Question
Under the modified Pradhan Mantri Matsya Sampada Yojana
(PMMSY), the government has introduced a specific sub-scheme to support micro-enterprises. What is the primary operational objective of this target focus?Solution
Recent policy updates to PMMSY emphasize risk mitigation in the fisheries sector. By focusing on formalizing the unorganized micro-segment, the scheme expands access to institutional credit, provides subsidized crop insurance for aquaculture, and improves post-harvest infrastructure to minimize value-chain losses.
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