Chief minister Y S Jagan Mohan Reddy disbursed Rs 119.88 crore into the accounts of 1,19,875 fishermen families, crediting Rs 10,000 each for the third consecutive year under the YSR Matsyakara Bharosa compensating the off-season ban on marine fishing.
Speaking on the occasion, the chief minister said that the programme, benefiting as many as 1,19,875 families, was taken up for the uplift of fishermen who were struggling for livelihood during the lean period from April to June every year. The scheme was initiated in 2019 increasing the financial assistance from Rs 4,000 to Rs 10,000, and the had spent around Rs 332 crore alone on this scheme.
With the welfare of fishermen being the priority, the chief minister said the government had increased the fuel subsidy from Rs 6 to Rs 9 per liter which can be redeemed instantly at 100 recognised petrol bunks. The government has also provided power at a subsidised cost of Rs 1.50 per unit to the aqua farmers despite being burdened with Rs 780 crore annually.
In case of an accidental death, the state government has enhanced the ex gratia from Rs 5 lakh to Rs 10 lakh to support the family of the deceased and so far, 67 fishermen families have been provided with an assistance of Rs 6.7 crore. The chief minister said the previous government had completely neglected the welfare of fishermen and aquaculture in the state.
In order to support aqua farmers, the state government is setting up 100 aqua hubs at a cost of Rs 332.9 crores, where each hub will have 120 retail shops to sell their produce directly. Currently in phase one, 25 aqua hubs are being set up across the state and works on these are in progress.