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Tag: taxation laws favouring foreign-flag vessels

Some wind behind the sails of India’s shipping industry

Posted on February 3, 2025 By admin
Some wind behind the sails of India’s shipping industry

The government deserves credit for its commitment to develop the maritime sector, largely neglected by predecessor governments. This is reflected in the expenditure on the government’s flagship programme, Sagarmala, which, as on September 2024, had outlined 839 projects requiring an investment of ₹5.8 lakh crore by 2035. Of these, 241 projects, worth ₹1.22 lakh crore,…

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