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Fisheries Startup Grand Challenge

Kumari Sonali

Fisheries Startup Grand Challenge:

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying In association with Startup India, the Ministry of Commerce and Industry inaugurated the Fisheries Startup Grand Challenge.

  • 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 solutions should be devised for resolving issues across the fisheries value chain for increasing aquaculture productivity from the current national average of 3 tons to 5 tons per hectare, doubling exports earnings and reducing post-harvest losses from 25% to 10%.
  • The challenge is expected to foster start-up culture within the sector and to establish a strong foundation of the entrepreneurial model, the Department of Fisheries has earmarked funds to the tune of Rs. 3.44 Crore for the challenge.

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