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Amit Saraogi Expects favourable policy for marine fishery, aquaculture and mariculture From Budget 2020

Pre budget expectations From Mr. Amit Saraogi, director , Anmol Feeds Pvt Ltd

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If the govt aims to double the income of farmers by 2022, then certain measures should be taken within the upcoming Union budget. Firstly, for the poultry sector, the charge for growing a chick, just in case of contract farming should be increased from Rs 6 to Rs 12 per chick. this may help the farmers make some profit for his or her efforts. Farmers within the poultry and aquaculture sector should tend access to capital. Moreover, loans given to aqua farmers should be considered as secured loans as there's guaranteed returns in fish farming.



The Pradhan Mantri Matsya Sampada Yojana which was announced within the last Union budget is yet to urge approval from the cupboard because the scheme aims to spice up fish and aquatic products through appropriate policy, marketing and infrastructure support, it'll be highly beneficial for the aqua farmers if the scheme gets implemented. The budget should take concrete steps to make sure the scheme gets cabinet approval at the earliest.



The newly formed fisheries ministry is already drafting an INR 45,000 crore allow subsequent five years that might cover all aspects of fishing. Fish is that the highest and easiest profit-making commodity and it's a sector which will provide employment. Returns are almost guaranteed in fish farming. At least, for subsequent five years this sector won't see any setback. Hence, an overarching policy that might promote marine fishery, aquaculture and mariculture are going to be favourable for the world .



The livestock sector has been incurring losses from the past year thanks to shortage of raw materials, especially maize and soya. the govt should allow import of Genetically Modified maize and soya for feed manufacturers which can help to bring down the worth of the raw materials considerably and so as make feed cheaper to farmers.



Also, it'll be useful, if under the Export Promotion Capital Goods scheme, a waiver is given to shrimp/fish feed plants on retrospective basis against the import of kit .

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