The Agriculture and Farmers’ Welfare Minister Radha Mohan Singh has notified the “National Policy on Marine Fisheries, 2017”, which will guide the development of marine fisheries sector for the next 10 years. It was announced at the inter-session meeting of the consultative committee of the Ministry of Agriculture and Farmers’ Welfare on “Marine Fisheries-Mariculture in India” in Rameswaram, Tamil Nadu.
The government has also included a sub-component namely, ‘Assistance for Deep-Sea Fishing’ under ‘Blue-Revolution’. Under this scheme, traditional fishermen, their associations/organizations or self-help groups are provided with central financial assistance upto 50% of the cost of the vessels i.e. Rs 40 lakh for ‘Deep-Sea Fishing Vessels’.
Source- Press Information Bureau (PIB)