Tag: Bharat Maritime Insurance Pool

FILE PHOTO: Birds fly near the Jag Vasant vessel transferring LPG at a port after transiting the Strait of Hormuz amid supply disruptions linked to the U.S-Israeli conflict with Iran (REUTERS)
Posted in Business

Govt okays ₹12,980-crore maritime insurance pool| Business News

The Union Cabinet meeting, chaired by Prime Minister Narendra Modi, on Saturday approved the creation of a sovereign guarantee-backed maritime insurance pool, Bharat Maritime Insurance…

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Posted in Economy

Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs

New Delhi: The Union cabinet on Saturday approved setting up a Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of ₹12,980 crore to ensure…

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