logo
Fisherfolk urge Centre to end insurance woes

Fisherfolk urge Centre to end insurance woes

Time of India24-05-2025

Panaji:
Restrictions on the length of fishing trawlers, rising feed costs, and limited availability of seedlings and high-quality fish seeds within Goa are some of the challenges that the state's fisherfolk face.
Goan fisherfolk, including fish farmers, have asked the Union ministry of fisheries, animal husbandry and dairying to address these concerns. They also emphasised the need for improved infrastructure and greater financial support in the sector.
The fisherfolk said that existing state regulations regarding the length of fishing vessels limit Goan trawlers from sailing out into deeper waters to fish. Meanwhile, fish farmers said that insurance companies refuse to cover disease-related losses suffered by prawn hatcheries, fish farms, and bio-floc units.
'At present, no insurance coverage is available to cover fishery crops, and due to that, banks are very reluctant to provide loans to the poor fisherfolk without any collateral,' said a statement from the fisheries department.
The statement added, 'A robust effort is being initiated to start the insurance coverage for fisheries under the new flagship sub-scheme, namely, Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana.'
The fisherfolk brought up their concerns during a virtual meeting with Abhilaksh Likhi, the fisheries secretary with the Centre's department of fisheries. The core objective of the session was to understand grassroots challenges, resolve existing issues, and formulate future govt policies.
During the meeting, beneficiaries of the Pradhan Mantri Matsya Sampada Yojana said that the scheme supported the growth of ornamental fisheries, sea cage culture, and prawn farming.
Officials assured the fisherfolk that recurrent issues with the banks were noted, and the ministry of fisheries is trying to sort them out with the cooperation of the finance ministry and bankers.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Speedy clearance expected in Sawalkote hydro project
Speedy clearance expected in Sawalkote hydro project

Hindustan Times

time36 minutes ago

  • Hindustan Times

Speedy clearance expected in Sawalkote hydro project

The Union government is looking to give speedy clearance to a ₹22,700-crore hydropower project in Sawalkote on the Chenab so that work can commence by next year and the power ministry is on track to decide which agency should build it, two officials aware of the development said. The Sawalkote project, among four proposed hydroelectric projects in Jammu and Kashmir, has been granted the status of a nationally important project and is expected to generate 1,856 megawatts (MW) of electricity, one of the officials said. The four projects, which together can produce 3,119 MW of electricity, have been hobbled by long administrative delays as well as due to restrictions imposed by the Indus Waters Treaty, which India decided to put on hold a day after the deadly terrorist attack in Jammu and Kashmir's Pahalgam on April 22 that claimed 26 lives. Apart from power, the Sawalkote dam, a so-called run-of-the-river project, will also bring irrigation potential to large agricultural tracts, a second official said, adding it will come up in the Ramban, Batote, Mahore and Udhampur forest divisions abutting the Raman, Reasi and Udhampur districts of the Union territory. The detailed project report or DPR for the dam has been prepared by the National Hydroelectric Power Corporation (NHPC) Ltd, the country's largest state-backed hydropower firm. The government is examining which agency should be tasked with the project. 'The Jammu and Kashmir government has expressed a desire to be involved in the construction of the project and build it either through one of its own power companies or through a joint venture. A decision will be taken soon,' the first official said. India has quickened processes to start work on proposed infrastructure on the Indus River system as well as speed up work on existing ones after pulling out of the 1960 water-sharing pact amid a freeze in ties following the Pahalgam terror attack. In 2021, the forest department of Jammu and Kashmir had recommended environmental clearance along with 'justifications', which had formally rolled out the process of preliminary work for the Sawalkote project, including recommendation of the catchment area plan. The Centre is likely to give a go-ahead soon for the stage I of the two-phased project after issues of picking the agency and reviewing Jammu and Kashmir's demand for a role through a joint venture are settled. The Union territory is keen on getting on board because the project will then create a revenue source for it, the second official said. 'Now that India has put the Indus treaty in abeyance, the country has no obligations under the treaty and it is free to create infrastructure in the Indus rivers on the Indian side,' said Shashi Shekhar, a former Union water resources secretary. Shekhar, as the top water resources bureaucrat then, had recommended the Centre suspend the treaty in 2016, when terrorists had attacked an Indian army base in Kashmir's Uri, killing 18 soldiers. Prior to keeping the water-sharing pact in abeyance following the Pahalgam terror attack, India had been pressing Pakistan to renegotiate the treaty, citing natural changes in the Indus river basin itself, which had diminished India's share amid a rising population. Under the treaty, the ratio of water shared by Pakistan and India stood at 80:20. India had sought a revision in the terms of the treaty bilaterally. According to the Indian side, Pakistan ignored pleas for bilateral renegotiation, and instead moved the World Bank for appointing a neutral expert to address the issues. India then accepted a neutral expert appointed by the World Bank, which had brokered the six-decade-old treaty by formulating its technical aspects, according to the Indian side. However, Pakistan then moved for international arbitration, a step India considers was a serious escalation by Islamabad, without exhausting all available options, according to Indian officials. Since India's decision to suspend the treaty, Pakistan has written four letters to Indian authorities, offering to discuss specific issues, HT had reported last week. India and Pakistan have fought four wars but the treaty had never been paused before. In letters sent to India, Pakistani authorities are learnt to have said that India didn't have powers to unilaterally suspend the treaty and called for resumption of negotiations. In an international conference on glaciers in Dushanbe on May 30, Pakistan Prime Minister Shehbaz Sharif had raked up the treaty, accusing India of 'weaponising water'.

NDA govt has delivered significant changes in 1  1 years, will do more: PM Modi
NDA govt has delivered significant changes in 1  1 years, will do more: PM Modi

Time of India

time3 hours ago

  • Time of India

NDA govt has delivered significant changes in 1  1 years, will do more: PM Modi

PM Modi (File Photo) NEW DELHI: Prime Minister Narendra Modi Monday marked the milestone of him completing 11 years in office, saying the NDA govt, in its three terms, had delivered significant changes, and promising to do more in the rest of his current tenure. "We are proud of our collective success but at the same time, we look ahead with hope, confidence and a renewed resolve to build a Viksit Bharat," he posted on X. Modi shared a series of hashtags and social media links, which - while focusing on his govt's initiatives - also represented a pitch for OBCs, tribals, Dalits and women. A link shared by him noted that 60% of Union ministers were from the SC, ST and OBC categories, a message aimed at burnishing the social justice credentials of his govt amid attempts by opposition parties to paint it as working against their interests. This is the highest representation of these groups in the Union Council of Ministers, it added. He also said that the NDA govt had redefined the concept of "women-led development". Modi also asserted that under the 11 years of his govt, India had not just become the fastest-growing major economy, but was also a key global voice on pressing issues like climate action and digital innovation. Home minister Amit Shah hailed Modi govt's 11 years as a "golden period" in public service, while defence minister Rajnath Singh asserted that India stood well-equipped and unwavering in its resolve to safeguard its territorial integrity, as Union ministers praised the PM's leadership. Shah hails Modi govt's 11 years as 'golden period' | page 13 Modi also asserted that under the 11 years of his govt, India had not just become the fastest-growing major economy, but was also a key global voice on pressing issues like climate action and digital innovation. Home minister Amit Shah hailed Modi govt's 11 years as a "golden period" in public service, while defence minister Rajnath Singh asserted that India stood well-equipped and unwavering in its resolve to safeguard its territorial integrity, as Union ministers praised the PM's leadership. Shah said significant milestones were achieved in economic revival, cultural pride and national security during the 11 years of the Narendra Modi govt. Shah said that not only was Naxalism on the wane and peace established in J&K and the northeast, but also "India now responds to terrorist attacks by striking the terror perpetrators in their own backyard".

EV vs hybrid war: All clean fuel-run vehicles are equal for the PMO
EV vs hybrid war: All clean fuel-run vehicles are equal for the PMO

Mint

time4 hours ago

  • Mint

EV vs hybrid war: All clean fuel-run vehicles are equal for the PMO

The Prime Minister's Office (PMO) believes the Centre needs to support all clean-fuel vehicles including hybrids, even as a rift widens in the Indian auto industry over hybrids being put on a par with pure electric vehicles (EVs). The stand, confirmed by two top government officials, comes after manufacturers of both electric and hybrid vehicles sought the Centre's favour after several state governments proposed incentivizing electric, hybrid and CNG vehicles equally. 'I do not understand why there is so much lobbying. State policies may differ, but the central government has supported both EVs and hybrids in clean mobility schemes. It cannot be that you incentivize one and not the other. The idea is to help all forms and all clean fuels," one of the two officials said on the condition of anonymity. The incentives for EVs and hybrids are aimed at reducing the country's fuel imports and carbon emissions. "All clean mobility initiatives which contribute to this have been incentivized so far, and will continue to be so," the second official said, also on the condition of anonymity. Govt support Mint reported on 6 June, quoting Union heavy industries minister H.D. Kumaraswamy, that the government would continue to support all forms of clean mobility, including hybrid vehicles, which combine the power of a traditional internal combustion engine (ICE) with an electric motor, improving fuel efficiency while cutting down on emissions and fuel usage. Even in the past, the Centre supported hybrids and EVs alike in various subsidy schemes, including the second iteration of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India), which ran from 2018-19 to 2023-24. Also read | ARAI likely to plan division of auto testing agencies allocation Eventually, support for clean-fuel cars was removed under the PM E-Drive scheme (2023-24 to 2025-26). However, it continues to incentivize pure electric buses and electric and hybrid ambulances. The outlay for incentivising such ambulances is ₹500 crore till the end of FY26. Nevertheless, the Union government will continue to support policies to promote clean mobility through all possible means, including EVs, hybrid vehicles, as well as vehicles running on compressed natural gas (CNG) and liquified natural gas (LNG), among others, according to the government officials cited above. The EV vs hybrid war Mint reported on 24 April that the Delhi government had proposed to grant hybrid cars the same benefits as fully electric ones, raising concern among carmakers that had committed vast amounts to develop battery EVs, skipping hybrid technologies. The draft of the Delhi Electric Vehicles Policy 2.0 seeks to waive road tax and registration fees on electric cars priced up to ₹20 lakh ex-showroom and extend the benefit to strong hybrid EVs (SHEVs) and plug-in hybrid EVs (PHEVs) with a similar price cap as well. Also read | More than 6 lakh electric 2, 3-wheelers sold under PM E-Drive scheme since April An SHEV is typically a car in which an electric motor gives significant assistance to the combustion engine. PHEVs, as the name suggests, come with a charging port for the battery that drives the motor. These vehicles can also run exclusively on the electric motor. Uttar Pradesh was the first state to waive these charges for hybrid vehicles in July 2024. CAQM direction Meanwhile, the Commission for Air Quality Management (CAQM) on 4 June also directed commercial vehicle operators to include 'clean' vehicles, including hybrids, in their fleets to help curb air pollution in the national capital. Worried about losing market share, EV makers have urged the Union government not to incentivize them on par with EVs. They have argued that parity between incentives for hybrids and pure EVs would push consumers towards hybrids, which are not zero-emission vehicles. Also read | Tata Motors pushes for e-taxi subsidy after exclusion from PM E-Drive India's EV market was valued at $54.41 billion in 2025, and the hybrid vehicle market at about $0.53 billion, according to market research company Mordor Intelligence. India's automobile market, the world's third-largest by sales, was valued at $137.06 billion. Clean-fuel clash India's major EV makers include Tata Motors Ltd, Mahindra & Mahindra Ltd, Hyundai Motor India Ltd, Kia India Pvt. Ltd, and JSW MG Motor India Ltd. The hybrid carmakers are led by Maruti Suzuki India Pvt. Ltd, Honda Cars India Ltd, and Toyota Kirloskar Motor Pvt. Ltd. 'Tata Motors believes that government incentives should be directed towards promoting zero-emission technologies such as EVs by bridging funding gaps, developing enabling infrastructure, and accelerating innovation to help them reach scale and maturity. Hybrid is an incremental and mature ICE technology, which is commercially viable and faces no funding or adoption barriers that typically warrant government support," said a Tata Motors spokesperson in an emailed statement. Also read | Subsidies on e-scooters to slide to ₹5,000 per scooter in Oct 2025 The spokesperson added that hybrids use fossil fuels, resulting in PM2.5, CO2, and other tailpipe emissions like any other ICE vehicles. Directing any incentives or subsidies toward them can divert India from its net-zero and energy security objectives. 'Viability gap' Rahul Bharti, senior executive officer, corporate affairs, Maruti Suzuki, countered the argument, saying that strong hybrid EVs reduce CO2 emissions by 25% to 31% over pure petrol vehicles and increase energy efficiency by 36% to 44%, but they still have a viability gap. 'So, the tax cannot be the same for a strong hybrid and a pure petrol/diesel vehicle. Data shows that wherever SHEVs have been incentivized, the sales of BEVs have not fallen at all; on the contrary, they have gone up. SHEVs will help reduce pure diesel/petrol cars, and that is in the national interest," he added. Also read | E-buses under PM E-drive to be used now for intercity, tourist travel While hybrid vehicle sales rose about 12% year-on-year to 365,024 in 2024-25, pure EV sales rose 17% to 1,967,313, showed data from the central government's Vahan portal. Queries emailed on 5 June to the PMO, on 6 June to Mahindra & Mahindra, Hyundai Motor India, Kia India, JSW MG Motor, Honda Cars, and Toyota Kirloskar Motor, and on 7 June to the heavy industries ministry, remained unanswered until the time of publishing this story. Experts weigh in The share of non-conventional fuels has increased to a fifth of total passenger vehicle volumes, as against less than 5% five years ago, said Srikumar Krishnamurthy, senior vice-president and co-group head, corporate ratings, Icra Ltd. 'Specifically, hybrids have seen better acceptance in the last one and a half years as they reduce carbon emissions while managing to achieve good ranges. While hybrids at this stage are a stop-gap solution as EV infrastructure is yet to mature, they are also playing a strategic role in achieving sustainability and with more product launches and better product quality, it has become more popular."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store