Matsya Sampada Yojana

Matsya Sampada Yojana was announced by the government in Financial Budget 2019-20. The Government aims to promote aquaculture to benefit all fishermen with social security and to expand the coverage for accident insurance.

  • A Central Government scheme, it seeks to turn India into a hotspot for fish and aquatic products through appropriate policy for marketing and infrastructure aids.
  • The government, through this scheme, aims to bring all the fishermen under the domain of farmer welfare programs and social security schemes.
  • The new scheme was introduced under the newly formed Department of Fisheries that was announced during the interim ....
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