Budget aims to position India as a global leader in maritime innovation: Minister Sonowal
maritime innovation, sustainability and economic growth. Shipping reforms are expected to generate significant employment opportunities and strengthen India’s maritime capabilities
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Sonowal said, “The Union Budget, 2024 lays the roadmap for renewed and holistic growth towards Viksit Bharat. This visionary budget is aimed at empowering the ‘Garib’ (poor), ‘Mahilayen’ (women), ‘Yuva’ (youth) and ‘Annadata’ (farmers) so that the process of development reaches every citizen of the country. The uniquely crafted four themes along with nine priorities of this budget will benefit all sections of society. I extend my gratitude to the Prime Minister of India, Narendra Modi ji as well as to the Finance Minister Nirmala Sitharaman ji for presenting this visionary document — placing a huge emphasis on employment, skill development, MSMEs, Agriculture & investment led economic development & inclusive growth.”
Sonowal said, “The budget will significantly enhance India’s shipping, cruise, shipbuilding and ship repair industry, leading to huge job creation, boost to exports and contributing handsomely to the economic growth of the country. Under the visionary leadership of PM Narendra Modi ji, we are moving full steam ahead to elevate India’s stature as a global maritime powerhouse. The Budget 2024-25 aims to position India as a global leader in maritime innovation, sustainability and economic growth. Shipping reforms are expected to generate significant employment opportunities and strengthen India’s maritime capabilities. Ownership, leasing and flagging reforms will be implemented to
