PwC, PricewaterhouseCoopers (2022) Championing the blue economy: Promoting sustainable growth of the fisheries sector in India. PricewaterhouseCoopers Private Limited (PwC), p. 38.
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The global food demand is expected to increase rapidly due to the growing world population. Owing to the rapid depletion of land-based resources and the growing impact of climate change, attempts are being made to boost food production in order to meet this rising demand. In this situation, fish has a significant role to play as it is an affordable source of animal protein and has a lower impact on the environment. Globally, fish production has grown by 41% in the last two decades, largely due to the rise of aquaculture. In order to fill the gaps in the fisheries value chain and strengthen stakeholder participation, collectivisation of fish farmers and fishers is considered as one of the key interventions to improve access to investments, infrastructure, technology, inputs and markets. Fish farmer producer organisations (FFPOs) help to strengthen the collectivisation efforts in the fisheries sector. These organisations can serve as an institutional platform for delivery of products and services, market linkages, and credit and capacity building for fishers and fish farmers. Improving production efficiency sustainably is the need of the hour. Innovative production techniques like RAS systems, biofloc technology, aquaponics, cage culture and mariculture can help in the development of a modern and efficient production ecosystem. For example, in India, mariculture has a projected annual production capacity of 4–8 million tonnes. However, the current actual production in the country is negligible.10 Mariculture has huge potential to create sustainable livelihoods for marine fishers. Collection and analysis of data by using transponders, satellites and drones is one of the crucial aspects for managing the marine fish population, and will also help in precision fishing. Adoption of emerging technologies like big data, blockchain, automatic identification system (AIS) and IoT-based supply chain systems can help in minimising losses, improving traceability and achieving sustainability. Traceability systems can provide reliable end-to-end tracking from production to consumption, thus translating into better profit margins, enhanced customer loyalty and improved brand reputation. Moreover, FishTech companies and entrepreneurs can be encouraged to contribute to this growing sector with innovation, technology, extension services, supply chain and retail marketing. A combination of technology adoption, sustainable vision, strong policy support and inclusive participation of key stakeholders can help in achieving the sector’s full potential.
| Item Type: | Documents |
|---|---|
| Keywords: | India, Blue Economy, Climate Change, Value Chain, Stakeholder, Livelihoods, Marine Fisheries, Sustainable Fisheries, Fish Productions, Automatic Identification System (AIS), Sustainable Development |
| Subjects: | Right to Resources |
| Depositing User: | Kokila ICSF Krish |
| Date Deposited: | 01 Mar 2025 12:02 |
| Last Modified: | 01 Mar 2025 12:02 |
| URI: | http://icsfarchives.net/id/eprint/21087 |
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