Financing and Marketing Management

Unit 5 - Role of NABARD in fisheries development

5.7. Lending operations
Fisheries financing started almost four decades ago for small boats and nets in the marine side. But it received a fillip after the introduction of World Bank assisted Marine fisheries and inland fisheries programs during the seventies and eighties. It reached a peak during early nineties after economic liberalization and introduction of shrimp farming. The trend of ground level disbursements in the first three years of the 9th plan indicates a growth rate of 23% during 98-99 from 97-98 and an increase during 99-2000 over the previous year.
The schematic refinance disbursement of NABARD under fisheries sector has generally shown an increasing trend up to the year 1995-96. Subsequently, 1996-97 onwards there was decline in disbursement.