subsidy scheme expired last month and the ministry is keen to revive it. ...... Read more on The Economic Times
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