FISHERY COOPERATIVES A BLUE OCEAN FOR ECONOMIC DEVELOPMENT

KMA Team December 3, 2023

Data

  • Fisheries sector is a sunrise sector in India. 
  • It has immense economic potential in India that has a coastline of over 8,000 km, an exclusive economic zone of over 2 million square km, and with extensive freshwater bodies stretching the length and breadth of the nation.
  • India is the 3rd largest fish-producing country in the world. 
  • Contributes 7.93% of global fish production. 
  • India is the second largest aquaculture fish-producing country in the world.
  • It contributes to around one per cent of the national GDP.
  • It provides livelihoods to more than 2.8 crore fishers and fish- farmers.
  • The country has annual export earnings of over Rs 50,000 crore from the fisheries sector.

Fishery development – government of India’s thrust

  1. The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched by the Ministry of Fisheries, Animal Husbandry and Dairying.
  2. A dedicated Rs 7,522 crore Fisheries & Aquaculture Infrastructure Development Fund (FIDF) was created 
  3. Blue Revolution – not only boosting the fish production but also infrastructure development in the fisheries sector. 
  4. The fishery cooperative movement in India – ‘Karla Machhimar Cooperative Society’ in Maharashtra.
  5. The National Fisheries Development Board (NFDB) and FISHCOPFED have been assigned to speed up the work.
  6. Kausalyaganga at Bhubaneswar is a recognised fisheries hub in the country where FISHCOPFED has a training centre.
  7. Matsyafed – Kerala
  8. Gujarat Fisheries Central Cooperative Association (GFCCA)

Need for focus.

  • Around 4 million people are economically benefited through primary fishery cooperatives in India.
  • The fishery cooperative sector can provide livelihood security, nutritional security, and social security to the vulnerable groups in our society.
  • The fisheries cooperative sector represents weaker section people who are mostly living below the poverty line.

Way Forward

  • There is an urgent need for the adoption of digital technology by fishery cooperatives to provide their services at the doorstep and play a key role in providing nutritious food to the people.
  • The fishery cooperatives should be supported with funds to develop infrastructures and a progressive supply and value chain for sustainability.
  • The Government of India is committed to uplift the fishery cooperative sector through adequate policy and financial support.
  • There is a need to insure over ten million fishermen under the Group Accident Insurance Scheme (GAIS) within the next 2 to 3 years.
  • Fishery cooperative members should be provided with online awareness training about the PMMSY scheme and Cooperative Principles. 
  • They shall be provided marketing support for a sustainable business plan to excel in domestic marketing.
  • Computerization of a primary fishery cooperative can accelerate the growth of the sector at the micro level.
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