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31 August 2014 The on-line newspaper devoted to the world of transports 04:15 GMT+2



February 19, 2001

Need for national shipping policy

THE Indian fleet comprises 547 ships, adding up to a little below seven million GRT. From the beginning of the Ninth Plan in April 1997, the shipping sector has had a dismal growth of just 1.6 per cent. The gross earnings of the industry in 1999-2000 amounted to Rs 5,700 crore, of which the net foreign exchange inflow was Rs 3,500 crore. While the country's ......
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