Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
|Markets & Investing|||||||| 
 Section Home | News Now | Paper | Features | Q&A | PF News | PF Features | IPOs | MFs | Commodities | Trends | Stock Data | Financials | Money & Forex
Home > Markets & Investing Live Markets | Commodities
 

Seaweed cultivation: A new source of income
Hrusikesh Mohanty / Berhampur Jul 01, 2009, 00:41 IST

For the first time in Orissa, seaweed cultivation has started on an experimental basis. Red algae, a seaweed and a potential source of the phycocolloid agar, has been cultivated in Langaleswar village near Khallikote, off Ganjam coast with the involvement of members of the women self help groups (SHG).

The cultivation of the red algae is on a pilot basis and is part of the research project on “Development and demonstration of appropriate strategies for marine algae cultivation and processing for livelihood generation in coastal area of Orissa”. The three-year project of the Science and Society Division, Department of Science and Technology, Central government, costs around Rs 20 lakh.

“As red algae is much in demand in agar-agar industries, we hope the lower income group (LIG) of the coastal villages in the state will get extra income with the cultivation of this seaweed,” said Sailabala Padhy, the principal investigator of the project.

Around 60 womenfolk in the village have started to cultivate the seaweed after training. Now they have at least 500 kg of the dry red algae in stock. “We are purchasing these from them at the rate of Rs 10 a kg,” said Padhy.

“After we collect from them, we will supply these to the agar-agar industries. We have decided to purchase the seaweed worth Rs 3,000 a month from them,” she added.

The seaweed demand is increasing worldwide as its extracts are widely used in toothpaste, ice-cream, textile printing, teeth filling, cosmetics, tissue culture, plywood, packaging and several other industries.

Red algae can be cultivated in the Chilika coast, particularly the Ganjam district. The principal investigator of the project said seaweed cultivation was like any other aquaculture. “Investment in cultivation is less, but profit is more,” she said.

In Langaleswar village on the coast of the Chilika, the women groups cultivate the weeds in several rafts and within the cultivation of 15 days, the results were quite satisfactory, she said. Several experts including project coordinator Deenabandhu Sahu of New Delhi, who visited the site and interacted with the cultivators, expressed their satisfaction and suggested expansion of the area under cultivation. “Seaweed cultivation and utilisation is one of the alternatives, that can create a large number of employment, in the coastal area especially for women,” she said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street opens flat as data offsets Moody's warning
- Thomas Cook India Q4 net jumps three times
- Govt plans to make 30% sourcing from MSEs mandatory
- Explain ways to cover govt loss on 3G roaming: TDSAT to telcos
- Magma Fincorp plans to start gold finance biz in H1 of FY13
Tags : shg | lig
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- We live for our family. have you secured them?
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
Most Popular
Read
E-Mailed
Commented
   
- Leela parts ways with Kempinski
- Kanika Datta: The importance of being SRK
- Nestle: Food for thought
- Tailor-made but not good enough
- Full throttle: Ford rides on app technology in India
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us