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Centre has sanctioned projects worth ₹1,156.15 crore to Tamil Nadu, says Fisheries Ministry
Centre has sanctioned projects worth ₹1,156.15 crore to Tamil Nadu, says Fisheries Ministry

The Hindu

timea day ago

  • Business
  • The Hindu

Centre has sanctioned projects worth ₹1,156.15 crore to Tamil Nadu, says Fisheries Ministry

Responding to an analysis that appeared in The Hindu on June 14 that Tamil Nadu's share is higher than Union government's in funding for at least six Central schemes, the Union Fisheries Ministry said that under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), the Centre sanctioned 116 projects worth ₹1,156.15 crore to Tamil Nadu government with ₹448.65 crore of Central share. In a statement, the Department of Fisheries under the Ministry said an additional fund of ₹262.42 crore was released for implementation of Blue Revolution Scheme (during 2017-18) to Tamil Nadu for implementation of the projects approved under PMMSY. The department added that a total of ₹711.07 crore from the Centre and ₹460.10 crore of the State's share was approved in the total project cost. 'The share of funding by Government of India in the projects approved under PMMSY is 60% of the total government assistance. However, the States are free to decide on their contribution for implementation of the Centrally-Sponsored Scheme of PMMSY,' the statement said. The department said that the Centre had additionally sanctioned ₹335.29 crore (including ₹123.06 crore out of ₹262.42 crore released from the Government of India for implementation of Blue Revolution Scheme in 2017-18) to Tamil Nadu during 2020-25, for utilisation and implementation of all projects approved under PMMSY.

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