• Wednesday, Aug 10, 2022
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Budget FY22: Fisheries and livestock sector gets Tk244cr hike

  • Published at 08:12 pm June 3rd, 2021
Ministery of Fisheries and Livestock (Bangladesh)
Ministery of Fisheries and Livestock (Bangladesh) Collected

Government aims to expand existing facilities for fisheries, poultry and dairy sectors to promote local farmers

With the aim of keeping up with the growing demand for protein intake for an increasing population, the government has proposed an increase in the budget for fisheries and livestock.

Finance Minister AHM Mustafa Kamal on Thursday proposed Tk3,437 crore for the Ministry of Fisheries and Livestock for FY2021-22, which is a Tk244 crore increase from last fiscal year's Tk3,193.

The government has also proposed expanding existing facilities for fisheries, poultry and dairy sectors as a measure to promote local farmers.

Stating that a mobile market system had been introduced to facilitate the marketing of fish and fish products and animal and livestock products, Kamal said: "An  amount of Tk7,286 crore worth of fish, meat, milk, eggs and other  fisheries and livestock products were sold from April 2020 to December 2020 through mobile and online sales system."

"Cash incentives to the tune of Tk568.87 crore [of which 468.87 crore are in the livestock  sector and Tk100 crore for the fisheries sector] have been provided to 407,402 dairy and poultry farmers and 78,074 fish farmers, who have  been affected by the Covid-19 pandemic, through Nagad, Bkash and  bank accounts." 

He said: "A project, ‘Community-Based Climate Resilient  Aquaculture Development Project in Bangladesh’, is being implemented to  address the negative impact of climate change on the fisheries sector. 

"A project, entitled ‘Climate Smart Agriculture and Water Management Project’,  is also in the process of approval."

He told parliament that the Halda River had been declared as "Bangabandhu Fisheries Heritage." 

"Farmers are being supplied with chickens of the "shubra’ variety, which can survive in the local environment at low cost," the minister said. He added that the government would provide technical services at the farm level through mobile fish clinics to fish farmers. 

"In addition, there is a plan to distribute nationwide germplasms for the conservation of local small fish species," he added.