Seaweeds are numerous types of marine plants and macro algae that thrive in rivers, lakes, and other bodies of water.
- Cultivation of seaweeds are part of aquacultures. Fishing and aquaculture sector contributes 1.5% of India’s GDP.
Significance of Seaweed Farming
- Economic: Valuable for bioactive compounds and applications in food, pharmaceuticals etc.
- Environmental: Important role in Carbon Sequestration & climate resilience.
- Nutrition imperative: Provide vital minerals and Vitamins like A, B1, B12, etc.
Challenges faced by Seaweed Farming
- Lack of a comprehensive policy framework,
- Lack of availability of quality Seeds
- Ecological concerns (Exotic species impact on biodiversity and coral reefs).
Recommendations For Promoting Seaweed Farming
- Regulatory and governance reforms: Forming National Steering Committee; Priority Sector Lending (PSL) for seaweed, etc.
- Social Security and Financial Support: Providing crop insurances; mobilization of farmers through SHGs etc.
- Infrastructure and institutions: Establishment of seed banks, processing centers, marketing centers etc.
Steps taken
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