India’s first fisheries business incubator launched in Gurugram Haryana

India’s first fisheries business incubator launched in Gurugram Haryana

India’s first fisheries business incubator launched in Gurugram Haryana

  • The first-of-its kind, dedicated fisheries business incubator has been inaugurated in Gurugram of Haryana to nurture fisheries start-ups under real market-led conditions.
  • The incubator is known as LINAC- NCDC Fisheries Business Incubation Centre (LlFlC).
  • It was inaugurated by Union Minister of Fisheries, Animal Husbandry and Dairying, Shri Parshottam Rupala on November 16, 2021
  • The centre has been established at a cost of Rs. 3.23 crore under the central flagship Pradhan Mantri Matsya Sampada Yojana (PMMSY).
  • The National Cooperative Development Corporation (NCDC) is the implementing agency for the LIFIC.
  • The first batch of ten incubatees from four states (Bihar, Himachal Pradesh, Gujarat and Maharashtra) have already been identified.
  • Note: Prime Minister has set target to achieve 22 million tonnes of fish production and export to the tune of Rs one lakh crore by 2025. 

Points to Remember: 

  1. India’s first fisheries business incubator has been set up in which place?
  2. Union Minister of Fisheries, Animal Husbandry and Dairying?

Source: PIB

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