Question
Which of the following statement/statements is/are
INCORRECT regarding the extension of Fisheries and Aquaculture Infrastructure Development Fund (FIDF)? 1. The extension of FIDF is approved for another 5 years, up to 2030-31. 2. FIDF provides concessional finance to the Eligible Entities (EEs) through Nodal Loaning Entities (NLEs) like National Bank for Agriculture and Rural Development (NABARD). 3. The extension of FIDF aims to intensify the development of various fisheries infrastructures.Solution
•   The Union Cabinet chaired by Hon’ble Prime Minister Narendra Modi approved extension of Fisheries Infrastructure Development Fund (FIDF) for another 3 years upto 2025-26 within the already approved fund size of Rs 7522.48 crore and budgetary support of Rs 939.48 crore. •   In order to address the infrastructure requirement for fisheries sector, the union Government during 2018-19 created the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total funds size of Rs 7522.48 crore. •   In the earlier phase of implementation of FIDF during the period from 2018-19 to 2022-23, a total 121 fisheries infrastructure projects with an investment cost of Rs. 5588.63 crore have been approved for creation of various fisheries infrastructures. •   Extension of FIDF will further intensifies development of various fisheries infrastructures like fishing harbours, fish landing centers, ice plants, cold storage, fish transport facilities, integrated cold chain, modern fish markets, Brood Banks, Hatcheries, aquaculture development, Fish Seed Farms, state of art of fisheries training centres, fish processing units, fish feed mills/plants, cage culture in reservoir, Introduction Deep Sea Fishing Vessels, disease Diagnostic Laboratories, Mariculture and Aquatic Quarantine Facilities. •   FIDF will continue provides concessional finance to the Eligible Entities (EEs), including State Governments/Union Territories for development of identified fisheries infrastructure facilities through Nodal Loaning Entities (NLEs) namely National Bank for Agriculture and Rural Development (NABARD), National Cooperatives Development Corporation (NCDC) and All scheduled Banks. •   The Government of India provides interest subvention up to 3% per annum for the repayment period of 12 years inclusive of moratorium of 2 years for providing the concessional finance by the NLEs at the interest rate not lower than 5% per annum. •   The Government of India also provides credit guarantee facility to the projects of entrepreneurs, individual farmers and cooperatives from the existing credit guarantee fund of Infrastructure Development Fund of Department of Animal Husbandry and Dairying.
What proportion of India’s railway network had been electrified as reported in the Survey?Â
- What was India’s position in global pomegranate production as per APEDA’s latest data?
Kopra Reservoir, declared as Chhattisgarh’s first Ramsar site, is located in which district?Â
According to MoSPI’s Environmental Accounting on Forest 2025, India’s forest cover increased by how much between 2010–11 and 2021–22?Â
...- What is the maximum loan amount offered to households under PM Surya Ghar Muft Bijli Yojana?
What is the theme of the World Sustainable Development Summit (WSDS) 2025?
What was India's retail inflation (CPI) rate in June 2025, the lowest since January 2019?Â
 Which district secured the top spot in the North Eastern Region District SDG Index 2023-24?Â
- Which country overtook UAE as India’s top inward remittance source according to RBI’s 2025 bulletin?
- Which country has become India’s largest crude oil supplier in 2025, overtaking Saudi Arabia and Russia?