Growth in fleet size and investment in marine fisheries and scope for open sea mariculture

Sathiadhas, R (2009) Growth in fleet size and investment in marine fisheries and scope for open sea mariculture. In: Course manual: National training on cage culture of seabass. CMFRI & NFDB, Kochi, pp. 106-110.

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Abstract

Fishing has been considered as a primary livelihood option since time immemorial, for the occupants of the coastal belt in India, stretching along 8129 kms. Fisheries play a predominant strategic role in the economic activity of our country by its contribution to national income, food and employment. It supports the deprived coastal community and serves as an important foreign exchange earner contributing substantially to food and nutritional security. It is also a principal source of livelihood to people in coastal areas. Fisheries contribute about 1 per cent of India’s GDP, which forms about 4.12 per cent of the agricultural GDP (2003-04). The total fish production during the four decades (1950-51 to 1990-91) showed an annual average compound growth rate that varied between 3.35 to 4.62 percent. About 12.2 lakh fisherfolk operate diverse types of craft-gear combinations with regional and seasonal variations all along the Indian coastline. The secondary sector provides employment to more than 15 lakh people and another one lakh people is employed in the tertiary sector.

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