Credit has been
provided for aquaculture mainly by banks and
NABARD has also played a very vital role in
the credit schemes of marine, inland and brackish
water aquaculture. This credit facility is mainly
used for processing, packaging, preservation,
transportation and marketing of India fish,
fish products, prawn culture etc. With this
credit money new ponds can be developed, old
ponds can be expanded, quality feed can be manufactured
and many such other things. Manual and mechanized
boats can be improved upon. Their capacity can
be increased and additional gears, nets and
other equipments may be added.
The initial credit
given by the banks for the India fish fishery
industry was Rs 4480 million in 1998-99 and
this increased to Rs 5980 million in 2001-2.
NABARD refinance also went up from Rs 297 million
in 1998-99 to Rs 347 million in 2002-3.
Apart from giving
a financial boost, the central and state governments
have laid down certain guidelines and policies
also. In order to provide education to the fisheries,
the Indian Council Of Educational Research has
set up a research institute. Financially vulnerable
farmers have been given help especially for
aquaculture of India fish..
Areas where aquaculture
is possible is identified by the government
and guidelines are given to the farmers. Certain
regulatory measures are taken in order to prevent
over harvesting of India fish.. They also try
to protect the interests of small fish producers.
A program has
been initiated by FAO and NABARD to provide
micro finance and women in the coastal areas
to become financially independent. This can
go a long way in the alleviation of poverty
because it will also supplement the family income.
The corporate
sector has done its bit by introducing advanced
technology for increased production of India
fish, exports and prawn culture. They invest
in high powered fishing vessels and put up freezing
plants. This goes a long way in the total enhancement
of the fishery division. The corporate sector
has spent around Rs 600 million, especially
for shrimp farming and its exports.
All these avenues
which provide financial, as well as technical
help, go a long to remove fishermen from the
poverty line, as well as give a big boost to
the India fishing industry.
Description-Financial
aid and technical guidance provided by the financial
and educational institutions for the aquaculture
of India fish..
For price
quotes and any further information, feel free
to call us today at:
Siam
Canadian Group Limited
9th Floor, Suite 283/44, Home Place Office Building.
283 Thonglor 13, Sukhumvit 55
Kongton Nua, Wattana, Bangkok 10110,
THAILAND
Call us at +66-2-185-3311
Fax: +66-2-185-3317
Email us at info@siamcanadian.com
