Explore Our Affordable Courses

Click Here

Modernization of Paradip Fishing Harbour

Context: Recently, the Union Minister laid the foundation stone for the Modernisation of Paradip Fishing Harbour.

Paradip Fishing Harbour Set for Transformation Under PMMSY Scheme

  • Central Government has approved Modernisation and Upgradation of Paradip Fishing Harbour with 100% central financial assistance under the Pradhan Mantri Matsya Sampada Yojana (PMMSY)
  • Implementation: This fishing harbour project is implemented by Paradip Port Authority with a completion period of 18 months. 

Paradip Fishing Harbour

About Paradip Port 

  • It is a natural, deep-water port located on the confluence of Mahanadi and the Bay of Bengal in Jagatsinghpur District, Odisha. 
  • Importance: It is  one of the Major Ports and an important fishing harbor in Odisha. 
  • Advantage: Paradip Port enjoys the advantages of soft underwater soil so that it can be deepened to any depth depending upon the need.
  • Modernisation: Modernisation will improve the Hygiene, and aesthetics and upgrade the essential infrastructure facilities, mechanizing the fish handling process. 

About PM Matsya Sampada Yojna (PMMSY)

  • PMMSY is a scheme to usher Blue Revolution by addressing critical gaps in the fisheries value chain from fish production, productivity and quality to technology, post-harvest infrastructure and marketing. 
  • It is an umbrella scheme with two separate components namely 
    • Central Sector Scheme (CS) 
    • Centrally Sponsored Scheme (CSS)
  • It aims to 
    • Increase the contribution of the fisheries sector to the Agriculture GVA to about 9% by 2024-25 from 7.28% in 2018-19.
    • Facilitate private investment and growth of entrepreneurship in the fisheries sector.
    • Modernize and strengthen the value chain, enhance traceability, and establish a robust fishery demand. 

Must Refer: Harnessing the Potential of Fisheries Sector in the Marine States

Government Initiatives for Development of Port Infrastructure in India 

  • Sagarmala Project:

    • It promotes port-led development in the country through harnessing India’s coastline, navigable waterways, and strategic location on key international maritime trade routes. 
Major port Minor port
Managed by Union Ministry of Shipping Managed by State Government
Handles international trade Handles coastal and fishing trade
  • Project UNNATI:

    • It will benchmark the operational and financial performance of the 12 major ports with selected Indian private ports and best-in-class international ports for identifying improvement areas.
  • Passage of Major Port Authorities Act 202:

    • The Act aims to decentralize decision-making and reinforce excellence in major port governance.
  • SAROD-Ports: 

    • The initiative aims to assist in the settlement of disputes through arbitrations in the maritime sector, including ports and shipping

Also Read: Indian Ports Hold The Key To Growth & Employment

Additional Reading: Major Ports in India

News Source: PIB

Must Read

NCERT Notes For UPSC UPSC Daily Current Affairs
UPSC Blogs UPSC Daily Editorials

 

To get PDF version, Please click on "Print PDF" button.

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

Download October 2024 Current Affairs.   SRIJAN 2025 Program (Prelims+Mains) !     Current Affairs Plus By Sumit Sir   UPSC Prelims Test Series 2025

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

      

Download October 2024 Current Affairs.   SRIJAN 2025 Program (Prelims+Mains) !     Current Affairs Plus By Sumit Sir   UPSC Prelims Test Series 2025

Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">







    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.