In order to achieve the objective of Atmanirbhar Bharat, the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved a scheme to provide Rs.1624 crore over five years as a subsidy to Indian Shipping companies in global tenders floated by Ministries and CPSEs
In the year 2020, the government has undertaken several important progressive policy interventions and new initiatives to accelerate the overall development of the shipping sector.
Ministry of Ports, Shipping and Waterways has compiled the draft guidelines for technical specifications of floating structures, with a vision to set up and deploy world-class floating infrastructure all along the coastline and issued the same for public consultation.
In pursuance of ‘Make in India’ policy of the Government of India, the Ministry of Shipping has reviewed the ROFR (Right of First Refusal) licensing conditions for chartering of vessels/Ships through a tender process for all types of requirements.
A step towards bolstering the revival of Indian Ship building and a big move towards AatmaNirbhar (Self-Reliant) Shipping in AatmaNirbhar (Self-Reliant) Bharat.
Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through charter flights. It is the highest number of crew changes in the world.
To reap the benefit for vast employment opportunities in maritime sector and with a view to certify their skill sets, Memorandum of Understanding (MoU) was signed digitally between Ministry of Shipping and Ministry of Skill Development and Entrepreneurship today.
India, spearheaded by the Shipping Ministry, flagged off the foremost trial in the movement of freight cargo through the Indian port of Kolkata, to the Bangladeshi port of Chattogram, for transporting cargo to the Indian states of Assam and Tripura.
Minister of State for Shipping (I/C) has reviewed the development activities of Vallarpadam Terminal of Cochin Port. It is envisaged as the first trans-shipment port of India, managed by DP World.