115 India plans to offer cash subsidies, lower taxes and other incentives to bolster its shipbuilding industry, two government sources said, as part of an effort to reduce the pain of high freight rates for the nation’s manufacturers. The plans include subsidies so that at least 50 new vessels can be built, as well as granting “infrastructure status” to the industry which would help with financing from banks, said the government officials. You Might Be Interested In Donald Trump Calls Off Press Conference, Will Present 'Irrefutable' Evidence Of Vote Fraud During Infrastructure Week Entry visa exemption for some segments of Omanis travelling to South Korea Selangor govt’s initiative to help youth, asnaf was key in reducing unemployment, says state exco Foreign video games were approved in China for the first time since crackdown New DAB chairman to remain in Exco Indian Government Takes Swift Action to Ensure Safety of Nationals in Crisis-Torn Sudan
