Current Affairs: 22nd July

Union Cabinet has approved the incorporation of Sagarmala Development Company (SDC) to push forward port-led economic development under ambitious Sagarmala project. SDC shall be incorporated under Company Act, 2013 with initial authorized capital of 1,000 Cr Rupees and subscribed share capital of 90 Cr Rupees. Sagarmala Project: Project to modernize India’s Ports so that port-led …

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