BusinessIndia’s Deep-Sea Fishing Scheme Faces Challenges
India’s Deep Sea Fishing Vessel Scheme under the Pradhan Mantri Matsya Sampada Yojana aims to support fishermen with financial aid for deep-sea boats. However, traditional fishermen like Shaju Antony from Kerala have faced issues with boat quality and costly repairs. Despite investing over ₹10 million and waiting years, Antony gave up after government petitions failed. Similar concerns arise from fishermen in Maharashtra, highlighting a gap between scheme ambitions and realities.
Mongabay India·



