An umbrella scheme for integrated development and management of fisheries
Approved by Cabinet Committee on Economic Affairs (CCEA)
It is Central Sector Scheme on Blue Revolution
Will be implemented at an outlay of Rs. 3000 crore for a period of five years in all the states including North East States and Union Territories

The scheme will cover will cover multi-dimensional activities for development and management of inland fisheries, aquaculture and marine fisheries
All activities under ambit of it would be undertaken by the National Fisheries Development Board (NFDB) towards realizing Blue Revolution
The scheme aims at development and management of fisheries and aquaculture sector to ensure a sustained annual growth rate of 6-8%
It focuses mainly on increasing productivity and production from aquaculture and fisheries resources both inland and marine keeping in view the overall sustainability, bio-security and environmental concerns

National Fisheries Development Board (NFDB) and its activities
Development of Inland Fisheries and Aquaculture
Development of Marine Fisheries, Post-Harvest Operations and Infrastructure
Strengthening of database and Geographical Information System (GIS) of the Sector
Institutional Arrangement for Sector
Monitoring, Control and Surveillance (MCS) and other need-based Interventions

It provides for suitable convergence and linkages with the Sagarmala Project of the Ministry of Shipping, Rashtriya Krishi Vikas Yojana (RKVY), MGNREGA, National Rural Livelihoods Mission (NRLM) etc.
It also encourages increasing entrepreneurship development, private investment, Public Private Partnership (PPP) and better leveraging of institutional finance for Fisheries Sector

Published with inputs from Swapnil | Image: Source

Blue Revolution: 3000 crore scheme for fisheries sector

By Explains