While with adequate financial planning, you can achieve your long and short-term monetary goals easily but you might need to resort to a personal loan occasionally. An online personal loan comes in handy when you find yourself struggling with managing funds for a medical emergency, wedding, home renovation, paying off debts, higher education, and more. You can obtain an instant personal loan online from Clix Capital, one of the leading NBFCs in India.
Congratulations on your decision to take out a personal loan! Now that you've received your personal loan amount and started utilizing it for the purpose, let's know a thing or two about systematic financial planning to avoid landing in a pile of debt.
India's strategic location on the world's shipping routes with a vast coastline of approximately 7,517 km plays in their hands. As of 2021, India owns over 30% of the global share of the ship breaking industry. At present, India ranks as the 16th largest maritime nation globally, with its maritime sector accounting for 95% of the country's trade volume and 70% by monetary value.
India also launched a Maritime Vision 2030 under which they have identified over 150 initiatives to accelerate and develop India's diverse maritime sector even more. The Indian government also launched the Sagar Mala program in 2017 which aimed at developing Indian ports and growing logistics-intensive industries. To achieve this the GOI plans to invest $123 billion across 415 maritime projects.
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