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Monthly Summary for the month of April 2026

Ministry of Ports, Shipping and Waterways (MoPSW)4 Jan 2024fetched 16/8/2026, 9:25:22 am

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Date: issued 04.01.2024. Ministry of Ports, Shipping and Waterways Monthly Summary for the month of April 2026 1. Bharat Maritime Insurance Pool (BMI Pool): Union Cabinet has approved the creation of a domestic maritime insurance pool with a sovereign guarantee of ₹12,980 crore. This is aimed at insulating India’s maritime trade from global volatility. The move is expected to significantly reduce dependence on foreign und (Extractive summary — verify with official source.)

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