Lok Sabha Question No. 2185 (UNSTARRED), answered on 2022-03-15
Subject: Financing of Marine and Fisheries
Ministry: FISHERIES, ANIMAL HUSBANDRY AND DAIRYING
Asked by: Sushil Kumar Singh

## GOVERNMENT OF INDIA MINISTRY OF FISHERIES, ANIMAL HUSBANDRYAND DAIRYING DEPARTMENT OF FISHERIES

## LOK SABHA

## UNSTARRED QUESTION NO. 2185 TO BE ANSWERED ON 15 TH  MARCH, 2022

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## Financing of Marine and Fisheries

## 2185. SHRI SUSHIL KUMAR SINGH:

## Will the Minister of FISHERIES,  ANIMAL  HUSBANDRY  AND  DAIRYING मत्स्यपालन , पशुपालन और डेयरी मंत्री be pleased to state:

- (a) the details of steps being taken by the Government to ensure there is proper financing of marine and fisheries;
- (b) the  percentage  of  contribution  of  fisheries  sector  to  the  Gross  Domestic  Product  of  the country;
- (c) the steps being taken by the Government under the mission Blue Revolution to enhance fish productivity and fish production; and
- (d) the total funds granted and utilised on Fisheries and Aquaculture Infrastructure Development Fund (FIDF) since the inception of the same, year-wise?

## ANSWER

## MINISTER OF FISHERIES, ANIMAL HUSBANDRYAND DAIRYING (SHRI  PARSHOTTAM RUPALA)

(a)  :    The  Department  of  Fisheries,  Ministry  of  Fisheries,  Animal  Husbandry  and  Dairying  has been  taking  up  necessary  steps  to  ensure  flow  of  funds  for  development  of  fisheries  and aquaculture including development of marine fisheries. The steps taken in this direction include (i) implementation  of a Centrally  Sponsored  Scheme  (CSS)  on  Blue  Revolution:  Integrated Development and Management of Fisheries for a period of 5 years from 2015-16 to 2019-20 and release  of  central  financial  assistance  of  Rs.2577.49  crore  to  various  State  Governments/Union Territories  and  other  implementing  agencies  for  development  of  fisheries  and  aquaculture,  (ii) implementation of a flagship  scheme Pradhan  Mantri  Matsya  Sampada Yojana (PMMSY) with highest  ever  investment  of  Rs.20,050  crore    for  a  period  of  five  years  with  effect  from  the financial  year  2020-21  to  2024-25  in  all  States/Union  Territories(UTs),  (iii)    creation  and implementation of a dedicated fund namely, Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs.7,522.48 crore for providing concessional finance for creation of fisheries infrastructures, (iv) extending  the facility of Kisan Credit Card (KCC) to fish farmers to meet their working capital needs for rearing of fish, shrimp, other aquatic organisms and capture of fish.

(b): The share of fisheries sector in the total Gross Value Added (GVA) (at current prices) is recorded at 1.29 % during 2020-21 compared to 1.24% in 2019-20.  The sector contributed Rs. 2,32,620 crore to the GVA (at current prices) during FY 2020-21.

(c) : Under  the  CSS  on  Blue  Revolution:  Integrated  Development  and  Management  of Fisheries implemented for a period of 5 years from 2015-16 to 2019-20, for enhancing the fish production  and  productivity,  special  focus  was  also  given  on  expansion,  diversification  and intensification of aquaculture including productive utilisation of land and water, supply of quality and affordable seed and feed, infusion of modern technologies such as Re-circulatory Aquaculture Systems, Biofloc, cage culture, promotion of deep sea fishing.

(d) : The  Department  of  Fisheries,  Ministry  of  Fisheries,  Animal  Husbandry  and  Dairying Government of India has so far accorded approvals to the viable 72 (seventy two) proposals of various  Eligible  Entities(EEs)  including  States/UTs  and  private  beneficiaries  amounting  to  Rs. 3783.46  crore  under  FIDF.  The  Nodal  Loaning  Entities  (NLEs)  including  NABARD  have sanctioned a loan amounting to Rs. 865.39 crore to various EEs under FIDF and the Department of  Fisheries  during  the  year  2020-21  released  an  amount  Rs.  900  lakh  to  meet  the  interest subvention.

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