Country’s first fisheries business incubator launched in Gurugram

Union Minister of Fisheries, Animal Husbandry and Dairying, Shri Parshottam Rupala on November 16, 2021 inaugurated the country’s first-of-its kind, dedicated business incubator to be known as LINAC- NCDC Fisheries Business Incubation Centre (LlFlC) in Haryana’s Gurugram.

  • The Centre will serve as a ‘milestone’ in future for the fisheries sector which is being given a big push under the central flagship Pradhan Mantri Matsya Sampada Yojana (PMMSY) launched in 2020.
  • The National Cooperative Development Corporation (NCDC), an implementing agency for the LIFIC, has identified the first batch of ten incubatees from four states—Bihar, Himachal Pradesh, Gujarat and Maharashtra. Out of them, 6 are from newly-created Fish Farmers Producer Organizations with the support of the financial grant under the PMMSY.
  • Fisheries is a sunrise industries in India, growing at 7 percent rate annually. The Prime Minister has set a goal of 22 million tonnes of fish production and export to the tune of Rs one lakh crore by 2025.

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