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Money in Aquaculture: Preventing Poverty

The Fish Site
by The Fish Site
20 January 2009, at 12:00am

GLOBE - General manager of the National Bank for Agriculture and Rural Development M K Mudgal on Saturday said that profitability and not productivity is the need of hour for fish farming.

Addressing the Scientists-Managers Interface Meet at the Central Institute of Freshwater Aquaculture (CIFA), he said that aquaculture has proved to be a weapon in removing poverty and malnutrition in rural areas.

Present on the occasion, CIFA director Dr Ambedkar E Eknath urged the district development managers of the Nabard to work for improving the rural economy by utilising the funds provided by it.

Besides facilitating faster technology adoption by farmers and entrepreneurs, they should also work for generating demand for institutional credit.

As a part of the programme, the DDMs were familiarised with the transferable technologies developed by the institute.

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