New Delhi - The government has removed the financial assistance upper limit of ₹40 crore for building a non-specialised ship and has retained the quantum of aid at 14 per cent for the final year of the scheme that ends in March 2026 after a ten-year run.

Under the Ship Building Financial Assistance scheme that started from April 1, 2016, the quantum of aid is reduced by three percentage points every three years, starting with 20 per cent during the first three years, 17 per cent for the next three years, 14 per cent for the . . .