Union Ministry to offer subsidy to ship building Industry

Centre to open up sub-centre of Maritime University at Ratnagiri, Maharashtra, for which JSW has already allotted 200 acres of land

The Union Minister for Shipping, Road Transport and Highways Nitin Gadkari has said his ministry has prepared a scheme to offer subsidy to the shipbuilding industry.  The minister said it has been sent to the Cabinet for its approval.

Addressing media men at a press conference at Dona Paula near Panaji in Goa on Monday, after chairing the 16th meeting of Maritime States Development Council (MSDC), Gadkari said in view of the world’s requirement of manpower in the maritime industry, the government would open up a sub-centre of maritime university at Ratnagiri in Maharashtra to cater to the three states — Goa, Gujarat and Maharashtra — for which JSW has already allotted 200 acres of land. He said by 2020, the maritime industry would provide jobs to over 65 million skilled labourers all over the world.Gadkari said the government would provide financial assistance of Rs 50 crore to the Centre, which would provide training in the maritime industry.

The minister also said the government has prepared a Rs 400-crore scheme to boost inland waterways. Under the scheme, the government would give 50 per cent subsidy to states to erect floating jetties, while 50 per cent of the cost will have to be borne by the states.  

He said for passenger jetties, this subsidy will be Rs 10 crore, while for container/goods jetties, the subsidy would be restricted to Rs 25 crore.

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• Centre to open a sub-centre of the maritime university at Ratnagiri in Maharashtra, to cater to Goa, Gujarat and Maharashtra, for which JSW has already allotted 200 acres of land
  

 

A new scheme worth Rs 400 crore will boost inland waterways. Under the scheme, Centre to give 50 per cent subsidy to States to erect floating jetties, while the balance will have to be borne by the States
 

For passenger jetties, this subsidy will be Rs 10 crore while for container/goods jetties, the subsidy will be restricted to Rs 25 crore