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Fishing subsidies in India play a crucial role in supporting local fisheries and coastal communities. These subsidies are provided by the government to enhance fish production, improve infrastructure, and ensure sustainable practices. For instance, subsidies are often allocated for fuel, gear, and boat maintenance, which helps local fishermen reduce operational costs. Additionally, initiatives like the Blue Revolution scheme focus on increasing fish production through modern technology and better management. This support not only boosts the local economy but also aims to preserve marine resources for future generations. However, there are concerns about overfishing and environmental impacts, prompting calls for more regulated and eco-friendly subsidy programs. |
