Hatcheries looking to grow exotic fish can get approvals from States now - BusinessLine
Hatcheries looking to grow exotic fish can get approvals from States now - BusinessLine |
Hatcheries looking to grow exotic fish can get approvals from States now - BusinessLine Posted: 29 Jun 2020 05:46 AM PDT Hatcheries looking to grow already-approved exotic fish varieties do not have to rush to Delhi for approvals as these decision-making powers have been delegated to the States as part of improving ease of doing business in the fisheries sector, a senior Department of Fisheries official said on Monday. Earlier, hatcheries planning to cultivate exotic fish species had to get approvals from the Centre before the commercial cultivation can begin. But last month, the Department of Fisheries issued a circular allowing the States to grant such permissions. "If the species is already approved for cultivation in the country and the broodstock is coming from a recognised centre within the country, the States themselves can give approvals to the hatcheries," the official said. Export basketThe move is part of the Ministry of Fisheries, Animal Husbandry and Dairying's plan to broadbase India's fisheries export basket. While shrimp continues to be the major fishery export item from the country, there is a huge demand for varieties such as tilapia and seabass in the export market, which India has not been able to tap much. Relaxing the approval process can lead to higher cultivation of such exotic species within the country, the official added. Shaji Baby John, Chairman of Kochi-based Kings Group, welcomed the decision taken by the government last month and said this will immensely help entrepreneurs getting to aquaculture business in a big way as they do not have to approach Delhi for all such approvals. The government has already drawn up a major programme to promote fisheries in the country by investing $9 billion over the next five years. While the Centre, which recently announced PM Matsya Sampada Yojana would invest $5.5 billion, the State governments are expected to invest a total of $3.3 billion within this time frame. A letter from the EditorDear Readers, The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. In these difficult times, we, at BusinessLine, are trying our best to ensure the newspaper reaches your hands every day. You can also access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute. But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support. I appeal to all our readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. You can help us by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section. Our subscriptions start as low as Rs 199/- per month. A yearly package costs just Rs. 999 – a mere Rs 2.75 per day, less than a third the price of a cup of roadside chai.. A little help from you can make a huge difference to the cause of quality journalism! Support Quality Journalism |
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