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The Government of India has approved significant financial support for the Sri Sengazhaneeramman Fisherwomen Cooperative Society in Puducherry under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). This includes a ₹72 lakh subsidy for a Deep-Sea Fishing Vessel and an ₹88 lakh term loan from the National Cooperative Development Corporation (NCDC)
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The Government of India is advancing the fisheries sector through its flagship Pradhan Mantri Matsya Sampada Yojana (PMMSY) and the Fisheries and Aquaculture Infrastructure Development Fund (FIDF). The collaboration between the Ministry of Cooperation and the Department of Fisheries aims to enhance deep-sea fishing and the marine fisheries value chain.
Sustainable Fisheries
The Government of India has announced new rules for the sustainable harnessing of fisheries in the Exclusive Economic Zone (EEZ), aimed at empowering coastal livelihoods and promoting deep-sea fishing. The initiative prioritizes fishermen cooperatives, provides training and credit support, and aims to curb illegal fishing practices. A digital Access Pass
Deep-Sea Fishing
Union Home Minister Amit Shah will inaugurate state-of-the-art Deep-Sea Fishing Vessels at Mazagon Dock, Mumbai, marking a significant step towards modernizing India's marine fisheries sector. This initiative, under the Pradhan Mantri Matsya Sampada Yojna, aims to empower fisheries cooperatives, enhance deep-sea fishing capacity, and promote sustainable practices, contributing
Bottom-trawling
The Ministry of Fisheries, Animal Husbandry & Dairying has emphasized the need for alternatives to bottom-trawling in India. Coastal states and Union Territories are mandated to use Turtle Excluder Devices (TEDs) to protect marine turtles, with all nine coastal states amending their Marine Fishing Regulation Acts accordingly. The government has