Coastal Shipping Bill, 2024
The Coastal Shipping Bill, 2024, introduced by Union Minister Sarbananda Sonowal, aims to promote coastal trade by banning unlicensed foreign vessels, simplifying regulations, and enhancing job opportunities for Indian seafarers. Key features include establishing a National Database for coastal shipping to improve transparency, streamlining licensing with fair procedures, and addressing regulatory inconsistencies in maritime laws. By leveraging India’s extensive coastline and proximity to global shipping routes, the Bill seeks to boost the domestic shipping industry. Modernizing laws like the Coasting Vessel Act of 1838 and the Merchant Shipping Act of 1958, it aims to strengthen India's maritime sector while ensuring national security and economic growth.
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