India’s Shrimp Industry Navigates Turbulent Waters Amidst Production Woes and Price Challenges
India’s shrimp industry, once a thriving sector contributing significantly to the country’s seafood exports, is currently grappling with a multitude of challenges that threaten its sustainability. The high costs of production, coupled with depressed shrimp prices, have left many shrimp farmers struggling to stay afloat. The escalating costs of feed,
Puducherry Embarks on a Transformative Initiative: 14 Artificial Reefs to Boost Coastal Fish Breeding
In a groundbreaking move, the Puducherry government, in collaboration with the Central Marine Fisheries Institute (CMFRI), Visakhapatnam, is set to implement a ₹4.34 crore project to install 14 artificial reefs along its coastline. This ambitious endeavor, funded entirely by the Centre under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), aims
India’s Seafood Export Target for FY24: Unlikely to Be Met
India’s seafood export target for FY24 is unlikely to be met due to several factors, including tepid buying from key markets such as the US, China, Japan, and Europe. Additionally, there is weak demand for peeled frozen products in the US retail market. Exporters do not see any substantial improvement
Odisha Fishermen Advised Exercise Caution Amidst Cyclonic Storm Warning
In response to the recent forecast by the India Meteorological Department (IMD) predicting the formation of a cyclonic storm in the Bay of Bengal, the Special Relief Commissioner (SRC) in Odisha has issued a precautionary warning to fishermen along the state’s coast. According to the IMD’s update, a low-pressure system,
ICAR-CMFRI Marks 75 Years of Marine Research with Commemorative Stamp Release
Celebrating a milestone in marine research, the ICAR-Central Marine Fisheries Research Institute (CMFRI) has launched a Corporate My Stamp and Special Postal Cover. The release, symbolizing the institute’s 75 years of contributions to India’s marine fisheries research and development, took place in Kochi, where Postmaster General Sayeed Rashid officially presented
Seaweed Farming Success in Lakshadweep, India
A pilot seaweed farming enterprise in Lakshadweep, an archipelago off the coast of Kerala in India, has been a huge success. The farm, which was initially launched in Chetlath, one of the smaller islands in Lakshadweep, has expanded to 30 plots with 3,000 net tubes. The first harvest yielded nearly
Union Minister Advocates Research and Investment for Advancing Deep-Sea Fishing in India
Union Minister of State for Fisheries, Animal Husbandry, and Dairying, L Murugan, has underscored the crucial role of research and design in upgrading fishing vessels to unlock the potential of sustainable deep-sea fishing. Speaking at the Global Fisheries Conference India 2023 in Ahmedabad, Murugan highlighted the global demand for tuna
Uttar Pradesh’s Transformative Journey in Inland Fisheries: PM Matsya Sampada Yojana Unleashes Growth
Uttar Pradesh’s fisheries sector has undergone a remarkable transformation, propelled by the effective implementation of 31 schemes under the visionary PM Matsya Sampada Yojana. The state, under the leadership of Chief Minister Yogi Adityanath, has witnessed unprecedented progress, securing its position as a frontrunner in the realm of inland fisheries.
Kerala’s Fisheries Triumph: A Beacon of Sustainable Development and Community Prosperity Takes Center Stage at IITF Trade Fair 2023
New Delhi: The Department of Fisheries in Kerala garnered widespread acclaim at the India International Trade Fair (IITF) 2023, where it showcased the state’s commitment to sustainable development and the well-being of its fishing communities. Led by Minister Saji Cherian, the department envisions “Blissful fishers and a healthy community.” Renowned
Government Extends Kisan Credit Card Benefits to Fishermen, Recognizing Their Economic Contribution”
In a significant move, Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala announced the extension of the Kisan Credit Card (KCC) scheme to fishermen on November 16. Originally designed for farmers, the KCC scheme provides tailored financial support through credit cards to address agricultural needs. By broadening its
India’s Exports Soar: Nordic-Baltic Region Emerges as Key Market with 39% Growth in 5 Years
In a notable surge, India’s exports to the Nordic-Baltic region have witnessed a remarkable 39% increase from 2018-19 to 2022-23, according to Union Commerce Minister Shri Piyush Goyal. Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal welcomed companies from the Nordic-Baltic region to invest in India,
Bengaluru’s Ornamental Fisheries Market Flourishes with Rs 100 Crore Monthly Revenue
Bengaluru’s ornamental fisheries market is experiencing a robust surge, contributing to an impressive monthly revenue of approximately Rs 100 crore, as revealed by the Fisheries Research and Information Centre. Dr. Chethan N, a Fisheries Scientist at Karnataka Animal and Fisheries Sciences University (KAFSU), noted a significant 15-20 percent growth in
Prawn Boom Threatens Bhitarkanika: Odisha’s Fishing Frenzy Raises Environmental Alarms
Odisha’s vigorous promotion of fish farming has led to a surge in prawn gherries covering over 15,000 hectares in Kendrapara district, posing a grave threat to the delicate Bhitarkanika wetland. Concerns arise as toxic chemicals discharged by these gherries flow into the sea, jeopardizing the lush cover and wildlife habitat