- The Indian cabinet recently approved the Coastal Shipping Bill. This bill aims to reduce bureaucracy in shipping operations within India. It also seeks to enhance integration between inland waterway and coastal shipping.
- This bill is part of efforts by the Narendra Modi-led government. They aim to shift cargo movement from roads and railways to ships. This aims to alleviate congestion.
- The bill aligns with the government’s broader vision. This vision aims to develop some of the world’s largest ports and shipyards in the future.
- In July, the Ministry of Ports, Shipping, and Waterways launched the India Maritime Centre (IMC). This serves as a pivotal initiative under the Maritime India Vision 2030. It provides a unified platform for the Indian maritime industry. The IMC offers a think tank for policy formulation and industry recommendations.
India’s Coastal Shipping Bill Approved: Key Changes Ahead
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