Overview

• The Andhra Pradesh government has disbursed ₹259 crore to 1,29,178 fishermen families under the Matsyakara Bharosa scheme during the annual fishing ban from April to June.
• Each eligible family received ₹20,000 in financial assistance, doubling the previous year's support as part of the coalition's election promises.
• The government announced plans to complete 11 fishing harbours, including Budagatlapalem and Mulapeta seaport, within a year to boost economic opportunities.
• Additional initiatives include diesel and equipment subsidies, seaweed cultivation centres, and a skill development centre in Etcherla to diversify fishermen's incomes.
• CM Naidu criticized the previous administration's fiscal mismanagement while reaffirming his government's commitment to social security and economic development despite financial challenges.