Sarbananda Sonowal hails PM Modi for ‘Bharat Maritime Insurance Pool’ to bolster India’s shipping Industry against Global Volatility April 20, 2026 Maritime, Global Trade, Ports, Shipping, Trade, Trending News NEW DELHI : In a major policy intervention by the Narendra Modi Government, the Union Cabinet has approved the creation of a domestic maritime insurance pool with a sovereign guarantee of Rs 12,980 crore.