{"id":100421,"date":"2023-02-01T15:53:59","date_gmt":"2023-02-01T10:23:59","guid":{"rendered":"https:\/\/www.icsf.net\/?post_type=newss&p=100421"},"modified":"2023-02-01T15:56:19","modified_gmt":"2023-02-01T10:26:19","slug":"india-budget-2023-key-highlights-on-fisheries","status":"publish","type":"newss","link":"https:\/\/www.icsf.net\/newss\/india-budget-2023-key-highlights-on-fisheries\/","title":{"rendered":"India Budget 2023-2024: Key highlights on fisheries"},"content":{"rendered":"

The Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of ` 6,000 crore to further enable activities of fishermen, fish vendors, and micro & small enterprises, improve value chain efficiencies, and expand the market. The government will also facilitate setting up of a large number of multipurpose cooperative societies, primary fishery societies and dairy cooperative societies in uncovered panchayats and villages in the next 5 years. https:\/\/www.indiabudget.gov.in\/doc\/bh1.pdf<\/a><\/p>\n

Budget allocation for the Department of Fisheries during 2022-23 has increased from Rs. 1220.84 crore (BE) in the year 2021-22 to Rs. 2118.47 crore (BE) in 2022-23 which is 73.52%. The Govt had also extended the concessional institutional credit availed through Kisan Credit Cards at 4% interest per annum to animal husbandry and fisheries sector as well in order to help them meet their capital needs. https:\/\/www.indiabudget.gov.in\/doc\/eb\/sbe43.pdf<\/a><\/p>\n

In May 2020, as a part of the Aatmanirbhar Bharat (ANB) package, the Government of India launched its flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY), with a total outlay of \u20b920,050 crore. PMMSY marks the highest-ever investment in the fisheries sector in India, to be implemented over five years from FY21 to FY25 in all States\/Union Territories to drive sustainable and responsible development of the fisheries sector while ensuring socio-economic development of the fishers, fish farmers and fish workers. Before this, attention had been paid to addressing infrastructure gaps in the fisheries sector. A dedicated Fisheries and Aquaculture Infrastructure Development Fund (FIDF) was established for five years, from 2018-19 to 2022-23, with an investment of \u20b97,522 crore. Under the FIDF, as of 17 October 2022, proposals to the tune of \u20b94,923.9 crore have been approved and have benefitted over 9.4 lakh persons, through direct and indirect employment, in fishing and allied activities.<\/p>\n

The Economic Survey is a flagship annual document which reviews the state of the Indian economy. The survey is tabled in Parliament a day before the presentation of the budget.The Economic Survey was prepared by the Economic Division of the Department of Economic Affairs in the Finance Ministry and it is available at: https:\/\/www.indiabudget.gov.in\/economicsurvey\/doc\/echapter.pdf<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[178],"tags":[],"region":[],"source":[1751],"country":[1949],"state":[],"city":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/newss\/100421"}],"collection":[{"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/newss"}],"about":[{"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/types\/newss"}],"author":[{"embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":4,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/newss\/100421\/revisions"}],"predecessor-version":[{"id":100439,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/newss\/100421\/revisions\/100439"}],"wp:attachment":[{"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/media?parent=100421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/categories?post=100421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/tags?post=100421"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/region?post=100421"},{"taxonomy":"source","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/source?post=100421"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/country?post=100421"},{"taxonomy":"state","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/state?post=100421"},{"taxonomy":"city","embeddable":true,"href":"https:\/\/www.icsf.net\/wp-json\/wp\/v2\/city?post=100421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}