News Details
Rs. 17K crore Investment Needed to Triple Fish Export
03 October 2016

The PM’s ambitious Blue Revolution plan to triple the country’s earnings from fish exports would need an investment of `7,199 crore, according to the Integrated National Fisheries Action Plan, 2020, prepared by the Centre. The government has roped in consulting firm Accenture for production management support.The government has 
also begun talks with the World Bank and ADB to fund the project which aims at increasing fish production by 50% to 15.2 million tonnes and triple the export earnings to `1 lakh crore by year 2020. ADB is open to lending support to a `2,900 crore project on cold chains which will be a key to the ‘Neel Kranti’ project while World Bank in a meeting with senior government officials recently looked positive, a government source said. The department has already mapped the various ponds, small tanks, wetlands, water logged areas and brackish waters, lakes, rivers and streams that are the main areas for fish production in the country. Seven states have been identified in wet lands, 13 for
brackish water, 13 for shrimp production, 9 for mud crab production and ten where fishing in reservoirs can be improved. The strategy involves increasing the utilized area for
fishing in the Brackish water areas – out of 14.12 lakh hectares of such area, only 1.55 lakh hectares is utilised right now. Similar area expansion is envisioned for the cold water resource too in some states like J&K and Himachal Pradesh. 


(Source: The Economic Times, Mumbai, August 12, 2016)

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