CLAVE 1 / 4India allocates $152m to cover credit risks for shipbuilders under a $2.1bn development scheme.
CLAVE 2 / 4Two insurance products launched: one for overseas contracts, another for domestic projects.
CLAVE 3 / 4Government to subsidise premiums and support insurers on eligible claims.
CLAVE 4 / 4Initiative targets financial risks in multi-year vessel construction contracts.
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