New Delhi, March 19 -- The Union government is expected to introduce a subsidy scheme soon for installing turtle excluder devices (TEDs) in fishing nets.

This initiative aims to boost India's seafood industry, which suffered a significant setback when the US imposed a ban on wild-caught shrimp imports six years ago due to concerns over accidental turtle netting.

Sources within the seafood industry revealed on Tuesday (March 18) at a fisheries business meet organised by the Central Institute of Fisheries Technology (CIFT) that the Union ministry has strongly indicated support for the subsidy. The move is anticipated to encourage widespread adoption of TEDs among fishermen.

Under the scheme, the subsidy will be shared between the Union a...