In Union Budget 2023, a sub-scheme of which of the following Yojanas has been proposed with the investment of ₹6,000 crore to enable activities of fishermen, fish vendors and micro and small enterprises?
Show answer & explanation
Correct answer: B
Explanation
The cottect answer is option 2 i.e. PM Matsya Sampada Yojana.
In the Union Budget 2023, the government proposed a sub-scheme under the PM Matsya Sampada Yojana (PMMSY) with an investment of ₹6,000 crore. This initiative aims to support and empower fishermen, fish vendors, and micro and small enterprises involved in the fisheries sector. The sub-scheme focuses on improving value chain efficiencies, modernizing infrastructure, enhancing market access, and promoting sustainable fishing practices. It is part of the broader vision to boost Blue Economy and generate employment in coastal and inland communities. The investment aligns with the government's goal of doubling farmers’ income and strengthening allied sectors like fisheries.