NFDB and BOBP-IGO Signed MoA for the Evaluation of the FIDF Scheme

The National Fisheries Development Board (NFDB), India, and the BOBP-IGO signed a Memorandum of Agreement (MoA) on 1st December 2022 to evaluate the Fisheries and Aquaculture Infrastructure Development Fund (FIDF). The FIDF Scheme launched in 2018-19 by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India envisages an investment of about USD 950 million over 5 years to create inland and marine fisheries infrastructure facilities and augment the fish production to achieve the target of 15 million tonnes by 2020 set under the Blue Revolution. Besides, the FIDF aims to achieve a sustainable growth of 8-9 percent, in a move to augment the country’s fish production to the level of about 20 million tonnes by 2022-23. The NFDB is the nodal implementing agency for FIDF Scheme. The evaluation along with the examination of the performance of the scheme will provide design inputs on ensuring inclusiveness and alignment with the SDGs and India's blue economy policies. Mr. S. Reddy, Executive Director (Tech), NFDB, and Dr. P. Krishnan, Director, BOBP-IGO signed the MoA in presence of the Dr (Smt.) C. Suvarna, IFS, Chief Executive, NFDB, and senior officers from the NFDB and the BOBP-IGO.