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    ORNAMENTAL FISHERIES RESEARCH UNIT

    India has robust regulatory, safety framework for seafood units: Commerce min

    MPEDA also enrols aquafarms to bolster the traceability system of aquaculture products and adhere to national and international regulatory provisions, including Seafood Import Monitoring Programme (SIMP) of the US.

    Coalitions at WTO to help India push for open payment systems adoption, cut remittance cost: GTRI

    India is advocating for the adoption of open and interoperable payment systems, such as UPI (Unified Payments Interface), among WTO (World Trade Organisation) members to reduce the cost of remittances. The challenge of high remittance costs, averaging 6.18% globally, is a key issue India aims to address at the ongoing WTO's 13th Ministerial Conference (MC13) in Abu Dhabi.

    India making waves as WTO tries to net fishing deal

    India's influence on the new global fisheries subsidy agreement is crucial as the World Trade Organization prepares for its ministerial conference. Negotiations have led to a draft text, but India's push for a 25-year exemption for developing countries raises concerns about the agreement's effectiveness. Trade economist Christine McDaniel emphasizes the need for transparency and automation in implementing the agreement to combat overfishing.

    It was full budget for some: 7 mid and smallcap stocks from fisheries, animal husbandry sector

    While it was an interim budget with no change in taxation laws and many other parts, for some sectors it was literally a full budget. The reason, the announcements made for them were pretty similar to what has been done in the past when a full budget is presented. So, when an announcement about fisheries, animal husbandry or rural housing is made, the companies in the whole chain will get impacted in a similar manner had these announcements been made in a full budget. From an perspective of investing what needs to be realized is that in the last couple of years, there has been an effort on the policy level that other parts of the rural economy which are not agricultural related get the boost. Given the fact that it is not an easy task to change the rural income matrix, it might take some time for them to get reflected in the bottomline and not every company in the chain would be able to do it also.

    Climate change is depleting fish & seafood at an alarming rate

    ​ An expansive growth of human populations globally puts immense pressure on the health of wild fish stocks

    Parsottam Rupala asks for international cooperation and collaboration for sustainable growth of fisheries

    Rupala said that the GPS system should be made user-friendly to the fishermen, utilising the global expertise and technologies. Cost-effective and reliable technologies are essential for marine navigation to be truly beneficial to fishermen venturing into the sea, the Minister said.

    The Economic Times
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