3.4. Investment in fisheries sector

Unit 3 - Fisheries development over five year plans
3.4. Investment in fisheries sector
One of the indicators of development policies and programmes is the allocation of resources for respective sector over different periods. Analysis of the allocation of funds highlights the push given for development of fisheries sector. The outlay for fisheries sector was about 5.13 crore in the first five year plan and it went to Rs. 1,946 crore in the X plan. Table 3.4 highlights the financial outlay made for fisheries sector during different plan periods in India.

Table 3.4 Outlay for fisheries sector during different Five –Year Plans, India. (Rs. in crores )

Five Year Plan

Total outlay

Outlay for agricultural sector

Outlay for fisheries sector

Share of fisheries sector (per cent)

Total outlay

Agricultural outlay

First

(1951-1956)

2378

354

5.13

0.22

1.45

Second

(1956-61)

4500

501

12.26

0.27

2.45

Third

(1961-66)

8577

1089

28.27

0.33

2.60

Annual Plan

(1966-69)**

6625

1107

42.21

0.64

3.81

Fourth

(1969-74)

15779

2320

82.68

0.52

3.56

Fifth

(1974-79)

39426

4865

151.24

0.38

3.11

Annual Plan

(1979-80)

12177

1997

-

-

-

Sixth

(1980-85)

97500

5695

371.14

0.38

6.52

Seventh

(1985-86 to

(1989-90)

180000

10525

546.54

0.30

5.19

Annual Plan

(1990-92)

123120

7256

292.74

0.24

4.03

Eighth

(1992-93 to

1996-97)

434100

22467

1205.39

0.28

5.37

Ninth

(1997-2002)

859200

42462

2069.78

0.24

4.87

Tenth

(2002-07)

1525639

58933

1946.44

0.13

3.30

Source: GOI (2008). Handbook on Fisheries Statistics. New Delhi: Ministry of Agriculture

From the Table 3.4 it can be noticed that fisheries share in the total plan outlay was hovering from 0.22 per cent in First Five Year plan to 0.52 per cent in IV plan and decreasing thereafter continuously and it received only 0.13 per cent in X plan, in spite of that the sector has been growing at an annual growth rate of 5 per cent in the last two and half decades. Similarly, its share in agricultural outlay has increased from 1.45 per cent in First plan to 6.52 per cent in VI plan and it is slowly declining since then and is about 3.30 per cent in X plan. However, the status of fisheries sub-sector is better, when compared to that of agricultural sector as a whole. Because, the per cent allocation to agricultural sector in the total plan outlay started declining from IV Five year Plan onwards and is continuously decreasing further, which is a great concern for the sector’s growth. Its share in First Fiver Plan was about 15 per cent and it went to 17.16 per cent in IV plan and is now only 3.86 per cent in X plan. Considering the general importance given to agricultural sector, the preference received by the fisheries sub-sector in the plan outlays is still reasonable. This shows greater importance given to fisheries sub-sector within agriculture. Financial allocation/expenditure on the development of fisheries in Karnataka is presented in Table 3.5.

Table 3.5 Financial Allocations for Fisheries Development under Various Plans (Rs. in Crores).

Sl. no.

Plan period

India

Karnataka

Total plan outlay

Expenditure on fisheries

Total plan expenditure

Expenditure on fisheries

1.

I Plan (1951-56)

2378

2.78

(0.14)

405.3

0.30

(0.08)

2.

II Plan (1956-61)

4500

9.06

(0.19)

1442.7

4.94

(0.35)

3.

III Plan (1961-1966)

8577

23.32

(0.31)

2641.4

23.61

(0.89)

4.

Annual Plans (1996-69)

6625

32.67

(0.49)

1909.6

22.24

(1.16)

5.

IV Plan (1969-74)

15779

54.11

(0.34)

3598.5

28.57

(0.79)

6.

V Plan (1974-79)

39426

115.11

(0.29)

8523.3

32.11

(0.38)

7.

VI Plan (1980-85)

97500

286.95

(0.29)

2710.1

73.20

(0.27)

8.

VII Plan (1985-90)

180000

477.59

(0.26)

35000.0

299.00

(0.85)

9.

VIII Plan (1992-97)

434100

1118.46

(0.25)

N.A

901.06

10.

IX Plan (1997-2002)

859200

1414.41

(0.16)

N.A

1380.46

11.

X Plan (2002-2007)

1525639

1163.25 (up to 2004-05)

51948.04

1692.5

(3.26)

Note: Figures in the parentheses show the percentage to total.
Source: GOI (2008) Handbook on Fisheries Statistics. New Delhi: Ministry of Agriculture.
GOK (1986) Statistical Bulletin of fisheries. Bangalore: Directorate of fisheries.
GOK (1989) Statistical Bulletin of fisheries. Bangalore: Directorate of fisheries.


It is evident from the above table that, there has been a quantum jump in the expenditure for the fishery sector both in the central and state sectors since third plan. This is due to the consideration of the importance of fishery industry as a potential source of employment and income generation. However, the expenditure on fisheries is marginal in the state when compared with the country.



Last modified: Tuesday, 3 January 2012, 10:59 AM