Independent journal on economy and transport policy
08:09 GMT+2
Government plans to set up shipbuilding development fund
(livemint.com)
September 2, 2014
P.Manoj
livemint.com
Bangalore: The shipping ministry has initiated discussions with financial institutions such as IFCI and IDBI to establish a fund of as much as Rs.15,000 crore to extend low-cost loans to shipbuilders.
The shipbuilding development fund will form a key part of a policy being drafted by the shipping ministry to promote local shipbuilding as announced by finance minister Arun Jaitley in his budget speech on 10 July ...... Read more on livemint.com
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