Govt to launch pilot scheme to promote ornamental fishery

Image
Press Trust of India New Delhi
Last Updated : Mar 09 2017 | 5:58 PM IST
The government will launch a pilot scheme for promoting ornamental fisheries sector with an outlay of Rs 61.89 crore to meet rising demand in domestic and export markets.
It is a sub-sector of the fisheries sector dealing with breeding and rearing of coloured fish of both freshwater and marine water.
In India it is small but vibrant and there is a potential for tremendous growth. About 400 species of marine ornamental fishes and 375 freshwater ornamental varieties are available in various parts of the country.
The Department of Animal Husbandry, Dairying and Fisheries has envisaged a programme to unlock the potential of country's ornamental fisheries sector.
The project will be implemented in eight states -- Assam, West Bengal, Odisha, Maharashtra, Gujarat, Karnataka, Tamil Nadu and Kerala, the Agriculture Ministry said in a statement.
The pilot project will focus on creating an enabling environment for a sustainable and holistic development of ornamental fisheries for the socio-economic development of the people involved in this activity as well as for exports.
The thrust areas have been identified for enhancing ornamental fisheries production through cluster-based farming and conservation of natural resources, both inland and marine, through habitat restoration, the statement said.
The major objectives are: (i) to promote ornamental fish culture with cluster-based approach (ii) to augment ornamental fisheries trade and export earnings (iii) to create employment opportunities for the rural & periurban population and (iv) use of modern technology and innovation to make ornamental fisheries a thriving activity.
The pilot project on ornamental fisheries shall be implemented by the National Fisheries Development Board (NFDB) through the Fisheries Departments of States/UTs.
The implementation of pilot project will require a minimum time frame of one year.
The government said that ornamental fisheries generate livelihood and income for the rural and periurban population, especially women and unemployed youth as part-time activities.
"The low production cost and high returns within a short span of time and the ever growing demand, both in domestic and international markets, etc are the major attractions," the statement said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 09 2017 | 5:58 PM IST

Next Story