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Rs51.21 Lakh Government Subsidy for Shrimp Culture

Crustaceans Economics Politics +3 more

INDIA - The State government has allocated a subsidy of Rs.51.21 lakh for marginal shrimp culture for 2011-12 for the coastal districts here.

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Part of the subsidy allocation was disbursed through the Brackish Water Fish Farmers Development Agency, reports TheHindu.

Brackish Water Fish Farmers Development Agency was conceived to promote coastal aquaculture with focus on shrimp culture. Under this, over 39 BFDAs were functional in coastal areas of the country.

For the Delta here, BFDA, Thanjavur serves the institutional platform for promoting shrimp farming in marginal areas for Nagapattinam, Tiruvarur, Pudukottai and Thanjavur. BFDA, established in 1983, seeks to promote marginal shrimp farms with an expanse of less than two hectares, with a subsidy of Rs.60,000 per ha.

BFDAs function with a 50 per cent financial assistance from the Centre.

Under the Agency, the State governments allocation for 2011-12, was disbursed to beneficiaries, earlier by the Minister for Fisheries K.A.Jayapal, here at the collectorate.

A subsidy for small prawn farms was disbursed by the Minister on Monday.

According to an administration release, subsidy disbursements were made to tune of Rs.46.44 lakhs beneficiaries from Nagapattinam, Tiruvarur and Thanjavur.