The Rs 1,000-crore Integrated Fisheries Development Scheme (IFDS) of Telangana State government is all set to be formally launched by Chief Minister K Chandrashekhar Rao here on Wednesday. the government will spend Rs 856 crore while Rs 144 crore will be the share of costs of various inputs to be provided at highly subsidized rates to the beneficiaries.
The scheme aims at providing various inputs such as a supply of fish seeds and construction of landings for boats and the catch near lakes, tanks, and reservoirs at 100 percent subsidy. It also includes providing at 75 percent subsidy high-quality nets, two-wheelers and luggage autos, vehicles for mobile shops for selling fish as well as insulated vehicles for transportation of the catch.
The Chief Minister, on Wednesday, will launch the programme at People’s Plaza abutting Hussainsagar at 2 pm, according to a press release from the government. Nearly 5,000 fishermen from different districts are expected to attend the event where two fishermen families who lost their breadwinners in accidents will receive an ex-gratia of Rs 4 lakh each.
The Integrated Fisheries Development Scheme further includes providing subsidies ranging from 80 percent to 90 percent for setting up of kiosks to sell fish and fish products and boats. Also included in the scheme is the construction of hatcheries for raising fingerlings, setting up of fish feed manufacturing units, processing, and ice manufacturing plants at 75 percent subsidy.