Kerala to give more funds to fishermen societies

The Fisheries Department is planning strong measures to prevent exploitation of fishermen by private money lenders.
Fishermen separating fish from net at Kochuveli in T’Puram  | Vincent Pulickal
Fishermen separating fish from net at Kochuveli in T’Puram | Vincent Pulickal

THIRUVANANTHAPURAM: The Fisheries Department is planning strong measures to prevent exploitation of fishermen by private money lenders. Apart from creating a law for managing fish markets, the department plans to infuse fresh capital in Fishermen Development Welfare Co-operative societies, said Fisheries Minister J Mercykutty Amma. Kerala State Co-operative Federation for Fisheries Development (Matsyafed) manages 232 Fishermen Development Welfare Co-operative societies with the participation of 43,330 fishermen in the state.

In the absence of a proper funding mechanism, fishermen depend a lot on fish auctioning and marketing. The department plans greater involvement of the cooperative societies in fish auctioning. By appointing auctioneers by co-operative societies, fishermen can expect a fair deal.

During the auction, a 5 pc margin is expected and out of which the auctioneer, Matsyafed and co-operative society will get one per cent each.The fishermen will get the rest - 2 pc.

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