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Rasal

Never Give Up • 7d

The Union Cabinet has approved a ₹69,725 crore package to transform India’s shipbuilding and maritime sector, combining direct financial assistance, a ₹25,000 crore Maritime Development Fund, and new incentives for shipyards, shipbreaking, and technology upgrades; the plan aims to lift annual shipbuilding capacity to 4.5 million Gross Tonnage, generate nearly 30 lakh jobs, attract ₹4.5 lakh crore in investments, and cement India’s position as a global maritime hub while advancing the vision of Aatmanirbhar Bharat on the oceans.

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