Page 76 - BFSI CHRONICLE 10 th Issue (2nd Annual Issue ) .indd

BFSI Chronicle, 2 Annual Issue, 10 Edition July 2022
th
nd
KISAN

CREDIT CARD

SCHEME

Er. Sunil Dasari, (Farmers engaged in Agriculture Allied Activities
Senior Manager, Bank of Maharashtra, including Fisheries/ Aquaculture)
Head Offi ce, Puna

rd
India is the 3 largest Fish Producing and 2 Larg-
nd
est Aquaculture Nation in the World after China.
The ‘Blue Revolution’ in India demonstrated im-
portance of Fisheries and Aquaculture sector.

The Sector is considered as a Sunrise Sector and is poised to play a signifi cant role in the Indian Economy in near
future. In the recent past, Indian Fisheries Sector has witnessed a paradigm shift from Marine dominated fi sheries

to Inland fisheries, with the latter emerging as a major contributor of fish production from 36% in the mid-1980 to

70% in the recent past. Within Inland Fisheries, a shift from Capture to Culture-based Fisheries has paved the way
for sustained Blue Economy.
Even though Aquaculture and Inland Fisheries have grown-up in absolute terms, the development in relation of their
potential is still to be understood. The unutilized and underutilized resources, in the form of 191,024 km of Rivers
and Canals, 1.2 million Ha of Floodplain Lakes, 2.36 Million Ha of Ponds and Tanks, 3.54 million Ha of Reservoirs
and 1.24 Million Ha of Brackish Water resources offer Great Opportunities for enhanced production along with Live-
lihood Development and ushering Economic Prosperity.
In the year 2018-19 budget the Union Government had declared their decision in order to extend
the Kisan Credit Card (KCC) facilities to

 Animal Husbandry farmers and
 Fisheries (AH & F)

The Institute Of Cost Accountants Of India

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