Context:
Cabinet approved new scheme Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) for MSMEs in fisheries sector.
Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY):
- A sub scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY)
- Aim –To help Micro and Small Enterprises (MSME) operating in the fisheries sector
- Implemented as Central Sector Scheme
- Ministry – Ministry of Fisheries, Animal Husbandry and Dairying
- Investment – Rs 6,000 crore
- Tenure – 4 years – across all states and union territories
- Approved – The extension of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) to another 3 years, up to 2025-26.
- Funding allocation –
- 50% public finance – Including the World Bank and the Agence Française de Développement (AFD, external financing)
- 50% – The private sector leverage
Read more about: Pradhan Mantri Matsya Sampada Yojana, India’s Fisheries Sector
Source: The Hindu
Previous Year Question
Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct?
1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.
2. Only one member of a family can join the scheme.
3. The same amount of pension is guaranteed for the spouse for life after the subscriber’s death.
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2016 Prelims](a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer: (c)
Explanation:
Statement 2 is not correct:
Atal Pension Yojana (APY) is open to all bank account holders who are not members of any statutory social security scheme.
