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      Question

      What is the primary target focus of the recently

      upgraded Pradhan Mantri Matsya Sampada Yojana (PMMSY) sub-scheme?
      A Modernizing urban fish markets Correct Answer Incorrect Answer
      B Formalizing micro-enterprises and aquaculture insurance Correct Answer Incorrect Answer
      C Mandating 100 percent export orientation Correct Answer Incorrect Answer
      D Deep-sea trawler manufacturing subsidies Correct Answer Incorrect Answer

      Solution

      Recent updates to PMMSY focus heavily on risk mitigation for small-scale fishers. The sub-scheme expands institutional credit, provides customized aquaculture insurance against climate shocks, and formalizes unorganized micro-enterprises in the value chain.

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