Role of institutions in the promotion and development of fish marketing in India

Sushila Vishnoi, Pramendra, Devendra Kumar G.L. Meena and Hari Singh

Indian Journal of Agricultural Marketing, 2015, vol. 29, issue 2

Abstract: The fisheries sector is rarely a strategic sector for national economic development with world. In India, fisheries and aquaculture are vibrant economic activities, and has been one of the fastest growing food production systems. India, the second largest producer of fish in the world produced 9.58 MT marine fish, comprising 6.14 MT inland fish and 3.44 MT marine fish (Annual report NABARD, 2014–15). Unit value of marine product realization also reached to record high from 3.78 USD/Kg during 2012–13 to 5.09 USD/Kg during 2013–14 and recorded growth of 34.55%. MPEDA envisages target of USD 6.0 Billion for the year 2014–15. (MPEDA, 2014–15). NABARD's refinance to fisheries sector market rose from 37.85 crore in 2012–13 to Rs. 64.15 crore in 2014–15. Refinance to the fisheries sector needs to play a greater role in financing the fisheries sector. ICAR fisheries institutes and the MPEDA lab at Cochin has facilities in development of fish marketing in India.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:injagm:399529

DOI: 10.22004/ag.econ.399529

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