Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Govt to spend Rs 45,000 cr in next 5 yrs to promote fishery

PTI
Updated: January 15th, 2020, 21:40 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi:  The government is drafting first national fisheries policy with a budget of Rs 45,000 crore for next five years to promote marine fishery, aquaculture and mariculture, official sources said.

The only existing policy is on marine fisheries from which the production stands at 4.3 million tonnes annually, but there is no policy on inland fisheries that produces the rest 23 million tonnes.

Also Read

Piyush Goyal

India-Australia trade pact marks three years with zero-duty exports from January 1: Piyush Goyal

22 hours ago
Stock market outlook

These three factors to drive Indian stock market this week

1 day ago

The newly carved out Fisheries Ministry is working on an overarching policy that would cover all aspects of the fishery sector, the sources said.

“The fishery sector never had a policy. Now, a new policy is being made. It will focus on promoting marine, aquaculture and mariculture besides addressing the traceability issues. It will cover both catch and capture fishing,” an official source told PTI.

The draft policy will soon be placed before the Cabinet for approval. A budget of Rs 45,000 crore would be required for next five years for implementing the policy, the source added.

Basically, a policy is a statement of intent of the government. To execute a policy, certain legislation and regulations either in the form of Act or executive order are required. And schemes are framed to give monetary support. The schemes stay for only 5-10 years, but a policy lasts for longer period.

At present, two fishery schemes are being implemented. One is Fishery Infrastructure Development Fund, which is a five year scheme. The other one is fishery development scheme funded partially by the World Bank. It is for eight years.

The third scheme ‘Pradhan Mantri Matsya Sampada Yojana’ which was announced in July 2019 Budget is yet to get the cabinet approval. It aims to boost fish and aquatic products through appropriate policy, marketing and infrastructure support.

(PTI) 

Tags: AquacultureBudgetfisheries policyfisherymariculture
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019

Archives

Editorial

Return of the Native

Tarique Rahman
December 30, 2025

When Tarique Rahman, the 60-year-old son of former Bangladesh Prime Minister Khaleda Zia and chief of the Bangladesh Nationalist Party...

Read moreDetails

Silent Killer

December 29, 2025

Air pollution is increasingly being recognised as India’s gravest public health crisis in the post-COVID period, with medical experts warning...

Read moreDetails

Silent Complicity

December 28, 2025

By Aakar Patel Intent has an ally in apathy. Intent seeks to take ground; apathy will kindly adjust. Intent is...

Read moreDetails

Beyond Transfer Raj

Power of Continuity
December 27, 2025

The Centre’s recent directive to states regarding the transfer of IAS, IPS, and IFS officers pertains not only to administrative...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST