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Economic performance of marine fishingmethods in India
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2009
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Sustainable FisheryDevelopment EconomicsEconomic DevelopmentAgricultural EconomicsLawEconomic GrowthCommercial FishingAgricultural GdpProductivityMarine EconomicsMarine FishingmethodsFisheries ScienceEconomic AnalysisFishery ManagementEconomicsSeafood IndustryNational EconomiesMulti-crore IndustryBusinessSubsistence Level
Fishing in India has gradually transformed from subsistence level to the status of a multi-crore industry during the last six decades. The sector has been contributing consistently around 1.0% to the country’s GDP during the last five years. In 2005-’06, the sector has contributed 1.07% to the country’s GDP and 5.84% to the agricultural GDP (Ministry of Agriculture, 2007).