Kerala Chief Minister Pinarayi Vijayan has requested the Centre to remove a financial condition imposed on the Viability Gap Funding (VGF) for the Vizhinjam International Seaport project. The condition requires Kerala to repay an amount equivalent to the VGF amount through revenue sharing. The project is crucial for the state's economy, contributing to Customs duties and generating significant revenue for …
THIRUVANANTHAPURAM : In a significant development, the Vizhinjam International Seaport received customs clearance to operate as an international seaport. With the customs nod under Section 7A, Vizhinjam will have major chances to become an international transshipment hub, said Ports Minister V N Vasavan. The customs issued its nod to Vizhinjam Port after it completed the requirements set by the Union …
