Ministry of Ports Seeks Removal of IGST on Imported Ships to Boost Indian Maritime Sector

The Ministry of Ports, Shipping, and Waterways is pushing to eliminate the 5% IGST on imported ships under the Indian flag to boost local tonnage. Domestic shipbuilders are concerned that this move could make imported ships more competitive, overshadowing locally-produced vessels. The Finance Ministry’s decision will impact the future of India’s maritime industry.

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Manu Bhaker Named Brand Ambassador for Ministry of Ports

The Ministry of Ports, Shipping, and Waterways appointed Olympic medalist Manu Bhaker as their brand ambassador, leveraging her shooting prowess and maritime background. Minister Sonowal hailed Bhaker’s role in promoting India’s marine sector, aiming for self-reliance by 2047. The event honored women like Lt. Commander Joshi for their contributions to nation-building.

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