{"data": {"schema": "publicfeed.update.v1", "id": "PIB-2322942", "url": "https://publicfeed.in/orders/PIB-2322942", "headline": "Government launches shipbuilding insurance and sets 2027 deadline for port reforms", "summary": "The Ministry of Ports, Shipping and Waterways announced on 13 October 2026 that the 21st Maritime State Development Council meeting in Mumbai has set new targets for maritime growth. The government launched two credit risk insurance products, the Shipbuilding Project Credit Risk Insurance Policy for export projects and the Business Credit Shield Policy–Shipbuilders for domestic projects, to protect shipyards from payment delays. Additionally, the One Nation One Port Process (ONOP) reforms and integration with the Maritime Single Window must be implemented across all ports by March 2027. States and Union Territories have been instructed to notify subordinate rules under the Indian Ports Act, 2025 within three months.", "key_points": ["By March 2027: All ports must implement ONOP reforms and integrate with the Maritime Single Window.", "New insurance policies (SbPCP and BCSPS) launched to reduce financial stress for shipbuilders.", "Within 3 months: States and UTs must notify subordinate rules under Section 77 of the Indian Ports Act, 2025.", "Mandated electronic publication of port tariffs to increase transparency.", "States urged to develop port-linked industrial regions with plug-and-play infrastructure."], "issued_date": "2026-10-13", "listing_date": "2026-10-13", "document": {"form": "Press release", "number": "2322942", "type": "Press release", "legal_character": "informational_communication", "functions": ["announces", "directs_procedure"], "cites": ["Indian Ports Act, 2025"]}, "issuer": "Ministry of Ports, Shipping and Waterways", "department": "Ministry of Ports, Shipping and Waterways", "source": {"key": "pib", "name": "Press Information Bureau", "site": "pib.gov.in", "official_url": "https://www.pib.gov.in/PressReleseDetail.aspx?PRID=2322942"}, "topics": ["maritime", "shipbuilding", "ports", "insurance"], "reader_topics": ["Government services"], "intent": "updates", "states": ["ap", "ga", "gj", "ka", "kl", "mh", "or", "py", "tn", "wb"], "national": false, "places": ["India"], "applies_to": ["all ports", "shipbuilders"], "dates": [{"kind": "deadline", "date": "2027-03-01", "wording": "by March 2027", "what": "implementation of ONOP reforms and integration with Maritime Single Window", "counts_from": null}, {"kind": "deadline", "date": null, "wording": "within three months", "what": "notification of subordinate rules under Section 77 of the Act", "counts_from": "2026-10-13"}, {"kind": "event", "date": "2026-10-13", "wording": "today", "what": "21st Maritime State Development Council meeting", "counts_from": null}], "revision": "ceebe8b6bfad792d", "recorded_at": "2026-10-13T14:52:10.087807+00:00", "provenance": {"method": "ai_summary", "automated_check": "pass", "human_review": "pending"}}, "meta": {"schema": "publicfeed.update.v1", "count": 1, "next": null, "plan": "free", "feed_updated_at": "2026-10-23T22:47:30.326756+00:00", "generated_at": "2026-10-23T23:20:18+00:00"}, "attribution": "Data: PublicFeed (https://publicfeed.in), summarising official documents linked in each record. Summaries are AI-generated and not legal advice; the official original is the authority.", "license": "https://publicfeed.in/terms#data-licence"}