The policy aims at promoting economic activities in the fisheries sector, generating employment for fishermen for sustainable livelihood and protecting nutritional security of the rural poor, according to the New Indian Express.
The standing committee on Fisheries and Animal Resources Development has recommended to the State Government to clear the policy on a priority basis as a regulatory framework will immensely benefit poor fishing communities.
Some ideas included in the policy are increasing institutional finance to the fisheries sector, lower power tariffs, tax concessions for entrepreneurs in the sector, and ensuring adequate water supply.
Incentives and tax holidays would be provided to large-scale fish farmers producing 10 tonnes per hectare or more fish.
It envisages adequate and timely credit to investors and working capital for primary fishery cooperatives.
Implementation of the fisheries sector policy will require significant financial resources. An investment climate and a long term investment programme for sustainable management and development of the fisheries sector in the State will be created.
The policy also details the need for more training institutes, state and district level laboratories for soil and water analysis, and services of fishery consultants and experts for implementing new technologies.
Comprehensive legislation will be provided encompassing integrated coastal management, fisheries conservation, fisheries management and recognising the rights of fishermen.