Govt clears ₹12,980 crore-backed maritime insurance pool to shield Indian shipping from global risks
The government said the initiative will reduce India’s dependence on foreign insurers and strengthen the country’s strategic ...
The move comes against a backdrop of rising global volatility and geopolitical instability that have increased risks for ...
If you think basic coverage is enough, think again. Causing a car accident can be financially devastating, especially if you ...
Union Minister Ashwini Vaishnaw said the pool would provide affordable insurance for ships carrying cargo to and from Indian ...
The Union Cabinet has approved the Bharat Maritime Insurance Pool with a sovereign guarantee of Rs 12,980 crore to ensure ...
The PM Modi-led Union Cabinet on Saturday approved the creation of a Sovereign Maritime Fund (BMI pool) to provide Rs 12,980 ...
The pool would cover all maritime risks like Hull and Machinery, Cargo, P&I and War risk, a statement by the cabinet said ...
Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid rising global risks. The move aims to safeguard trade ...
The Rs 12,980 crore project will cover all maritime risks like hull and machinery, cargo, P&I and war risk. A governing body ...
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Cabinet clears Rs 12,980 cr BMI pool
India, April 19 -- In a significant decision, the Union Cabinet on Saturday approved the creation of the 'Bharat Maritime Insurance Pool' (BMI pool) with a Rs 12,980 crore sovereign guarantee to ...
Union Cabinet of India approved the ₹12,980 crore “Bharat Maritime Insurance Pool” to provide domestic marine insurance cover ...
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