Centre to launch 125-plus fisheries projects in Tamil Nadu on Friday

In a major boost to the fisheries sector, Union Minister Rajiv Ranjan Singh is slated to inaugurate more than 125 projects at the Fisheries Summer Meet to be held in Madurai, Tamil Nadu on Friday, according to ministry officials.

These initiatives, approved under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), represent a total investment exceeding Rs 100 crore.

The ministry officials said the diverse array of initiatives includes fish retail kiosks, shrimp hatcheries, brood banks, ornamental fish units, biofloc units, fish feed mills, and fish value-added enterprises.

PMMSY, a flagship programme of the Centre, aims to foster sustainable development in the fisheries sector. While details of specific financial assistance were not disclosed, the scheme is expected to significantly bolster local businesses and enhance the country's fisheries output.

The event will also see Singh distribute grants to 12 winners of the inaugural Fisheries Startup Grand Challenge, organised by the ...