The NFF general secretary further stated that the WTO agreement on fisheries subsidies could cut all subsidies given to fishers for boats, fuel, nets, ice plants, processing units etc but only could benefit China, which harvests around 1,19,43,625 tonnes, which is 14.71 per cent share of global marine catch and had around 5727081496 US and has estimated subsidies share of estimated global subsidies of 32.7 per cent. As compared to India, which had only 3.91 per cent of global marine catch i.e. 31,77,905 and 1 per cent of estimated subsidies share of estimated global subsidies.

Source: The Herald November 18, 2024 16:10 UTC