Sunrise Sector Seaweed supported by Pradhan Mantri Matsa Yojana : Rs 640 cr fund allocated for seaweed sector

Kolkata, Sep 04 (UNI) India is the fourth largest seafood producer and second largest aquaculture producer and Rs 640 crore fund has been allocated for seaweed sector. Stating this in an e-conference on Seaweed, organised by the Indian Chamber of Commerce (ICC), yesterday, Dr Rajeev Ranjan, Secretary, Department of Fisheries – Ministry of Fisheries, Animal Husbandry & Dairying, explained that the Union Government was also funding support for implementing largescale projects for production of edible seaweeds and application of seaweed-based products.

” Seaweed cultivation, as a diversification activity in mariculture, has tremendous potential all along the Indian coast, ” he said adding, ” Seaweeds are rich in vitamins and minerals and are consumed as food in various parts of the world and produce phytochemicals. “

Dr. S. Kannan, Director – CSIR-CSMCRI, mentioned that seaweed cultivation has carved a niche in the Indian economy.

He stressed that the R&D would play a significant role in the edible seaweed sector.

Dr J Balaji, Joint Secretary, Marine Fisheries, Dept of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, said, ” A huge domestic demand for seaweeds prevails in India and Government is encouraging to start-ups to venture into this field; financial support up to Rs three crore can be provided to the incubation centers for gearing start-ups in this sector. “

Dr G S Sameeran, Director of Fisheries, Department of Fisheries, Animal Husbandry & Dairying, Govt. of Tamil Nadu, mentioned that mariculture is sustainable and it will play a vital role in increasing fish production, including seaweeds from the coastal waters.

He also pointed out that the Government of Tamil Nadu is a pioneer in providing hands-on training to fisherfolk on seaweed culture.

According to Dr Vaibhav Mantri – Principal Scientist, CSMCRI, commercial harvesting of seaweeds have a USD 12 billion market value and they have a beneficial effect in protecting the climate.


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