CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Pradhan Mantri Matsya Sampada Yojana for the development of marine and inland fisheries will be given how much fund under Atma Nirbhar project?
A
Rs.10, 000 crore
B
Rs.40, 000 crore
C
Rs.20, 000 crore
D
Rs.30, 000 crore
Explanation: 

Detailed explanation-1: -PMMSY was introduced by the Government of India, as part of the ‘Atma Nirbhar Bharat’ package with the investment of Rs. 20, 050 crores, the highest ever investment in the Fishery sector.

Detailed explanation-2: -1, 000 crore (US$ 136.77 million) was awarded to the PMMSY scheme for FY22, an increase of 43% YoY. This will further contribute to the advancement of fishermen’s livelihood in the country.

Detailed explanation-3: -Pradhan Mantri Matsya Sampada has been approved at a total estimated investment of Rs. 20, 050 crores comprising of Central share of Rs. 9407 crores, State share of Rs 4880 crores and Beneficiaries contribution of Rs. 5763 crores.

Detailed explanation-4: -Indian inland waters (rivers, reservoirs, wetlands, lakes and ponds) contribute 62–65% of the total fisheries production.

Detailed explanation-5: -The main objective of the PMMSY is to develop fisheries and aquaculture sectors. Efficient use of land and water resources to enhance fish production and productivity. Modernize value chain considering post-harvest management and quality improvement. Generate employment in the fisheries sector.

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