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.