FAHD Minister Parshottam Rupala to launch fisheries business incubation centre tomorrow

FAHD Minister Parshottam Rupala to launch fisheries business incubation centre tomorrow
LIFIC is being started by the National Cooperative Development Corporation (NCDC), which is the end implementation agency for cooperatives under the flagship scheme Pradhan Mantri Matsya Sampada Yojana

Union Minister of Fisheries, Animal Husbandry and Dairying, Parshottam Rupala will launch the ‘LINAC-NCDC Fisheries Business Incubation Centre’ (LIFIC) on November 16, 2021 (Tuesday) at 12 noon at Laxmanrao Inamdar National Academy For Cooperative Research and Development – National Cooperative Development Corporation (LINAC-NCDC), Institutional Area, Gurugram, Haryana. Services of the Centre will help augment the development of the fisheries business in India, Ministry of Fisheries, Animal Husbandry & Dairying has announced today.

Union Minister of State for Fisheries, Animal Husbandry and Dairying, and Information & Broadcasting, Dr. L. Murugan will also be present on this occasion.

You may also like to read: PMMSY is all set to help the fisheries sector to revive & uplift

The Fisheries Business Incubation Centre is being started by the National Cooperative Development Corporation (NCDC), which is the end implementation agency for cooperatives under the flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY) of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India. The Government aims to boost the fisheries sector in the country.

PMMSY is a flagship scheme for focused and sustainable development of the fisheries sector in the country with an estimated investment of Rs. 20,050 crores for its implementation during a period of five years from FY 2020-21 to FY 2024-25 in all states and union territories. PMMSY aims at enhancing fish production by an additional 70 lakh tonne by 2024-25, increasing fisheries export earnings to Rs.100,000 crore by 2024-25, doubling of incomes of fishers and fish farmers, reducing post-harvest losses from 20-25 per cent to about 10 per cent and generation of additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities.

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