Context:
Union Minister for the Ministry of Fisheries, Animal Husbandry & Dairying recently discussed the government initiatives on the New Blue Revolution in the Lok Sabha session.
Pradhan Mantri Matsya Sampada Yojana (PMMSY):
- Launched in – September 2020.
- Duration – FY 2020-21 to FY 2024-25.
- Objective – To bring Blue Revolution through sustainable and responsible development of the fisheries sector.
- Targets activities that have the potential to create employment opportunities, including seaweed and ornamental fish cultivation.
- Emphasizes advancements in breeding techniques to ensure high-quality brood, seed, and feed, and diversification of species.
Fisheries and Aquaculture Infrastructure Development Fund (FIDF):
- Objectives-
- Creation and modernization of fisheries infrastructure
- Creation of Marine Aquaculture Infrastructure
- Creation and modernization of Inland Fisheries Infrastructure
- Reduce post-harvest losses and improve domestic marketing facilities through infrastructure support
- Funding – Concessional finance and interest subvention up to 3% per annum for a repayment period of 12 years.
Pradhan Mantri Matsya Kisan Samridhi Sah Yojana (PMMKSSY):
- Launched in – 2024.
- Objectives –
- Creating a National Fisheries Digital Platform for better service delivery.
- Facilitating institutional financing for small fisheries enterprises.
- Provide a one-time incentive for purchasing aquaculture insurance.
- Support micro and small enterprises in adopting fish safety and quality systems with performance grants.
Source: PIB
Previous Year Question
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
1. Working capital for maintenance of farm assets
2. Purchase of combine harvesters, tractors and mini trucks
3. Consumption requirements of farm households
4. Post-harvest expenses
5.Construction of family house and setting up of village cold storage facility
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2020 Prelims]
(a) 1, 2 and 5 only
(b) 1, 3 and 4 only
(c) 2, 3, 4 and 5 only
(d) 1, 2, 3, 4 and 5
Answer: (b)
