Government Greenlights Sub-Scheme for PM Matsya Kisan Samridhi Yojana :
The Union Cabinet has endorsed the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, a sub-scheme aimed at enhancing the fisheries sector
During a press briefing in New Delhi, Union Minister Anurag Singh Thakur announced a 4-year allocation of 6000 crore rupees.
Thakur highlighted that half of the funds would be sourced from public finance, including international entities like the World Bank and the AFD.
The scheme aims to formalize the fisheries sector, bolstering access to institutional credit for 6.4 lakh micro-enterprises and 5,500 fisheries cooperatives