Multiple choice

The Govt of which of the following states has formed a Fisherman Debt Commission and a moratorium has been placed on proceedings relating to all debts incured by poor fisherman from banks and cooperatives?

  1. West Bengal

  2. Kerala

  3. Orissa

  4. Karnataka

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Kerala government established a Fisherman Debt Commission to address indebtedness among poor fishermen. A moratorium was placed on debt recovery proceedings from banks and cooperatives, providing temporary relief. This initiative recognized the vulnerability of fishing communities to debt traps from natural disasters, market fluctuations, and exploitative lending.