Department of Fisheries Current Affairs - 2020

Indian Pompano fish cultivation-First Scientific Experiment

On January 8, 2020, the Central Marine Fisheries Research Institute (CMFRI) announced that it has developed viable scientific method to cultivate Indian Pompano fish in ponds. Pompanos are marine fishes.

Cultivating Indian Pompano in ponds will be a good alternative to shrimp. The financial assistance for the scientific invention was provided by the National Fisheries Development Board (NFDB).

Highlights

Upon successful invention of the scientific method to cultivate Pompano fish by CMFRI, it is to be officially cultivated in ponds of Vishakhapatnam. This is the first time a scientific experiment has been done on the cultivation of Pompano fish in India.

The scientific method has recorded 750 grams of meat per fish in open ponds and 1 kg in cages. The method also recorded 95% of survival of the fishes. The method provided 3 tonnes per acre yield and a profit of 25% to 30% of input cost per acre.

Pompano

In 2014, the GoI began the scientific study on Pompano. The CMFRI scientists say that growing Pompano along with shrimp increases the survival chances of the later. This is because, the Pompanos break life cycle of viruses that attack shrimps. GoI is currently planning to implement inter-cropping of these two fishes.

Competitors

The Pompanos are commonly found in Indo-Pacific region. They are widely cultivated in China, Vietnam, USA, Taiwan, Malaysia, Indonesia and Philippines.

Existing Farming Techniques

In India, the Pompano is cultivated through Open sea Cage Farming and earthen pond fresh water farming. The survival rates of open sea cage farming is 72% and that of fresh water farming is 32%.

Interim Budget 2019: Highlights

The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below:

  • 6,000 rupees yearly direct support to farmers through PM-KISAN Programme.
  • Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram- Yogi Maandhan.
  • Present Income Tax rates to continue and full tax rebate up to an income of 5 lakh rupees for individual taxpayers. Standard deduction raised to 50,000, a hike of 10,000 for salaried class.
  • Simplification of Direct tax system and returns to be processed in 24 hours with immediate refunds.
  • 90 per cent GST payers can file quarterly returns.
  • Two per cent interest rebate for Small and Medium Enterprises to get an incremental loan of one crore rupees.
  • Constituting group of Ministers to examine GST burden on home buyers.
  • Digitalization of Customs for export and import transactions.
  • Allocations towards Health care, MGNREGA, SC/ST welfare programmes, Pradhan Mantri Gram Sadak Yojana, Development of infrastructure in North-East has been increased substantially.
  • Rashtriya Kamdhenu Aayog for genetic upgradation of the cow.
  • Separate Department of Fisheries.
  • Electricity connection to all willing families by next month.
  • Allocations to Defence budget crosses three lakh crore rupees for the first time.
  • More than three lakh 38 thousand shell companies deregistered after demonetization.
  • 10 point vision for 2030 to realize India’s social economic potential.
  • India to be a 10 trillion dollars economy in 13 years.
  • Government e-Marketplace – GeM to be extended to all Central Public Sector Enterprises.
  • Container cargo movement to the North-East through Brahmaputra river.
  • Allocation for infrastructure development in the North East increased by 21 per cent.
  • AIIMS to be established in Haryana.
  • Digital connectivity for more than one lakh more villages.
  • National Centre on Artificial Intelligence Centre to be established.
  • Tightening of Cinematograph Act to check piracy.
  • Single window clearance for shooting films for Indian filmmakers.
  • Indigenous development of semi-high speed Vande Bharat Express train
  • The fiscal deficit pegged at 3.4 per cent of GDP.

The Budget was keenly watched as the country is heading for a general election in 2019.