The government aims to raise India’s fishery exports to ₹1 lakh crore by 2024-25, Finance Minister Nirmala Sitharaman said on Saturday.
By 2022-23, the government also proposes to raise fish production to 200 lakh tonnes, Sitharaman said while presenting the Union Budget for 2020-21 in the Parliament.
“Growing of algae, sea-weed and cage culture will also be promoted. Our government will involve youth in fishery extension through 3,477 Sagar Mitras and 500 Fish Farmer Producer Organisations. We hope to raise fishery exports to ₹1 lakh crore by 2024-25,” she said.
The government also proposes to put in place a framework for development, management and conservation of marine fishery resources, she added.
Youth in coastal areas benefit through fish processing and marketing, the minister said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.