India Looks to Expand Aquaculture With $123 Million Investment
Aquaculture just got a big boost in India. The National Fisheries Development Board is investing some $123 million in the expansion of intensive raising of fish in freshwater ponds and tanks. The goal is to optimize fish yields from about 2.41 million hectares of fresh water:The Fisheries Board indicates that yields can go as high as 5 tonnes per hectare per year, and that ultimately 800,000 hectares could be used for intensive aquaculture.
The money allocated by the Fisheries Board will go towards rewriting the guidelines for aquaculture, as well as helping farmers adopt sustainable fish farming methods and fish seed production.
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