India, Aug. 19 -- 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 crore.
The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying has developed and made operational the National Fisheries Digital Platform (NFDP) under PM-MKSSY on 11.09.2024. The NFDP aims at formalization of the Indian fisheries and aquaculture sector through creation of work-based digital identities and the database for all stakeholders in fisheries sector. It also serves as 'one-stop' solution for access to institutional credit, strengthening of fisheries co-operatives, incentivizing aquiculture insurance, performance-based incentives, fisheries' traceability systems and training and capacity building.
The PM-MKSSY under its component 1-B provides for one-time incentive for purchase of aquaculture insurance by the farmers. The one-time incentive for aquaculture insurance is provided at the rate of 40% of the premium paid with a ceiling up to rs 25,000 per hectare, limiting rs 1 lakh per farmer for farms upto 4 hectares Water Spread Area (WSA). For the intensive aquaculture system including intensive systems like cage culture, RAS, bio-floc, and raceways etc. incentive for aquaculture insurance is provided at the rate of 40% of the premium paid with a ceiling up to rs 1 lakh per farmer for 1800 m3 for intensive aquaculture systems. Further, the SC/ST and women beneficiaries get an additional 10% of incentive. As on date, 684 lead applications have been received on the NFDP including 58 from Uttar Pradesh and the same have been forwarded to the insurance companies on the portal. Further, a total of 29 aquaculture farmers have applied for one-time incentive under PM-MKSSY on NFDP and 8 aquaculture farmers have availed the benefit of one-time incentive. The State and District-wise details alongwith the premium amount are furnished at Annexure-I. A total of 85 awareness camps has been conducted and the state-wise details are furnished at Annexure-II.
Annexure-I
State-wise and District-wise details of the One-Time Incentive applications received
The rest of the document can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2157846
Disclaimer: Curated by HT Syndication.
