CIFE and VAMNICOM Partner for Fisheries Development

On 26th August 2024, in a major step towards advancing cooperative management in India's fisheries sector, the Central Institute of Fisheries Education (ICAR-CIFE) and the Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) signed a Memorandum of Understanding (MoU) in Mumbai.

The partnership aims to support the establishment of 2 lakh Primary Agricultural Credit Societies (PACS), Dairy, and Fishery Cooperatives in every Panchayat across the country.
Fisheries in India provide livelihoods to 14.46 million people, making this collaboration crucial for enhancing the sector's integration with advanced technology and value addition.
The MoU focuses on exploring new opportunities in fishery cooperatives through education, research, capacity building, and consultancy initiatives led by both ICAR-CIFE and VAMNICOM.
The MoU is expected to strengthen synergies between the two institutions, significantly improving cooperative management practices within the fisheries sector.