Agri Business

Kerala to become export capital of ornamental fishes

PTI Kottayam | Updated on February 16, 2011

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Stating that Kerala would be made the export capital of ornamental fishes within five years, the Minister for Fisheries and Registration, Mr S. Sarma, has said the legislative Assembly had approved the proposal to set up a branch of Kerala Aqua Ventures International Ltd in the US for promoting export.

KVIL in Kadungalloor near Aluva, chaired by Chief Minister Mr V. S. Achutanandan, was set up with public-private participation and has been exporting ornamental fishes to Japan, Italy and France, Mr Sarma said after inaugurating the Rs 50 lakh Kottayam Public Aquarium here.

He said the country stood at the lowest level of below one per cent in the export of ornamental fishes in the international market, while Sri Lanka, though smaller in size compared with India, the export growth was eight per cent.

The State is regarded as the export hub of ornamental fishes in the country.

The Minster said the Centre and State Governments have launched a scheme by which a subsidy of Rs 80,000 would be given to Kudumbasree units having five members each, involved in ornamental fish farming. This will ensure a monthly family income of about Rs 7,000, he said.

The 200 sq.feet aquarium was built in a 20 cents land with financial assistance of Rs 37.5 lakh from the Rashtriya Krishi Vikas Yojana of Union Agriculture Department and Rs 12.5 lakh from Matsyafed.

Published on February 16, 2011

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