Current Affairs - Miscellaneous - Discussion

The Union Cabinet chaired by Prime Minister Narendra Modi approved the implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) on 20 May 2020. The scheme aims to boost investments in the fisheries sector and increase of competitiveness of fish and fisheries products. The total estimated investment for the scheme is Rs.20,050 crore comprising of the Central government share of Rs.9,407 crore, State government share of Rs.4,880 crore, and Beneficiaries' share of Rs.5,763 crore.