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Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!Four bills related to the shipping sector were listed during the winter session of Parliament.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️Earn fast with just ₹500. Enjoy consistent returns and grow your money month by month!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️Invest ₹500 and let AI make your money grow at an impressive rate every month.The proposed legislation is part of a wider attempt to fix the problem.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️Start with ₹500 and see the power of compound growth. Enjoy fast and secure returns!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.The non-mechanised vessels fall under the Coasting Vessels Act, 1838.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!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.
Investment in cryptocurrency wealth path ✌️【Work Experience】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!Additionally, the bill introduces provisions for the compounding of various offences, streamlining regulatory compliance and enhancing the ease of doing business.Investment in cryptocurrency wealth path Stock Market: Low Risk, High Return Strategy