Union Budget 2026 Boosts India’s Maritime Sector and Inland Waterways

The Union Budget 2026, presented by Finance Minister Nirmala Sitharaman, emphasizes the development of India's maritime sector as a strategic enabler of trade competitiveness and logistics. One of the major announcements included a ₹10,000 crore Container Manufacturing Assistance Scheme aimed at establishing a competitive container manufacturing ecosystem in India. The scheme expects to create a significant number of jobs and reduce import dependency. The budget also proposes the development of 20 new National Waterways, expected to boost green logistics and the cost-effective cargo movement. Additionally, training institutes for skill development in waterways will be set up, aiming to support youth employment and capacity building within the sector.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link