Fisheries Startup Grand Challenge

 

Ministry of Fisheries, Animal Husbandry and Dairying Launches Fisheries Startup Grand Challenge

 

Context:

  • The Department of Fisheries, Government of India in association with Startup India, Ministry of Commerce and Industry inaugurated the “Fisheries Startup Grand Challenge” on 13th January 2022.
  • The challenge has been launched with an objective to provide a platform to start-ups within the country to showcase their innovative solutions within the Fisheries and Aquaculture sector.
  • The event was graced by the presence of Shri Parshottam Rupala, Hon’ble Minister of Fisheries, Animal Husbandry and Dairying and Dr. L. Murugan, Minister of State, Hon’ble Minister of State of Fisheries, Animal Husbandry and Dairying.

 

Fishing Industry in India

  • Fisheries and aquaculture are an important source of food production, nutritional security, employment, and income in India.
  • The fisheries sector is a direct source of livelihoods for more than 20 million fishers and fish farmers; contributes INR 1.75 trillion annually to the gross value added to India’s economy; and is a major export earner, with fish being one of the most important agricultural commodities to be exported from India.
  • Blue Revolution, the Neel Kranti Mission has the vision to achieve economic prosperity of the country and the fishers and fish farmers as well as contribute towards food and nutritional security through full potential utilization of water resources for fisheries development in a sustainable manner, keeping in view the bio-security and environmental concerns.

 

Indian Government’s Effort to Improve Fisheries:
  • Establishment of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) during 2018-19.
  • Pradhan Mantri Matsya Sampada Yojana: The programme aims to achieve 22 million tonnes of fish production by 2024-25. Also, it is expected to create employment opportunities for 55 lakh people.
  • Focus on Blue Revolution: Focuses on creating an enabling environment for integrated and holistic development and management of fisheries for the socio-economic development of the fishers and fish farmers.
  • Extension of Kisan Credit Card (KCC) facilities to fishers and fish farmers to help them in meeting their working capital needs.

Source: THE HINDU.

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