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Fisheries sector plays a significant role in Indian economy. The main objective of motorization is technological upgradation of traditional sector, to help the fishermen to reduce their physical strain and to extend their area of fishing operations, mainly to increase the fish catch, income and thereby to raise their socio-economic status. Motorization programme is being implemented by extending credit facilities to fishers through nationalized banks. This field ...
Fish is considered to be the internationally traded primary commodity and fisheries sector occupies a very important place in the socio-economic development of the many developed and developing countries in the world. In India, fisheries sector contributes Rs. 19,355 crores to National Income, which is 14 per cent of the total Gross Domestic Product. The Mechanised crafts not only cover the distant area, but also give higher economic returns to the industry and ...