Loss Prevention Advice
- Details
- News /
India passed a Bill to provide an effective legal instrument to combat maritime piracy. The Bill provides for stringent punishment to those convicted of such crimes.
Moving The Maritime Anti-Piracy Bill, External Affairs Minister S Jaishankar said that “ensuring maritime security is key to safeguarding India’s security and economic well-being.”
As he explained, the security of sea lanes of communication is critical as more than 90% of India’s trade takes place by sea routes and more than 80% of the country’s hydrocarbon requirements was sea-borne.
The Bill also addresses the issue of death penalty as an “exceptional case” and the quantum of punishments envisaged are in line with the gravity of offences.