Chief Minister K. Chandrashekar Rao on Tuesday said the State government will take steps to exploit the potential of fisheries and aquaculture.
He said the government would allot necessary funds in the upcoming budget so as to reap the potential, which is pegged at Rs. 5,000 crore, and also set up two specialised colleges for fisheries sciences.
“As per the expert reports our state has the potential to get Rs. 4,500 crore to Rs. 5,000 crore worth of fisheries. We will allot more funds in the upcoming Budget and ensure that the state exploits the full potential,” Rao said during a debate on ‘Development of Fisheries in the State’ in the Legislative Assembly.
“We will also plan to set up two fisheries colleges in the State — one in southern Telangana and the other in northern Telangana,” he added.
Rao said the government would provide equipment such as nets, modern motor boats and other tools to fishermen.