Rs 255 cr Fisheries Projects Unveiled at Coastal States Meet

By By Rediff Money Desk, New Delhi
Apr 26, 2025 14:37
Union Minister Rajiv Ranjan Singh to inaugurate Rs 255.30 crore fisheries projects under PMMSY at coastal states meet in Mumbai on Apr 28.
New Delhi, Apr 26 (PTI) Union Minister Rajiv Ranjan Singh will on Monday inaugurate and lay the foundation for key projects for seven coastal states and union territories with a total outlay of Rs 255.30 crore under Pradhan Mantri Matsya Sampada Yojana (PMMSY).

The minister, at the coastal states meet to be held in Mumbai, will also launch a set of key initiatives aimed at strengthening marine fisheries and promoting sustainable practices including Marine Fisheries Census Operations, Turtle Excluder Device (TED) project and release of Standard Operating Procedure for Vessel Communication and Support System.

Ministers of State for Fisheries and Animal Husbandry S P Singh Baghel and George Kurian will be present at the event.

According to an official statement, certificates will also be distributed to outstanding cooperatives, fishery farmers' producer organisations, fisheries startups, and climate-resilient coastal fishing villages.

As part of Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PMMKSSY), beneficiaries will also receive Aqua Insurance certificates and Kisan Credit Cards.

Notably, the government has introduced Aqua Insurance for the first time, offering dedicated financial protection to aquafarmers. This landmark initiative ensures targeted insurance coverage, digital accessibility, and focused support for marginalized communities in the fisheries sector.

Fisheries Minister from Maharashtra, Gujarat, Goa, Karnataka, Andhra Pradesh, Odisha and Puducherry will be present besides state government officials.

This meet serves as a vital platform for addressing region-specific challenges, promoting modern, eco-friendly approaches tailored to coastal ecosystems, and enhancing livelihood opportunities, productivity, and long-term economic development in the fisheries sector.
Source: PTI
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fisheriespradhan mantri matsya sampada yojanapmmsycoastal states meetmumbai
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