Bangladesh present situation in financial condition depends on aquaculture and fisheries sector

Title : Bangladesh present situation in financial condition depends on aquaculture and fisheries sector

Abstract:

Bangladesh economically depends on Agriculture, Aquaculture and Fisheries sectors. Bangladesh is the fifth largest aquaculture producer in the world. Aquaculture in Bangladesh has grown rapidly over the last three decades, at an average annual rate of 10.2%, and makes a significant contribution to the country’s rural economy through farm incomes and on- and offfarm employment. Aquaculture also makes an important contribution to food and nutrition security in a national context where fish is by far the most frequently consumed nutrient-rich food. Despite this impressive growth, the characteristics of aquaculture in Bangladesh technical, economic, and in terms of environmental performance and producer behavior remain poorly understood by researchers and policymakers. This is due in part to the rapidity of change and development in the sector, and to the diversity of specialized production technologies that have emerged in response to local comparative advantages in different regions of the country.

Research on the technical characteristics of aquaculture production, the socioeconomic characteristics of aquaculture producers, and the broader impacts of the activity on communities and the environment in Bangladesh has focused on a limited number of technologies primarily traditional homestead ponds and the shrimp farming systems of southwest Bangladesh. However, these production systems now account for only a small fraction of Bangladesh’s total aquaculture output. A variety of newer commercial technologies now account for the majority of production, but remain underreported or unrecognized in the literature. The purpose of this paper is to review the performance of fisheries sector in Bangladesh and the challenges it is facing. Data and information were sourced from the publication of the Department of Fisheries and related non-published grey literature. The income and food security of the population and urges for immediate actions by government and policymakers.

Keywords:  Economically, Agriculture, Water, Aquaculture, Fisheries

Biography:

Haragobinda Baidya is an Executive Director of the Minority Self Empowerment Foundation in Dhaka, Bangladesh. 

Career Info: Friendly and engaging team player and leader able to inspire staff to perform their best. Detail oriented and experienced executive director passionate about social responsibilities. A multi-tasker who excels at Accountability, Administrative technical hand, dynamic leadership, progressive think tanker, behavior changer, expert, in multi tasker, project implementer, master trainer, social motivator, researcher, as well as evaluator in every aspect. Regularly exceed organizational growth. Dedicated volunteer worker in NGO sector and pioneer leader of leadership’s decentralization movement. Global visitor.