Question : RECONSTRUCTION AND DEVELOPMENT FUND FOR MARINE SECTOR



(a) whether the Government have set up reconstruction and development fund for modernisation or marine sector;

(b) if so, the details thereof;

(c) the export made by the marine sector during the last two years;

(d) the export target fixed by the marine sector for 2002-03; and

(e) the incentives proposed to be given to marine sector to boost the marine export during 2002-03?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI RAJIV PRATAP RUDY)


(a) No, Sir.

(b) Does not arise.

(c) The exports of Marine Products from the country during the last two years are given below:-


Year	Value of exports (in millions US $)
2000-2001 1416 2001-2002 1211 ( Provisional)



(d) & (e) Making projections on exports is a continuous exercise based on the prevailing and anticipated market condition. The present projections for export of marine products during 2002-03 are to the tune of US $ 1250 million. With a view to realise the same, the Government have taken several steps, which include schemes for extending financial assistance to the seafood processing industry; steps to upgrade processing facilities to meet international standards of hygiene and quality; expansion of aquaculture; imparting training to aquaculture farmers to adopt sound management practices to prevent outbreak of diseases; assistance to produce value-added products for export; participation by Marine Products Export Development Authority (MPEDA) in international fairs, conducting overseas market surveys; etc.