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Government to Provide High-Speed Boats to Fishermen & Scholarships to Children of Weavers & Fishers

The government is providing subsidies on high-speed boats to fishermen, and under the Vidya Nidhi scheme, scholarships will be granted to the children of fishermen and weavers..

Kritika Madhukar
The CM also officially confirmed the disbursement of 100 high-speed fishing vessels, each costing Rs 1.5 crore, to fishers at a subsidy of 90%.
The CM also officially confirmed the disbursement of 100 high-speed fishing vessels, each costing Rs 1.5 crore, to fishers at a subsidy of 90%.

According to Karnataka Chief Minister Basavaraj Bommai, the benefits of the Vidya Nidhi scheme would be extended to weavers of the handloom industries and the fishermen communities with the commencement of the next academic year.

On Monday, Bommai spoke at a program that was conducted as part of the Punapratishta Brahmakalashotsava of Sri Mahalakshmi Temple in Uchila, Kaup taluk, in the district and informed about the reformed strategy to the public.

While addressing the crowd at the program the CM said that the government has already launched, a scholarship named Vidya Nidhi. The initiative was taken for promoting education for the children of farmers in the state.

Scholarships will be granted to girl students in the state starting from class 8th to postgraduate levels. This scheme will be granted to the children of fishermen and weavers as well. 

Distribution of High-Speed Boats To Fishermen

The CM also officially confirmed the disbursement of 100 high-speed fishing vessels, each costing Rs 1.5 crore, to fishers at a subsidy of 90%. In addition to this, he also added that the government is intending to improve technologies to boost catch, which will ultimately contribute to making fishing more profitable. 

He also said that on a trial basis, high-speed boats for deep-sea fishery will be given to fishermen, residing along the coasts of Dakshina Kannada, Uttar Kannada, and Udupi. Fishermen would only require to pay 10% of the total cost as the high-speed boat scheme will be subsidized by the federal and state governments. 

With the high-speed boats, fishermen could go deep-sea fishing for up to ten nautical miles from the shore. This will also encourage fish exports. The process of inviting fishermen to claim this subsidy will begin soon. 

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