YSR Matsyakara Bharosa Scheme

YSR Matsyakara Bharosa Scheme

• Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has recently released ₹123.52 crore under the YSR MatsyakaraBharosa scheme. This initiative aims to provide crucial financial assistance to fishermen and their families during the annual ban period on marine fishing.
• The YSR MatsyakaraBharosa scheme focuses on offering financial aid to fisherman families during the period of the annual ban on marine fishing. Each fisherman family receives ₹10,000 as a direct benefit, providing them with support during the ban period and ensuring a sustainable livelihood.

• The Andhra Pradesh government has taken significant steps to support fishermen and promote employment in the fishing industry. The construction of 10 fishing harbours and six fish landing centers of global standards, costing ₹3,767 crore, will provide essential infrastructure for the industry’s growth. Additionally, the government’s investment of around ₹16,000 crore in the construction of four ports over the past four years will enhance employment opportunities and facilitate cost-effective exports.

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Published date : 24 May 2023 05:50PM