Background Information on Major Initiatives & Announcements for Agriculture Sector in the General Budget 2018-19 Posted On: 01 FEB 2018 2:20PM Creation of Blue Revolution Infrastructure Development Fund The Union Government in its Budget in its Budget 2018 has set aside Rs. 8000 crore for setting up of a dedicated Blue Revolution Infrastructure Development Fund (BRIDF). BRIDF will provide concessional finance to the State Governments/Union Territories, Sate entities, cooperatives, individual entrepreneurs, etc. for development of fisheries infrastructure facilities both in marine and inland fisheries sector. The infrastructure facilities to be funded under the BRIDF will broadly cover development of fishing harbours and fish landing centres, creation of cold chain infrastructure facilities such as ice plants cold storage, fish transport facilities, fish processing units, fish markets; fish seed farms, fis...