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Boosting India’s Fishing Industry: A ₹38,000 Crore Investment in Infrastructure

The Indian government has made a significant investment in the fisheries sector, allocating a whopping ₹38,000 crore for infrastructure development over the past decade. This commitment to the industry’s growth was announced by Dr. L Murugan, the Minister of State for Fisheries, Animal Husbandry, and Dairying, in a statement to the media outside the Parliament on Friday.

Pradhan Mantri Matsya Sampada Yojana Spearheading Growth

A major chunk of this investment, amounting to ₹20,000 crore, has been directed towards the implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY). This flagship scheme aims to modernize and upgrade the fisheries infrastructure across the country, with a focus on areas like harbor construction, cold chain facilities, and processing units.

Technology Meets Tradition: ISRO Supports Fishermen

Recognizing the vital role of technology in enhancing efficiency and productivity, the government has also partnered with the Indian Space Research Organisation (ISRO). ISRO provides satellite communication and transponder communication services to fishermen venturing into deep-sea fishing.

This cutting-edge technology equips fishermen with real-time data on optimal fishing zones, allowing them to target their catches more effectively and minimize wastage. By bridging the gap between traditional practices and advanced technology, the government is empowering fishermen and creating a more sustainable fishing industry.

A Multifaceted Approach for a Flourishing Future

Dr. Murugan emphasized the government’s multifaceted approach to revitalizing the fisheries sector. Combining financial support with technological advancements, the government aims to not only improve the livelihoods of fishermen but also contribute to the overall economic growth of the country.

With a sustained focus on infrastructure development and technological integration, India’s fisheries sector is poised for a bright future. By harnessing the potential of both tradition and innovation, the government is paving the way for a thriving industry that benefits both fishermen and consumers alike.

This is a welcome development for the Indian fisheries sector, which has the potential to be a major driver of economic growth and food security. The government’s commitment to providing financial support and technological assistance is sure to benefit fishermen and contribute to the overall development of the industry.

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