GeM Hosts Orientation Session for IDAS probationers on transforming public procurement (See 'Corp Brief') NHAI receives SEBI's in-irinciple approval for registration of Raajmarg Infra Investment Trust as InvIT (See 'Corp Brief') Centre okays Export Promotion Mission to Boost MSMEs & first-time Exporters (See 'Corp Brief') Govt lists steps taken to include AI-based diagnostic tools in healthcare (See 'Corp Brief') Govt reviews steps for upskilling & increase womens' participation in MSME sector (See 'Corp Brief') PM Vishwakarma Scheme - holistic support for artisans of 18 traditional trades; 23.09 Lakh beneficiaries trained (See 'Corp Brief') Govt notifies DPDP Act & Rules thereof; simplified framework for startups & data fiduciaries (See 'Corp Brief') SARFAESI - as per Sec 15 of the Act, if borrower's management is taken over by secured creditor, the management may be restored upon full repayment of debt: HC (See 'Legal Desk') Afforestation, ecological restoration - coal mining cos steps to ensure ecological balance (See 'Corp Brief') Competition Act - allegations primarily concerning contraventions of the Companies Act or Ministry of Youth Affairs and Sports directives, do not relate to anti-competitive conduct or violation of the Act: CCI (See 'Legal Desk') RBI issues guidelines for banks to provide customer services in regional languages (See 'Corp Brief') IBC - If bank has released approved payments from TRA account operated by them, then bank was monitoring these transactions during entire CIRP: IBBI (See 'Legal Desk') Govt releases Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal (See 'Corp Brief') IBBI - Cannot be expected to maintain information with respect to other laws outside its purview: IBBI (See 'Legal Desk') Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk')

Print

Department of Fisheries hosts Fisheries Startup Conclave 2.0 in Hyderabad

Published: Mar 10, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 10, 2025: THE Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAH&D), organized the Fisheries Startup Conclave 2.0 on Saturday in Hyderabad, Telangana.

The event was inaugurated by Union Minister Rajiv Ranjan Singh, Ministry of Fisheries, Animal Husbandry( MoFAH&D) & the Ministry of Panchayati Raj, along with Minister of State Prof. S.P. Singh Baghel (MoFAH&D and Ministry of Panchayati Raj) & Prof Ramesh Chand, Member NITI Aayog

The Department of Fisheries organized the Startup Conclave 2.0 to promote innovation in the fisheries sector. As part of this initiative, the Fisheries Startup Grand Challenge 2.0 was launched to support startups in manufacturing and related areas. The program aims to foster entrepreneurship, technological advancements, and sustainability in fisheries and aquaculture, enhancing production and efficiency. Through the Fisheries Startup Grand Challenge 2.0 support will be extended to 10 winning startups with Rs 1 crore in funding. Each winning proposal will receive structured incubation support from ICAR ( ICAR-Central Institute of Fisheries Technology)  (National Fisheries Development Board) NFDB, or other affiliated institutions under the Department of Fisheries. These incubators will play a crucial role in mentoring startups, offering capacity-building programs, and providing access to manufacturing infrastructure to help them scale their solutions effectively.

The NFDP Mobile Application was launched during the Fisheries Startup Conclave 2.0 to expand access to Pradhan Mantri Matsya Sampada Yojana( PM-MKSSY)  benefits. 

The launch was led by Rajiv Ranjan Singh (Lalan Singh), Hon'ble Minister of Fisheries, Animal Husbandry & Dairying and Panchayati Raj other dignitaries, and participating startups. 

 The NFDP mobile app has been developed and is now available on the Google Play Store. The app offers a seamless interface for users particularly startups to navigate various modules and avail scheme benefits.
Developed under the scheme Pradhan Mantri Matsya Samridhi Sah-Yojana (PM-MKSSY), the NFDP serves as a platform for creating digital work-identities for fishers, fish farmers, vendors, and processors, enabling their seamless integration into formal financial and welfare systems. The mobile application simplifies access to various government schemes, offering a user-friendly interface for navigating multiple modules and avail scheme benefits.The NFDP mobile app has transformed the fisheries sector by enabling digital registration and providing access to the PM-MKSSY scheme, financial aid, insurance, and training programs. It offers Rs 100 for self-registration and Rs 76 for registration via VLEs of CSCs. The app strengthens cooperatives, improves traceability, and enhances market linkages, benefiting over 19 lakh registered users. Special awareness and registration camps are boosting participation, making this initiative a major step toward digital inclusion and financial empowerment in the fisheries sector.

Background: India's fisheries and aquaculture sector sustains 3 crore livelihoods, driving employment across the value chain. Since 2015, the Government has invested ?38,572 crore through various initiatives and schemes to promote sustainable growth. This rapid expansion has spurred the rise of over 300 fisheries start-ups, which are leveraging blockchain, IoT, and AI to develop innovative, commercially viable solutions that enhance productivity, ensure traceability, and improve value chain efficiencies.  To address the fisheries' value chain challenges through innovative technology solutions, a set of problem statements have been identified that focus on developing nutritious and affordable aquaculture feeds from sustainable sources, enhancing aquaculture sustainability through AI-powered precision farming, building resilient and inclusive seafood supply chains, minimizing waste while maximizing value in the seafood industry, and integrating traditional knowledge with modern technology for sustainable fisheries. Another endeavour of Department of Fisheries (GoI) towards digital transformation in the fisheries sector was the launch of National Fisheries Digital Platform (NFDP) by Union Minister Rajiv Ranjan Singh, Hon'ble Minister of Fisheries, Animal Husbandry, and Dairying and Ministry of Panchayati Raj in September 2024.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.