FIDF Flashcards

1
Q

What is the full form of FIDF ?

A

Fisheries and Aquaculture Infrastructure Development Fund

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2
Q

Which committee granted approval for special FIDF ?

A

Cabinet Committee of Economic Affairs

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3
Q

Who chaired this committee ?

A

Prime Minister

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4
Q

Whom would FIDF provide financial concessions to ?

A

State & UT entities

Entrepreneurs

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5
Q

Over what 5-year period will loan lending happen ?

A

2017-18 to 2022-23

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6
Q

Maximum repayment will be over a period of how many years ?

A

12

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7
Q

Which sectors get helped by creation of fisheries infrastructure ?

A

Inland and Marine fishery

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8
Q

What is the target fish production by 2020 under the Blue Revolution ?

A

15 Million Tonnes

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9
Q

What is the sustainable growth rate in fish production aimed at in this ?

A

8-9%

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10
Q

What are the other potential benefits ?

A
  1. Employment oppurtunities
  2. Adoption of new technologies
  3. Attract private investment
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11
Q

What is NABARD ?

A

National Bank for Agricultural and Rural Development

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12
Q

Who is the second largest producer of fish and fresh water fish in the world ?

A

India

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13
Q

What % does India contribute to global fish production ?

A

6%

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14
Q

What % of Indian GDP is given by fish

A

1%

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15
Q

What % of agriculture GDP is given by fish ?

A

5%

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16
Q

How many people make their living off the fishing industry ?

A

14.5 million people

17
Q

Name 2 nodal loaning entities

A
  1. NABARD

2. NCDC