India, April 2 -- The Government of India issued the following news release:
The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay of rs 6000. As of now, an amount of Rs. 11.84 crore has been sanctioned under the PM-MKSSY.
The Component 1-B of PM-MKSSY provides onetime incentive to the aquaculture farmers against purchase of insurance with farm size upto 4 hectares of water spread area. The 'onetime incentive' is provided at the rate of 40% of the cost of ...