Andhra Pradesh to draft state-level insurance cover for fishing boats
Summary
- The Fisheries Department has been tasked with preparing a draft policy to provide insurance cover for fishing boats in Andhra Pradesh.
- Deputy Chief Minister K. Narayana Swamy stressed the urgent completion of the Uppada sea protection wall and the replacement of a washed‑away beach road.
- The proposed scheme aims to safeguard the livelihoods of fisherfolk against loss of vessels due to cyclones, storms or other marine hazards.
- The insurance cover will be state‑run, offering affordable premiums and quick claim settlement for registered boat owners.
Key Facts
- · Policy preparation assigned to the Fisheries Department.
- · Target beneficiaries: owners of fishing boats operating along Andhra Pradesh's coastline.
- · Insurance to be subsidised by the state to make premiums affordable.
- · Complementary infrastructure projects: Uppada sea protection wall and beach road reconstruction.
- · Draft policy to be finalized before the end of the current fiscal year.
Why it matters
Providing insurance cover to fishing boats protects a vulnerable coastal community, enhances economic resilience, reduces post‑disaster financial distress, and aligns with the government's broader objectives of coastal protection and livelihood security.
#Andhra Pradesh#Fisheries#Insurance#State policy#Coastal protection#Deputy CM