In a major effort to increase the domestic fish production in the State, the Central Marine Fisheries Research Institute here will implement a Rs. 15-crore project helping fish farmers to launch 500 cage farming units. The farmers will be offered subsidy and technical support to carry out the cage culture under the scheme, which is funded by the National Fisheries Development Board (NFDB), Hyderabad.
According to the programme, 40% of the total expense will be given as subsidy to the farmers who can conduct farming individually or in groups. Women and those from the SC/ST category will get 60% subsidy.
The programme will be implemented in coastal districts of the State.
Species such as sea bass, pearl spot, cobia, pompano and red snapper will be farmed.
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