Key Points
The government aims to strengthen the sector's foundation over the next five years for overall national growth.APRepresentational image of a seafood market..
New Delhi: Union Minister Rajiv Ranjan Singh on Wednesday said the government is focusing on increasing annual seafood exports to Rs 1 lakh crore from around Rs 60,000 crore last fiscal and will also take measures to strengthen the foundation of the fishery sector over the next five years..
However, Singh said the Prime Minister Narendra Modi-led government has taken various decisions since 2014 for the growth of this important sector, including the launch of the PMSSY scheme with an outlay of over Rs 20,000 crore...
Key initiatives include the Blue Revolution: Integrated Development and Management of Fisheries implemented from 2015-16 to 2019-20 with an investment of Rs 5,000 crore, the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a fund size of Rs 7,522.48 crore implemented since 2018-19, the PMMSY implemented for a period of five years (2020-21 to 2024-25) with an investment of Rs 20,050 crore and Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) with an investment plan of Rs 6,000 crore...
These programmes focus on enhancing production, productivity, improving quality, boosting exports, reducing post-harvest losses and fostering innovation & innovative technology infusion, entrepreneurship development, create livelihood and employment opportunities to fishers, fish farmers and other stakeholders and welfare of fishers, fish farmers, fish workers fish vendors, and other directly associated fisheries value chain...
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