Rs 10,000-cr package for shipping industry likely

The Centre is considering a Rs 10,000-crore package for the shipping industry to help it tide over the global economic crisis, a senior government official said.

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"We know that the shipping industry in the country is facing difficulties. We are actively considering a package of Rs 10,000-crore to help the industry," Shipping Joint Director-General C B S Venkataramana told reporters here.

He was speaking at a seminar on logistics park organised by industry body CII here on Friday.