Fisheries Sector: Lifeline of India’s Blue Economy
- Recently, World Trade Organization decided to end fisheries subsidies provide to India and other countries, which according to WTO, has led to unsustainable fishing across the globe.
Fisheries sector in India
- Fisheries sector provides employment to millions of people and is a major contributor towards food security of the country. This sector plays a major role in India which has a coastline of over 8,000 km, an Exclusive Economic Zone (EEZ) of over 2 million sq km, and contains extensive freshwater resources.
- Constituting about 6.3% of the global fish production, Indian fisheries sector contributes about 1.1% to the Gross Domestic Product ....
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