Financial Assistance Policy for Shipyards  The Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a question in Lok Sabha today that the  Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026. Under this scheme financial assistance equal ...

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