Centre allows one year relaxation to ship builders getting benefits under financial assistance policy - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Centre allows one year relaxation to ship builders getting benefits under financial assistance policy

This is being done in view of the spread of COVID variants that has affected the global supply chain system. The Centre has approved financial assistance for 47 vessels amounting to Rs 155 crore under the Shipbuilding Financial Assistance Policy (SBFA). The total contract value of these ships stands at Rs 850 crore.

from Industry-Economic Times
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