PM Modi Announces Rs 20,050 Cr Scheme to Boost Production in Fisheries Sector
Prime Minister Narendra Modi launched Prime Minister Matsya Sampada Yojna (PMMSY), under Atmanirbhar Bharat Campaign, for the development of the fisheries sector. It is reported that Rs 20,050 crore has been allocated under PMMSY to boost production and increase exports. The PMO stated that this is the highest ever government investment made in the fisheries sector. The scheme aims at increasing the production by 70 tonnes, and raising a profit of Rs 1 lakh crore by 2025.