Mumbai, April 29 -- Maharashtra Chief Minister Devendra Fadnavis on Tuesday said that the Cabinet has approved a new policy of shipbuilding, shipbreaking, and ship repair, which will help boost the economy and generate employment.

"The cabinet has approved a new policy of shipbuilding, shipbreaking, and ship repair in Maharashtra. It will help create a new ecosystem of shipbuilding, ship recycling, and ship repair in the state...India has good potential in this sector. It will help boost the economy and generate employment," CM Fadnavis told the media.

Further, the Maharashtra CM said that the cabinet has also decided to help those from the state who were killed in the Pahalgam attack on April 22.

"Today, the cabinet made a decision to...