HomeNewsKerala NewsDeep sea fishing; Center announces aid to Kerala

Deep sea fishing; Center announces aid to Kerala

Kochi:  Center announces assistance to Kerala in deep sea fishing. The assistance is for the purchase of two ships with facilities for fish processing. Union Minister Amit Shah, who is also in charge of the Cooperative Department, has instructed Matsyafed to prepare and submit a plan for this purpose.

Amit Shah assured that assistance would be granted if some project proposals were given while visiting the Valanirmana factory under Matsyafed. The proposal is to submit a plan to purchase two ships with facilities for fish processing. Ten fishing vessels worth one and a half crores have already been sanctioned under the Pradhan Mantri Matsya Akhtar Yojana.

At the same time, the Union Minister has also promised financial assistance for setting up three new fish net factories. A decision will also be taken on reducing the interest on loans granted by NCDC for the purchase of fishing equipment. Amit Shah informed that assistance will also be given to the project for tourism development in Matsyafed farms.

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