Blue Revolution with an outlay of 3000 crore rupees proposed

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Who: Blue Revolution with an outlay of 3000 crore rupees
What: Was in news
When: 21 November 2015
Why: Union Agriculture Minister mentioned about it on World Fisheries Day

Blue Revolution: Creating an enabling environment for integrated and holistic development of fisheries

The Scheme Blue Revolution: Integrated Development and Management of Fisheries was in news as Union Minister for Agriculture and Farmer Welfare Radha Mohan Singh on the eve of World Fisheries Day 2015 on 21 November 2015 mentioned about it.

The scheme was conceptualized by Prime Minister Narendra Modi in 2014 and entails a total outlay of 3000 crore rupees.

It visualizes an enabling environment for an integrated and holistic development and management of fisheries keeping in view the sustainability, bio-security and environmental concerns.

The scheme is an umbrella scheme that has been formed by merging all the existing schemes for effective implementation of different schemes in the fishery sector

The scheme will cover inland fisheries, aquaculture, marine fisheries including deep sea fishing, mari-culture and all activities undertaken by the National Fisheries Development Board (NFDB) towards realizing Blue Revolution.

This will ensure that a focused approach of this nature ushers in Blue Revolution through an integrated development and management of fisheries and aquaculture sector.

Further, it would also ensure sustained acceleration and intensification of fish production beyond the projected annual growth rate.