Fisheries and Aquaculture Infrastructure Development Fund Current Affairs, GK & News

Fishing and Aquaculture exempted from Lock Down

On April 11, 2020, the Ministry of Home Affairs, exempted fishing and aquaculture industries from Lock Down. Earlier, the agricultural activities were exempted. Highlights The operations such as harvesting, packaging, processing, cold chain, hatcheries, commercial aquaria, movement of shrimp have been exempted from lock down. However, these industries have been directed to follow hygiene practices ..

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First Tripartite Agreement on Fisheries and Aquaculture Development Fund

On December 23, 2019, the department of fisheries (GoI), NABARD and Tamil Nadu Government signed an agreement to implement Fisheries and Aquaculture Development Fund (FIDF). The tripartite agreement set a total of Rs 7522 crores to address the infrastructure requirement of fisheries sector. Highlights The fund includes setting up of berth facilities for safe landing ..

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Fact Sheet: Fisheries and Aquaculture Infrastructure Development Fund (FAIDF)

To double farmers’ income by 2022 the Cabinet Committee on Economic Affairs (CCEA) has approved creation of FAIDF recently. The proposal for creation of fund was made in budget 2018-19. Salient features of the fund The main aim is to boost fish production to achieve the target of producing 15 million tonnes of fish production ..

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