Government boosts deep-sea fishing and Blue Economy initiatives
pre-market1 source ↓written by the desknot a recommendation
- investment
- ₹20,050 cr
The Ministry of Cooperation is enhancing small-scale fishermen's participation in deep-sea fishing through a ₹20,050 cr investment under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). This initiative aims to empower traditional fishers by providing financial support for acquiring and upgrading fishing vessels for export. The collaboration with the Department of Fisheries is expected to bolster the fishing value chain and processing capabilities.
Not investment advice. For informational purposes only.