Government Launches ₹6,000 Crore Scheme to Boost Fisheries Sector
The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying has unveiled the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a new Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). This initiative, with an estimated outlay of ₹6,000 crore, aims to revolutionize the fisheries sector over four years, from FY 2023-24 to FY 2026-27.
India Strengthens Pharmaceutical Quality Control Amidst Growing Export Market
India, ranking 11th globally in pharmaceutical exports by value in 2023, is taking significant strides to enhance the quality, safety, and efficacy of its medicines. This comes as a 2025 Bain & Company report reveals India accounts for 3% of total global pharmaceutical exports.
Government Boosts Pulses Procurement for Farmer Support
The Government of India has reaffirmed its commitment to supporting farmers and ensuring food security by extending the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) scheme until 2025-26. Furthermore, the government has increased pulses procurement to incentivize domestic production and reduce import dependence.
Government Focuses on Infrastructure and Productivity In Dairy Farming
The Department of Animal Husbandry and Dairying (DAHD) has clarified that it has no plans to introduce price support schemes or subsidies for dairy farmers. The department emphasized that milk procurement and sale prices in India are determined by cooperative and private dairies based on production costs and market forces.
India Expands Mandatory Quality Standards to Enhance Product Safety and Trade Practices
Compliance with specific Indian Standards is being made mandatory through Quality Control Orders (QCOs) issued by relevant government regulators and line ministries. These QCOs direct the compulsory use of the BIS Standard Mark under a valid license from the Bureau of Indian Standards (BIS).
