Infra fund to give a fillip to fisheries sector

Visakhapatnam | Tuesday | 10th July, 2018

Summary:

| Photo Credit: K_R_DEEPAKmore-inTo give a fillip to the fisheries sector the Union government is contemplating setting up a fisheries infrastructure development fund, as part of the blue revolution project. "Entrepreneurs and others in the fisheries sector can get finance at 6 % rate of interest for infra projects and the repayment period will be 12 years, with a moratorium of two years," he said. Eighteen distinguished persons in the sector, including fish and shrimp farmers, entrepreneurs and others, would be felicitated on Tuesday by the NFDB, she added. AP Fisheries Commissioner Ram Shankar Naik said insurance cover should be provided to fish farmers. E.

Ramesh Kumar, Joint Secretary (Fisheries), Union Ministry of Agriculture, visiting a stall set up as a part of Fish Farmers' Day celebrations, in Visakhapatnam on Monday..