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16Aug 2024
SUBSIDIES FOR GOODS MOVEMENT VIA INLAND WATERWAYS IN WORKS
Why in the news? The Indian government intends to provide subsidies, providing a maximum 35% reduction on the invoice value for the transportation of commodities, to encourage the flow of goods across inland waterways. Key Details Subsidy Scheme: To encourage freight transportation on National Waterways 1, 2, and 16, which traverse large portions of Uttar …
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