Q. Which ministry recently awarded the first-ever Aqua Insurance to beneficiaries under the Pradhan Mantri Matsya Kisan Samridhi Yojana?
Answer: Ministry of Fisheries, Animal Husbandry & Dairying
Notes: The Union Minister of Fisheries, Animal Husbandry & Dairying recently awarded the first-ever Aqua Insurance to beneficiaries under the Pradhan Mantri Matsya Kisan Samridhi Yojana (PM-MKSSY). PM-MKSSY, a sub-scheme of the Pradhan Mantri Matsya Sampada Yojana, provides comprehensive aquaculture insurance. The mobile application VyAS-NAV was also launched for digital data collection for the 5th Marine Fisheries Census. The Aqua Insurance aims to provide financial support to small and marginalized fisheries farmers. Beneficiaries include registered aquafarmers, firms, cooperatives, and Fish Farmer Producer Organizations (FFPOs). The insurance covers one crop cycle.

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