NEW DELHI : The Centre is working towards making India the fifth-largest shipping nation in terms of shipbuilding and ship ownership by Amrit Kaal 2047, said Shri Sarbananda Sonowal, the Union Minister for Ports, Shipping and Waterways.Shipbuilding, as a mother industry, has immense potential to generate large-scale employment while strengthening the national economy. At the same time, growth must be sustainable, with protection of the marine environment and safe living conditions for future generations, he said.Creating Eco-SystemReferring to recent government initiatives, Sonowal said policies such as the Shipbuilding Financial Assistance Policy 2 . . .
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