Indian Maritime Development Can Create 10 Million Jobs
Indian minister for shipping Nitin Gadkari has said port and shipping sector has potential to create nearly 4 million direct jobs and 6 million indirect employment opportunities over the next 5 years. Gadkari said "all the developed countries have a vibrant port sector, but unfortunately, our maritime sector remained neglected over the years, despite having immense potential." Recalling Prime Minister Mr. Narendra Modi’s thrust on port led development, Mr Gadkari said his Ministry has drawn up projects with investment potential of Rs 1,20,000 crores, (US $ 18
Tax Relief for Indian Seafarers
on Indian vessels with those on foreign flagged vessel and have now finally found success. NUSI informed that the Government has accepted thier demand for Income Tax relief to Indian seafarers working on Indian flag ships. The announcement came following the meeting last week between Nitin Gadkari, Hon’ble Minister for Road Transport, Highways and Shipping in New Delhi and Abdulgani Y. Serang, General Secretary of NUSi, Shantaram Dhamapurkar, Organising Secretary of the NUSI and S.S. Khan, General Secretary of the Maritime Union of India (MUI). Abdulgani Y. Serang stated, "
