The Indian aquaculture industry to aid in creating AatmaNirbhar Bharat

News Desk, News Nation 360: Aquaculture in India is an important economic activity and a flourishing sector with varied resources and potentials. India ranks third in fisheries production, and second in aquaculture. There is a huge value chain involved globally, and the pandemic has affected the trade not just in exports but also internal consumption. A solution can be reached by increasing aquaculture efficiency, the introduction of new methods to increase yield. Keeping this thought in mind, several industry experts from India and across the world gathered at a one-of-its-kind virtual conclave to discuss various topics pertaining to the industry. The Conclave witnessed a host of distinguished speakers from the industry – Amit Saraogi, Managing Director, Anmol Feeds, Tim O’Keefe, President, Aqua-Food Technologies Inc., Dr Andy Shinn, Senior Scientist, Benchmark R&D (Thailand), Umakanth R, Aquaculture Consultant, Asia Subcontinent, USSEC, Dr P.E. Vijay Anand, Senior Lead, Emerging Market Development, USSEC, Dr Y. Basavaraju, Former Dean, College of Fisheries, Mangalore, Ramachandra Raju, President, Society for Indian Fisheries and Aquaculture (SIFA), Anton Immik, CEO, ThinkAqua, Dr Mohd. Golam Quader Khan, Professor, Dept. of Fisheries Biology and Genetics, Bangladesh Agricultural University, Raynalfie Rahardjo,

Business Development Manager, JALA, Indonesia and Tarun Shridhar, Former Secretary, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India. The virtual conclave focused on three main verticals- Health and Biosecurity to Ensure Safe Production, Culture System Improvisation and Advanced Nutrition for Optimum Growth and Better Production. The panel discussed the learnings for the aquaculture industry from COVID. The eminent panellists emphasized the need for developing a market strategy to boost production, marketing the products, responsible management practices and accurate knowledge acquisition by farmers to maintain quality and hygiene for internal as well as export markets. Amit Saraogi, Managing Director, Anmol Feeds addressing the audience of the conclave and told fisheries alone has employed 145 million people and contributed to 1.07% of the GDP and generated export earnings of Rs 334.41 billion as per a recent estimate of National Fisheries Development Board. Aquaculture over recent years has not only led to substantial socio-economic benefits such as increased nutritional levels, income, employment and foreign exchange but has also brought vast un-utilized and under-utilized land and water resources under culture. The measures announced under the Pradhan Mantri Matsya Sampada Yojna for Fisheries and Shrimp sector to boost export and rural employment are encouraging. These measures will boost rural entrepreneurship, enable wealth creation to boost the economy to make India self-reliant as envisioned by Hon’ble Prime Minister. They have a considerable amount of business in their neighbouring countries of Nepal and Bhutan. However, they are unable to reap the benefits of the Export Promotion Capital Goods Scheme as the earning is in Indian currency. He would like to take this platform to request the authorities to kindly look into this unconscious anomaly and help them to boost the economy of the country. 

Report : Anustup Kundu

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