NABARD Andhra Pradesh Regional Chief General Manager M R Gopal highlighted NABARD’s vital role in supporting fish and shrimp farmers through financial aid and strategic initiatives for the aquaculture sector. Speaking at a regional awareness workshop on shrimp farming, organised in collaboration with the State Fisheries Department, Gopal emphasised the importance of comprehensive planning for shrimp farming, processing, and exports.
Farmers from the erstwhile Godavari districts participated in the workshop, which focused on the challenges and opportunities in the aquaculture sector. Gopal called for collaborative efforts to enhance shrimp production and exports, particularly through financial assistance for establishing nucleus breeding centres for shrimp propagation.
Shrimp Farming: A Key Contributor
With a 974 km coastline, Andhra Pradesh is a crucial player in the domestic and global shrimp industry. The state has achieved remarkable growth in fisheries exports, significantly contributing to rural employment. Major export markets include China and the USA.
Key Insights from Experts
Dr A V Bhavani Shankar, CGM (NABARD HO), pointed out that India ranks second globally in fish production, with a 7% annual growth rate in the past seven years. Fisheries Department Joint Director Lal Mohammed highlighted that 70% of the aquaculture area is concentrated in East and West Godavari, Krishna, and Guntur districts. He also noted the introduction of innovative technologies like drones and the provision of electricity subsidies to over 54,000 aqua farmers.
NABARD’s Aqua Pragati Initiative
The workshop showcased NABARD’s Aqua Pragati initiative, which facilitates credit support for small, medium, and corporate-level farmers. Experts discussed Andhra Pradesh’s potential to strengthen its position in the global shrimp market through innovation and strategic planning.
The programme witnessed the participation of key dignitaries, including AGM SLBC Srinivasa Dasyam, NFDB representative Dr A V Madhuri, ICAR-CMFRI Principal Scientist Dr Joe K Kizhakudan, and MPEDA Joint Director Vijay Kumar, who shared insights to drive aquaculture growth in the state.
This collaborative effort underscores Andhra Pradesh’s commitment to leveraging its aquaculture potential, enhancing livelihoods, and cementing its place in the global shrimp industry.
