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The Pradhan Mantri Matsya Sampada Yojana (PMMSY)(http://pmmsy.dof.gov.in/) is an initiative launched by the Government of India to establish a comprehensive framework and reduce infrastructural gaps in the fisheries sector. The scheme was announced by the Finance Minister, Nirmala Sitharaman during her speech in the parliament of India while presenting the Union budget for 2019–20 on 5 July 2019. The government intends to place India in the first place in Fish production and processing by implementing Neeli Kranti (transl. Blue Revolution). This scheme is in line with governments aim to double the farmers' income by 2022–23.
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References
- ↑ "ET in the classroom: Priority-sector lending". The Economic Times. 10 May 2011. Archived from the original on 23 May 2011. Retrieved 10 October 2011.
- ↑ "Govt needs to revisit priority sector lending policy for more effective financial inclusion". The Economic Times.
- ↑ Reserve Bank of India notification RBI/2014-15/573 FIDD.CO.Plan.BC.54/04.09.01/2014-15
- ↑ "Strengthening Rural Lending" (PDF). www.dvara.com. Retrieved 12 September 2023.