AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

The Punjab fisheries department will soon launch 'pilot shrimp farming cluster' development project at a cost of Rs 2.647 billion on 2500 acres of land in the province.

Farmers under this programme will be given subsidy on seed and fish for three consecutive years to help them become self-sustainable. The project is in line with the department's mission of ensuring availability of protein to masses; lower the malnutrition and exploitation of untapped natural resources and uplifting of socio-economic condition of fish farmers.

Sources told Business Recorder on Monday that Muzaffargarh has been identified to carry out this pilot project as saline water area of the district is most suitable for fish production. Applications have been received from farmers to join this programme during the first year of this project. These applications are under scrutiny and successful candidates will be announced shortly.

Successful candidates will be given 75 percent subsidy on seed and feed during the first year of the project and 50 percent during the second year, so that farmers do not rely on any subsidy or assistance for good.

Farms on 1250 acres to be developed during the first 1-3 year of this project while another 1250 acres of land would be brought under shrimp farming in the last two years of this project with same methodology of extending 75 percent subsidy on seed and feed in first year and 50 percent during the next year, sources added.

Director General Department of Fisheries Punjab Dr Sikandar Hayyat commenting on the project said that the department is trying to expand fisheries production in saline areas while it has also established an aquaculture research lab in Muzaffargarh to explore the true potential. He said that the Project Implementation Unit (PIU) is also arranging training of fish farmers for promoting different fish producing methods such as shrimp farming and cage cluster development etc.

Copyright Business Recorder, 2020

Comments

Comments are closed.