Boosting Northeast India’s Ornamental Fish Industry for Economic Growth

by Fishery News
Published: Last Updated on

Ornamental fish culture now revered as a hobby, with Indian species being highly appreciated around the world. Although the demand is high, India’s percentage of ornamental fish exports is 0.4%, making India the 31st rank exporting country. European nations and USA are the primary markets, with the USA being the leader in imports Interestingly, the region in the Northeast contributes around 85% of the country’s ornamental fish exports showcasing a lot of opportunities for economic development.

The main scheme, “Pradhan Mantri Matsya Sampada Yojana (PMMSY),” is designed to transform the country’s fisheries sector, including ornamental fish development. With an investment record of Rs. ₹ 20,000 crore for the next five years is the target of the initiative that aims at sustainable growth nationwide,the illegal trade is also a problem, because unknowingly native fish species are undersold. However, states in the region must concentrate on ornamental fish under PMMSY as the region is rich in over 250 species.

Conservation of the freshwater habitat should be prioritized to ensure a balance between sustainable growth and stop overexploitation. The experience of successful ventures in West Bengal, Tamil Nadu, Maharashtra and Kerala can be the building blocks for the path to success.
Many attempts are being made in this direction to associate fish farmers with marketing networks but additional support is still required. Research and infrastructural investments can also act as boosters, along with creating awareness on the available subsidies and assistance.

The rise of fish production in the North East is a sign of the importance of fisheries as a means of living. Boosting export readiness is one of the fundamental prerequisites for accessing the lucrative world’s markets.
The department of fisheries has the responsibility to realize the full potential of the ornamental fish industry in the northeast, enhancing economies and conservation together.

 

 

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