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- The initiatives are the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS).
- Together, they carry a massive ₹44,700 crore outlay, valid till March 31, 2036, extendable to 2047.
- SBFAS: Provides 15–25% financial aid per vessel, with graded support for small, large, and specialised ships.
- SbDS: Focuses on infrastructure, R&D, and risk coverage framework to strengthen shipyards.
- Aim: Enhance domestic shipbuilding capacity, improve global competitiveness, and support Make in India & Viksit Bharat 2047.
Question:
Q.1 What is the total financial outlay of the Shipbuilding Financial Assistance Scheme (SBFAS) and Shipbuilding Development Scheme (SbDS) combined?a) ₹12,000 crore
b) ₹25,000 crore
c) ₹44,700 crore
d) ₹60,000 crore
Answer: c) Both schemes together carry a ₹44,700 crore outlay, making this one of the largest sector-specific industrial support packages in recent years.