• ●International Financial Services Centres Authority (IFSCA): unified regulator of financial products, services and institutions in India's IFSC; established 27 April 2020 under the IFSCA Act, 2019; headquartered at GIFT City, Gandhinagar; chairperson K. Rajaraman.
• ●GIFT City (Gujarat International Finance Tec-City), on the Sabarmati near Gandhinagar, hosts India's first IFSC; the company GIFTCL was incorporated in 2007 and the IFSC dates from 2015.
• ●Ship leasing at the IFSC: 38 registered lessors, 43 vessels leased, capacity past 2.99 million DWT, 24 vessels under the Indian flag; 41 domestic and foreign banks in the IFSC have lent about USD 60.1 million to ship leasing entities.
• ●Money on the table: Rs 25,000 crore Maritime Development Fund, expected to catalyse up to Rs 1.5 lakh crore of investment by 2030, and the Shipbuilding Financial Assistance Scheme (SBFAS) 2.0 with a revised outlay of Rs 24,736 crore extended to 2036.
• ●Maritime India Vision 2030 (launched 2021, 150 initiatives across 10 themes) and Maritime Amrit Kaal Vision 2047 (launched 2023, 300-plus action points across 11 themes) are the sector's roadmaps under the Ministry of Ports, Shipping and Waterways.
• ●Tonnage tax: a presumptive levy on a ship's net tonnage rather than actual profits, introduced by the Finance (No. 2) Act, 2004 as Chapter XII-G (sections 115V-115VZC) of the Income-tax Act, 1961, and extended to inland vessels registered under the Inland Vessels Act, 2021 from assessment year 2026-27.
• ●The Merchant Shipping Act, 2025 replaced the Merchant Shipping Act, 1958 and renamed the Directorate General of Shipping as the Directorate General of Maritime Administration (DGMA), whose first regional office is opening at GIFT City; the Coastal Shipping Act, 2025 exempts foreign vessels taken on charter from licensing.
• ●India is the world's largest ship recycling nation, its share of global tonnage recycled rising from 30.1% in 2024 to 35.4% in 2025.

The Rs 25,000 crore fund set up to catalyse investment of up to Rs 1.5 lakh crore in India's maritime sector by 2030 is known as the: