report of the working group on improvement of banking services

More documents

Recommendations

Info

52 trade with an annual size <strong>of</strong> US $2.25 billion. However, striking a balance between conservation <strong>of</strong> <strong>the</strong> lagoon resources and its sustainable use need careful planning and community participation. Developmental Issues <strong>of</strong> <strong>the</strong> UTL Fisheries Skipjack Fishery 5.9 The pole & line fishery for Skipjack Tuna (Katsuwonus pelamis) will continue to be <strong>the</strong> major economic activity <strong>of</strong> <strong>the</strong> UTL considering <strong>the</strong> traditional linkages and <strong>the</strong> number <strong>of</strong> people involved in this sector. In order to maximise <strong>the</strong> pr<strong>of</strong>itability <strong>of</strong> this fishery, <strong>the</strong> upgradation <strong>of</strong> craft and gear is an immediate priority. The introduction <strong>of</strong> Malddevian type pole & line boats with higher operational efficiency will speed up <strong>the</strong> development <strong>of</strong> <strong>the</strong> Skipjack fishery. Establishment <strong>of</strong> more FADs, facilities for availability <strong>of</strong> satellite based information on <strong>the</strong> Skipjack shoal movements in each island need to be ensured. A community based lagoon management system is required to sustain <strong>the</strong> stocks <strong>of</strong> bait-fishes at safe levels. Similarly, non-availability <strong>of</strong> <strong>working</strong> capital is said to be a major reason for <strong>the</strong> skipjack fishermen to depend on traders / middlemen from mainland resulting in low price realisation. Satellite based information on potential fishing zone (PFZ) around <strong>the</strong> islands being supplied by Indian National Centre for Ocean Information Services (INCOIS), Hyderabad is made available to <strong>the</strong> fishermen in all islands on regular basis. Oceanic Fishery 5.10 Yellowfin Tunas, Sharks, Perches, Seer Fishes, deep sea Lobsters and Cephalopods are some <strong>of</strong> <strong>the</strong> most important and valuable resources <strong>of</strong> <strong>the</strong> Lakshadweep sea which can change <strong>the</strong> UTL economy. Modern vessels with all facilities for Long lining are required for harvesting Yellowfin Tunas which are fast swimmers and transcontinental migrators. Specialised vessels with facilities to operate Large mesh Drifting Gill nets, Troll lines are required for fishing Sharks, Seers, Baraccudas. Valuable Perches and Cephalopods can be caught with vessels capable <strong>of</strong> setting Traps and Jigs in oceanic waters. For successful operation <strong>of</strong> <strong>the</strong>se specialised crafts shore based supporting infrastructure need to be developed.
53 Processing and Marketing <strong>of</strong> Tuna 5.11 The latest information on international Tuna trade indicate that <strong>the</strong>re is a global supply shortage for all high value Tuna products like Sashimi, Frozen Tuna loins, Katsuobushi and even <strong>the</strong> raw material for canned Tuna and <strong>the</strong> UTL is exploiting just 16% <strong>of</strong> its Tuna resources that too based on a single commodity. The present system <strong>of</strong> single-product-single-market (ie Masmin to Srilanka) may not be sustainable in <strong>the</strong> long run. The beach based processing needs significant quality improvement for sustaining <strong>the</strong> trade <strong>of</strong> this export commodity. The Yellowfin Tuna with a body weight <strong>of</strong> 30 Kg and more can be processed as Sashmi Grade Tuna and can be traded globally. Sashmi grade products are for raw consumption and <strong>the</strong> raw material should undergo specialized handling and freezing onboard followed by air lifting. Such high value products will help <strong>the</strong> fishermen to realise upto Rs. 200 per kg against <strong>the</strong> present level <strong>of</strong> Rs. 20-25 per kg. The enormous potential available under this sector is totally untouched. Canneries & Cold Chain 5.12 The present canning plant at Minicoy has outlived its life. The existence <strong>of</strong> cannery facilities will help to prevent fluctuations in <strong>the</strong> basic price <strong>of</strong> this perishable commodity. Considering <strong>the</strong> distance <strong>of</strong> each island from <strong>the</strong> prospective fishing grounds, modern canneries are required to be established in Minicoy and Agati. In order to tap <strong>the</strong> potential <strong>of</strong> <strong>the</strong> emerging markets for Tuna loins, blast freezers with clod storage facilities are required in strategic locations in <strong>the</strong> UTL. Appropriate infrastructure developments are also required at <strong>the</strong> Agati air strip to handle frozen cargo.
Page 1 and 2: REPORT OF THE WORKING GROUP ON IMPR
Page 3 and 4: 3 3. The islands experience tropica
Page 5 and 6: 5 There are no Regional Rural Banks
Page 7 and 8: 7 Financial education can play a me
Page 9 and 10: 9 8. All the islan
Page 11 and 12: 11 Constitution of
Page 13 and 14: 13 Chapter 2 A PROFILE OF THE UNION
Page 15 and 16: 15 TABLE-2.2 DECENNIAL GROWTH RATE
Page 17 and 18: 17 Government departments functioni
Page 19 and 20: 19 Land Utilisation Pattern 2.16 Th
Page 21 and 22: 21 Banking Profile
Page 23 and 24: 23 2.38 Lakshadweep is a crime free
Page 25 and 26: 25 growth of depos
Page 27 and 28: 27 The island-wise position <strong
Page 29 and 30: 29 Co-operative Structure 3.5 UTL i
Page 31 and 32: 31 Table 3.4 (Rs. in crore) Names <
Page 33 and 34: 33 The Working Group met members <s
Page 35 and 36: 35 Role of NABARD
Page 37 and 38: 37 Chapter 4 DEVELOPMENT OF AGRICUL
Page 39 and 40: 39 Land Utilisation Pattern 4.4 The
Page 41 and 42: 41 (g) Copra making is traditional
Page 43 and 44: 43 wood crafts, mushroom cultivatio
Page 45 and 46: 45 Suggestions to improve Agricultu
Page 47 and 48: 47 Chapter 5 DEVELOPMENT OF FISHERI
Page 49 and 50: 49 Bait Fish fishery 5.4 The Pole &
Page 51: 51 As illustrated in the</s
Page 55 and 56: 55 national resources from
Page 57 and 58: 57 Chapter 6 TOURISM DEVELOPMENT 6.
Page 59 and 60: 59 While the touri
Page 61 and 62: 61 Chapter 7 SUMMARY OF SUGGESTIONS
Page 63 and 64: 63 8. Banks and NABARD can contribu
Page 65 and 66: 65 Suggestions for fisheries develo
Page 67: 67 4. More uninhabited islands may

report of the working group on improvement of banking services

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?