- The fisheries sector is a direct source of livelihood for more than 20 million fishers and fish farmers; contributes INR 1.75 trillion annually to the gross value added to India’s economy.
- India is the third largest fish-producing country.
- Fisheries are the country’s single-largest agriculture export.
- Recently, the Union Minister of Fisheries launched three national flagship programmes for the development of the fisheries sector. These include-
National Surveillance Programme for Aquatic Animal Diseases (NSPAAD) Phase-II
- Phase-II is sanctioned under the Pradhan Mantri Matsya Sampada Yojana programme (PMMSY).
- Phase 1 has been implemented since 2013.
- The phase-II will be implemented at the pan-India level and state fisheries departments to be an integral part.
- It envisages development of the National Information System on Aquatic Diseases.
Genetic improvement program of Penaeus indicus (Indian white shrimp)-Phase-I
- Shrimp farming sector mostly depends on one exotic Specific Pathogen Free stock of Pacific white shrimp (Penaeus vannamei) species.
- Program will help to break single species dependence and promote indigenous species vis-à-vis exotic shrimp species.
- Program sanctioned with an outlay of Rs.25 crores under PMMSY to establish a National Genetic Improvement Facility for shrimp breeding.
Shrimp Crop Insurance product
- Developed by ICAR-CIBA
- It charges a differential premium based on location and requirements of the individual farmer from 3.7 to 7.7 % of input costs.
- Farmers will be compensated to the tune of 80 % loss of input cost in the event of total crop loss. i.e., more than 70% crop loss.
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