Current Affairs - Persons - Discussion

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi on October 24, 2018 gave its approval for the creation of a special Fisheries and Aquaculture Infrastructure Development Fund (FIDF). The fund size is estimated to be around Rs 7,522 crore, out of which around Rs 5,266.40 crore would be raised by the Nodal Loaning Entities (NLEs), Rs 1,316.6 crore through beneficiary's contribution and Rs 939.48 crore through budgetary support from the central government. TThe fund size is estimated to be around Rs 7,522 crore, out of which around Rs 5,266.40 crore would be raised by the Nodal Loaning Entities (NLEs), Rs 1,316.6 crore through beneficiary's contribution and Rs 939.48 crore through budgetary support from the central government.