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
...... Read more on The Hindu Business Line
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