PM Modi launched the Rs 20,050 crore scheme for fisheries in an effort to double revenue in farm sector
New Delhi:
Prime Minister Narendra Modi immediately launched Rs 20,050 crore Pradhan Mantri Matsya Sampada Yojana (PMMSY) to spice up manufacturing and exports within the fisheries sector as a part of the federal government’s purpose to double farmers’ revenue.
By way of video convention, the Prime Minister additionally launched a number of different initiatives within the fisheries and animal husbandry sectors in Bihar, a state which is heading for the meeting polls in October-November.
PM Modi additionally launched a cellular app e-Gopala that can present options to farmers on livestock associated points and inaugurated semen station with state-of-the-art services in Purnea with an funding of Rs 84.27 crore on 75 acres of land made out there by the Bihar authorities.
After the launch, the Prime Minister interacted with farmers specializing in the livestock and fisheries sector.
The PMMSY is a flagship scheme for centered and sustainable improvement of fisheries sector within the nation with an estimated funding of Rs 20,050 crore for its implementation throughout 2020-21 to 2024-25 as a part of Aatmanirbhar Bharat bundle.
The funding of Rs 20,050 crore beneath PMMSY is the best ever within the fisheries sector, the PMO mentioned on Wednesday.
Out of this, an funding of about Rs 12,340 crore is proposed for beneficiary-oriented actions in marine, inland fisheries and aquaculture and about Rs 7,710 crore funding for fisheries infrastructure.
The PMMSY goals at enhancing fish manufacturing by an extra 70 lakh tonne by 2024-25, growing fisheries export earnings to Rs 1 lakh crore by 2024-25.
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)
