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Govt. announces establishment of Fish Cryobanks in various parts of the country

Govt. announces establishment of Fish Cryobanks in various parts of the country

The central government has announced the establishment of Fish Cryobanks in various parts of the country on 10 July 2020 that will ensure the availability of fish sperms of the required species of fish to the fish farmers.

Key Points:

  • The initiative will be implemented by the Ministry of Animal Husbandry, Dairying and Fisheries and was announced by the Minister on National Fish Farmers Day on 10 July 2020.
  • The establishment of the Fish Cryobank is the first in the world.
  • The establishment of the Fish Cryobank will have far-reaching changes in the fisheries sector of the country and will help in the improvement in productivity and production.
  • The National Bureau of Fish Genetic Resources and the National Fisheries Development Board will collaborate together for the set up of Fish Cryobanks.
  • The government had also launched the Pradhan Mantri Matsya Sampada Yojana with an investment of more than Rs.20 thousand crores for the term 2020-24.
  • The scheme will also help in resolving the challenges and gaps that are present in the production and productivity of fishes.
  • The scheme also aims to address the issues related to the quality and modernisation by establishing a strong framework for the management of the fisheries sector and the welfare of fishers.

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