Artificial reefs in different shapes that ready for installation under the sea | Photo Credit: Special Arrangement The State Fisheries Department has planned to install artificial coral reefs in 39 locations across two fishing villages in Nagapattinam district to boost fish production. With a budget of ₹11.79 crore, the project is part of the Union … Read more
The story so far: India possesses diverse fisheries resources that provide livelihood opportunities to approximately three crore fishers and fish farmers. The country has witnessed an 83% increase in the national fish production since 2013-14, that stands at a record 175 lakh tons in 2022-23. With 75% of this coming from inland fisheries, India is … Read more
Delegates attend the 13th WTO ministerial conference in Abu Dhabi, United Arab Emirates. File | Photo Credit: Reuters The talks at the WTO’s ministerial conference ended with no decision on key issues such as finding a permanent solution to public food stockpile and on curbing fisheries subsidies that lead to over-capacity and over-fishing, sources said. … Read more
Rejecting the current text on fisheries subsidy negotiations, India on Tuesday said WTO members engaged in distant water fishing should stop providing any kind of subsides for 25 years as they provide significantly higher support measures and are indiscriminately exploiting the fisheries resources. For every fisher family, India gives barely USD 15 subsidy in a … Read more
New Delhi: India has objected to a process followed by the chair of the fisheries subsidies negotiations at the World Trade Organization (WTO) wherein information on ways to achieve a possible outcome was collected through a questionnaire from ambassadors of 50 countries in their personal capacities. Terming the process “grossly erroneous” that “lacks credibility”, New … Read more
KOLKATA: India expects the fisheries sector to attract investments worth USD 9 billion over the next five years along with huge employment generation, a top official said on Sarturday. Fisheries exports are expected to more than double to Rs 100,000 crore by 2024-25 from Rs 46,589 crore at present, he said. “Government is targeting investments … Read more