About Merchant Navy_____
The Merchant navy mainly deals with transporting cargo occasionally passengers by sea. It has different fleets composed of passenger vessels, Cargo liners, Oil & chemical Tanker, Bulk carriers, Containers as well as the other special types of vessals.
Merchant Navy is the backbone of International Trade, carrying cargo across the globe for Import & Export business. Merchant Navy Is known for transportation. Plus point of Merchant Navy is paid highest salary. The interesting fact is that there is no Income Tax return imposed on the earning of a Merchant navy professional. You can save the total salary since all your expenses is provide by the shipping companies..
The worldwide population of seafarers serving on Internationally trading merchant ships is estimated to be in the order of 466,000 officers & 721,000 Jr rank in different types of this field.
Today India rank is 15th in the World.
India currently supplies around 12.8% of officers & Engineers to the world seafarers community and around 14.5% of Jr.level workforce to the world seafaring community.
This is one of the highest ratio of any other country.Read More