Risk Fund Scheme has been launched by …………… for fishermen.

GOI
Government of HP
NFDB
LIC

The correct answer is: A. GOI

The Pradhan Mantri Matsya Vikas Yojana (PMMVY) is a government of India scheme launched in 2015 to promote the development of the fisheries sector. The scheme provides financial assistance to fishermen for a variety of purposes, including the purchase of boats, nets, and other equipment, as well as for training and capacity building. The scheme is implemented by the Ministry of Fisheries, Animal Husbandry and Dairying.

The PMMVY is a centrally sponsored scheme, which means that the central government provides the funds for the scheme, while the state governments are responsible for implementing it. The scheme is open to all fishermen, irrespective of their caste, religion, or gender.

The PMMVY has been successful in promoting the development of the fisheries sector. The scheme has helped to increase the production of fish, improve the quality of fish, and increase the income of fishermen. The scheme has also helped to create employment opportunities in the fisheries sector.

The PMMVY is a good example of a government scheme that has been successful in promoting the development of a sector. The scheme has helped to improve the lives of fishermen and their families.

The other options are incorrect because:

  • B. Government of HP is the government of the state of Himachal Pradesh. The PMMVY is a centrally sponsored scheme, which means that the central government provides the funds for the scheme, while the state governments are responsible for implementing it. The Government of HP is not responsible for implementing the PMMVY.
  • C. NFDB is the National Fisheries Development Board. The NFDB is a statutory body under the Ministry of Fisheries, Animal Husbandry and Dairying. The NFDB is responsible for promoting the development of the fisheries sector in India. However, the NFDB is not responsible for implementing the PMMVY.
  • D. LIC is the Life Insurance Corporation of India. LIC is a government-owned insurance company. LIC is not responsible for implementing the PMMVY.