Himachal Government Rolls Out Financial Safety Net for Fishers

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In a major push to secure the livelihoods of rural producers, the Himachal Pradesh government has rolled out two ambitious schemes: a dedicated Risk Fund for trout farmers and a Minimum Support Price (MSP) mechanism for reservoir fish. Designed to cushion producers against natural calamities and volatile market conditions, these initiatives mark a decisive step toward strengthening the state’s aquatic economy.

Under the newly established ₹1 crore Risk Fund, registered trout farmers suffering losses from floods, cloudbursts, or landslides can secure financial assistance. By contributing a nominal annual subscription of ₹500, eligible beneficiaries can claim up to ₹25,000 per raceway for heavy stock losses, capped at ₹50,000 per beneficiary. Claims will undergo thorough field-level verification before being credited directly to beneficiaries’ bank accounts.

Simultaneously, the state has introduced an MSP of ₹100 per kilogram for reservoir fish under the Mukhya Mantri Machhuara Sahayata Yojna. To shield local fishers from distress sales during market downturns, the government will subsidize the difference by up to ₹20 per kg if catches are auctioned below the threshold, directly benefiting over 6,000 active licensed fishermen across the state.

CM Sukhu emphasized that these targeted welfare measures—complementing existing support like the Machhuara Samman Nidhi Yojna during annual fishing bans—reiterate the government’s unwavering commitment to empowering traditional livelihood groups and building a self-reliant rural economy.

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