Day 1
Agriculture & FoodSkim2025-04-20
First Fund Sanction for PM-MKSSY Fisheries Sub-Scheme
What Happened
On April 20, 2025, the Department of Fisheries sanctioned ₹11.84 crore to initiate the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a central sub-scheme under PMMSY. The scheme focuses on establishing a National Fisheries Digital Platform (NFDP) to register and formalize the unorganized fisheries sector.
Why It Matters
By formalizing the sector, this initiative bridges critical gaps in institutional credit and provides structured economic support to India's marginalized fisherfolk.
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