Committee to Examine Global Best Practices in Ship Financing & Leasing
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Rationale
- Data from the Ministry of Shipping suggests that 95 per cent of India’s trading by volume and 70 per cent by value is done via maritime transport.
- In spite of significant exposure to Shipping, India is yet to develop as an international shipping hub.
Terms of Reference
- To examine global practices in Ship financing and leasing and identify opportunities for the IFSC.
- To examine the existing legal and regulatory framework and conduct a 360-degree review of all the applicable laws ....
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