Independent journal on economy and transport policy
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Shipbuilding firms likely to claim Rs 4,000 cr subsidy
(Business Standard)
April 7, 2009
Press Trust Of India / New Delhi
Shipbuilding firms, including ABG Shipyard, Pipavav Shipyard, Bharti Shipyard and Larsen & Toubro, are likely to claim subsidy of over Rs 4,000 crore in the next four years from the government.
According to industry sources, Shipbuilding companies are gearing up to claim subsidy, given by the government to encourage private sector participation in shipbuilding in the country ...... Read more on Business Standard
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