AP CM launches welfare scheme for fishermen

Image
Press Trust of India Amaravati
Last Updated : Nov 21 2019 | 2:10 PM IST

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Thursday launched YSR Matsyakara Bharosa, a welfare scheme for fishermen, on the occasion of World Fisheries Day.

Under this, 1,32,332 fishermen in the 21-60 age group will get an enhanced monetary relief of Rs 10,000 each during the marine ban and lean period every year between April and June.

Also, subsidy on diesel has been enhanced under the new scheme from Rs 6.03 to Rs 9 per litre, applicable to the mechanised (3000 Ltrs) and motorized boats (300 Ltrs) for 10 months every year.

The chief minister launched the schecme at Mummadivaram in East Godavari district.

Jagan announced on the occasion that insurance cover for fishermen in the 18-60 age group was being doubled to Rs 10 lakh each in case of accidental death.

The chief minister also distributed as assistance Rs 80 crore to 16,654 fishermen who were affected by drilling operations of the then Gujarat State Petroleum Corporation for laying pipelines in 2012 in Mummadivaram constituency.

Fisheries minister Mopidevi Venkata Ramana, Agriculture minister K Kanna Babu and other leaders were present.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 21 2019 | 2:10 PM IST

Next Story