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zeniq blockchain ✌️【Stock Market】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!Four bills related to the shipping sector were listed during the winter session of Parliament.

zeniq blockchain ✌️【Stock Market】✌️Achieve up to 100% returns with ₹500. Start investing now for a brighter financial future!These bills mark a significant step forward in the development ofIndia’s shipping sector — crucial not only for economic growth but also for national security.Discussions about this sector often focus on thelogisticsand efficiency of ports, which are undeniably important — but ships are equally vital.

India unfortunately lags behind in all the areas of shipping — ownership, shipbuilding, and flagging.

India owns just 1,526 ships, with a total gross tonnage capacity of around 13 million.

zeniq blockchain ✌️【Stock Market】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!Of these, 487 vessels are engaged in overseas trade.

India is at the 18th position with 1.2% of the global shipping capacity.

Further, only 0.77% of the world’s ships are registered under the Indian flag.

zeniq blockchain ✌️【Stock Market】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!Additionally, India has an almost negligible presence in shipbuilding, with only 0.07% of the globalmarketshare.

China dominates theindustrywith 46.6% of shipbuilding measured by gross tonnage, followed by South Korea at 29.2%, and Japan at 17.2%.Not only does the lack of ships annually cost India $90 billion in shipping related payments, but it is also a big security risk.

zeniq blockchain ✌️【Stock Market】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!The proposed legislation is part of a wider attempt to fix the problem.

zeniq blockchain ✌️【Stock Market】✌️Start small, grow big. Invest ₹500 and enjoy high returns every month!The first bill is the Coastal Shipping Bill, 2024.

It seeks to create a comprehensive regulatory framework for coastal trade, an area that has so far lacked cohesive legislation.

Currently, mechanised vessels involved in coastal shipping are partly governed by Part XIV of the Merchant Shipping Act, 1958.

zeniq blockchain ✌️【Stock Market】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.The non-mechanised vessels fall under the Coasting Vessels Act, 1838.

zeniq blockchain ✌️【Stock Market】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!These address only their registration and do not provide a broader regulatory framework.To promote coastal shipping, the new legislation removes the requirement for Indian-flagged vessels to obtain a general trading licence for engaging in coastal trade.

It also empowers the Director-General to issue licences to foreign-flagged vessels, considering factors such as the crew’s nationality, the vessel’s construction specifications, and other relevant criteria.

zeniq blockchain ✌️【Stock Market】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!A key feature of the bill is the proposal to establish a national database for coastal shipping, aimed at ensuring transparency in the licensing process.

zeniq blockchain ✌️【Stock Market】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!Additionally, the bill introduces provisions for the compounding of various offences, streamlining regulatory compliance and enhancing the ease of doing business.zeniq blockchain ✌️【Stock Market】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.