What is the significance of the Coastal Shipping Bill introduced in Lok Sabha amid din
The Coastal Shipping Bill was introduced in the Lok Sabha during a chaotic session.
- The Coastal Shipping Bill aims to revamp regulations governing coastal shipping in India, potentially boosting maritime trade and connectivity.
- It seeks to promote the use of domestic vessels for cargo transportation along the coast, reducing reliance on foreign ships.
- Enhancing coastal shipping can lead to cost-effective and efficient transportation of goods within the country.
- This bill could also help generate employment opportunities in the maritime sector and boost economic growth.
- The introduction of the bill underscores the government's focus on the maritime industry's development and improving transport infrastructure in the country.
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7 months ago