Indian Shipbuilders Struggle to Access ₹4,000 Crore Aid

MUMBAI: A significant ₹4,000 crore financial assistance scheme for Indian shipbuilders is facing underutilization, with only ₹499.61 crore, or about 12.5%, disbursed so far. Launched in April 2016, the scheme is set to expire in just eight months, raising concerns about its effectiveness. Union Minister Sarbananda Sonowal revealed that the funds have been allocated for … Continue reading Indian Shipbuilders Struggle to Access ₹4,000 Crore Aid