France Loan To Up Fish Yield

Guwahati: The Assam fishery department has approached Agence Française de Développement (AFD), a public development bank of France, for Rs 1,767-crore loan to develop indigenous breeds of fish in 700 beels (wetlands) across the state.

Sources in the fishery department said the bank has, in principle, approved the fishery department's Wetland Conservation and Protection Project and a team will visit the state in July for "identification-cum-appraisal".

The source said the bank will give Rs 500 crore as the first instalment to rejuvenate 500 derelict wetlands with potential of fish farming. Another 200 wetlands in forest land will be covered under the project.

Along with giving employment avenues to local residents, the scheme will go a long way in preserving the flora and fauna of these wetlands, he added. "The project lays emphasis on production of indigenous varieties of fish," the source said.

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