In a significant move, the Cabinet has given its nod to a Rs 6,000-crore fishery scheme aimed at revitalizing and strengthening the fisheries sector in India.
Objective of the Scheme
The approved scheme is designed with the primary objective of fostering growth and sustainability in the fisheries industry. With a financial allocation of Rs 6,000 crore, it is expected to bring about a substantial positive impact on the sector.
Boosting Fisheries Sector
This decision is part of the government’s larger strategy to enhance the fisheries sector, recognizing its economic importance and potential for employment generation. The infusion of funds is set to boost infrastructure, modernize practices, and provide support to fishermen and related communities.
Empowering Coastal Communities
Coastal communities, heavily reliant on fisheries, are expected to witness a positive transformation. The scheme’s emphasis on modernizing fishing techniques and infrastructure is anticipated to enhance the overall productivity of coastal regions.
Sustainable Fishing Practices
In alignment with the government’s commitment to environmental sustainability, the scheme places a strong focus on promoting eco-friendly and sustainable fishing practices. This includes measures to prevent overfishing and protect marine ecosystems.
The approval of this fisheries scheme aligns with the government’s broader vision of promoting economic growth, creating employment opportunities, and ensuring sustainable development across various sectors, including fisheries.
The Cabinet’s green signal to the Rs 6,000-crore fishery scheme marks a significant step towards fortifying the fisheries sector in India. This strategic initiative is poised to bring about positive changes, empowering fishermen, boosting coastal economies, and fostering sustainable practices in the crucial domain of fisheries.
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