In a major boost to India’s maritime ambitions, the Ministry of Ports, Shipping and Waterways (MoPSW) has notified operational guidelines for two flagship initiatives aimed at revitalising the domestic shipbuilding ecosystem. With a combined financial outlay of ₹44,700 crore, the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme…
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Revamped Inland Waterways to Power Northeast Growth: Sonowal
Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal said modernised inland waterways are unlocking new trade corridors for the Northeast, reducing logistics costs and expanding petroleum exports from Assam to Bangladesh and Southeast Asia. Speaking at the North East Oil & Gas Conclave 2025, he underlined waterways’ role…