⇒ The Department of Fisheries, Government of India in association with Startup India, Ministry of Commerce and Industry inaugurated the “Fisheries Startup Grand Challenge” on 13th January 2022.
- The result of the application will be announced on 31st May 2022.
The challenge has been launched with an objective to provide a platform to start-ups within the country to showcase their innovative solutions within the Fisheries and Aquaculture sector.
The following themes have been identified for submission of problem statements under the Fisheries Start-up Grand Challenge.
» Enhancing quality of production in fisheries and aquaculture sector
- Design and develop technology / solutions for enhancing the productivity so that the fishers & fish farmers can achieve better price realization
» Design and develop infrastructure solutions across the fisheries and aquaculture value chains
- Develop infrastructure and post-harvest management solutions that will enable fishers, fish farmers in creating value addition, value creation and value realization ensuring minimal wastage across the fisheries value chain
» Innovative branding and promotion for increasing consumption of fish and fish products
- Develop business solutions and outreach activities that will make fish and fish products easily accessible, acceptable and popular among the meat consuming population in the country
» Innovative solutions for combating environmental issues related to fisheries and aquaculture sector
- Develop sustainable solutions to reduce/stop soil erosion, siltation of the water bodies and develop eco-friendly solutions for costal fishers
Background:
- Globally, India accounts for more than 10% of the fish diversity and ranks 2nd in the world in total fish production.
- Currently, the aquaculture market is estimated to be $17 billion, wherein 92% of production output comprises fish.
- The Indian aquaculture market is expected to reach $19 billion by 2022 and double the production and exports in the next 5 years.