Global fisheries and aquaculture hard hit by COVID-19 pandemic, says FAO report

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Global fisheries and aquaculture have been hard hit by the COVID-19 pandemic and could face further disruption in 2021 as lockdowns affect supply and demand across the sector, according to a report by the Food and Agriculture Organization of the United Nations (FAO). Fish supply, consumption and trade revenues for 2020 are all expected to […]

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Interview – Fresh to Home dreams big as pandemic pushes e-commerce expansion

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Bengaluru-based online fresh fish and meat retailer FreshToHome has seen an uptick in business since March 2020, as people are veering more towards online shopping. Mathew Joseph, the company’s CoFounder and COO talks to indoasiancommodities.com about the company’s growth so far and its future expansion plans.   How has the year 2020 been for your Fresh to Home? […]

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Interview – Funding support emboldens Captain Fresh to aim for 100 tonnes daily seafood sales in 2-3 years

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Bangalore-based seafood marketplace start-up Captain Fresh will be looking at a major expansion in the next two to three years after receiving a $2.3 million pre-series funding recently, its founder and chief executive officer said. The funding round, led by Ankur Capital, also saw participation of Incubate Fund India and Silicon Valley-based angel investors. “The […]

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India looks to boost “Blue Economy” by focusing on fisheries for higher economic growth

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The Pradhan Mantri Matsya Sampada Yojana (PMMSY) aims to enhance fish production to 220 lakh metric tons by 2024-25 from 137.58 lakh metric tons in 2018-19 at an average annual growth rate of about 9 per cent. The Union Minister for Fisheries, Animal Husbandry and Dairying, Shri Giriraj Singh, today said the ambitious scheme will result in doubling export […]

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Finance Minister promises more credit for agriculture during the next fiscal in her Union Budget 2020 speech

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Finance Minister Ms Nirmala Sithraman announced an agricultural credit target set to Rs 15 trillion for next fiscal in her budget speech. Rural development and Panchanyati Raj were allocated Rs 1.6 trillion by the minister. She listed 16 action points for ‘aspirational India’ in her speech. The state governments who are already implementing three model […]

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Goa High Court asks FSSAI to submit report on standards for natural formalin in fish

The Goa High Court has asked the Food Safety and Standards Authority of India (FSSAI) to submit a report on specific standards regarding naturally-occurring formalin in fishes. The court has asked the apex food regulator to submit its report last month by November 28, 2019. According to reports, it has directed FSSAI’s executive officer to […]

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