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Question

In which year was the Marine Products Export Development Authority (MPEDA) established in India?

The correct answer is

1972

Understanding the Marine Products Export Development Authority (MPEDA)

The question asks about the year when the Marine Products Export Development Authority (MPEDA) was established in India. Understanding the history and role of key governmental bodies like MPEDA is important for comprehending India's economic development, particularly in sectors like fisheries and marine exports.

Establishment Year of MPEDA in India

The Marine Products Export Development Authority (MPEDA) is a statutory body established by an Act of Parliament. Its primary role is the promotion of marine product exports from India.

Based on historical records and legislative information, the Marine Products Export Development Authority (MPEDA) was established in India in the year 1972.

Role and Functions of MPEDA

MPEDA plays a crucial role in the development of the marine products industry in India, focusing on various aspects to boost exports. Some of its key functions include:

  • Registering exporting units and merchants.
  • Promoting and regulating deep-sea fishing.
  • Implementing measures for the conservation and management of fisheries.
  • Fixing standards and specifications for marine products.
  • Rendering financial assistance to the marine products industry.
  • Undertaking market promotion and publicity.
  • Collecting statistics and disseminating information.

Its establishment in 1972 marked a significant step towards organizing and promoting India's marine export sector on a national level.

Revision Table: Key Years

It's helpful to differentiate between various significant years in India's economic history. While other years listed in the options are important in different contexts, the year 1972 is specific to the establishment of MPEDA.

Year Significance (Context Dependent)
1947 India gained independence
1972 Marine Products Export Development Authority (MPEDA) established
1974 A later year, not associated with MPEDA's establishment
1948 Post-independence year, not associated with MPEDA's establishment

Additional Information on Marine Product Exports

India is a significant global player in the export of marine products. This sector contributes substantially to the country's foreign exchange earnings and provides livelihoods to coastal communities. Bodies like MPEDA are instrumental in ensuring quality, sustainability, and competitiveness of Indian marine products in the international market. The focus includes various items like shrimp, fish, squid, cuttlefish, and other seafood.

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