Lakshadweep hosts first-ever investors' meet to unlock fisheries, aquaculture potential
Kavaratti (PTI): The Centre, in collaboration with the Lakshadweep administration, has organised a first-of-its-kind investors' meet in the union territory to boost the fisheries and aquaculture sector.
The meet on "Investment Opportunities in Fisheries and Aquaculture Sector of Lakshadweep Islands" was organised at Bangaram Island on Saturday.
The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD), Government of India joined hands with the Lakshadweep administration to organise the event, according to an official statement.
"This was a first-of-its-kind investors' meet in the Island, wherein various Investors from across the country participated. So far, investments to the tune of approximately Rs 519 crore have been envisaged," the statement said.
The event was attended by union ministers Rajiv Ranjan Singh, S P Singh Baghel and George Kurian, along with Praful Patel, the Administrator of Lakshadweep.
An interactive session was held as part of the meet to provide investors with a platform to share experiences and highlight challenges.
They outlined several issues, including transportation of the production to the mainland, cold storage requirements, ice plants, and development of chilled fish handling centres for post-harvest management.
The Investors called for value-added facilities for sashimi-grade tuna, fish oil refining capacities, the requirement of skilled labour, and ornamental fish brood banks for the strategic utilisation of Lakshadweep's Exclusive Economic Zone (EEC) to drive sustainable growth.
In his keynote address, Ranjan Singh said that the Centre issued fishing rules for the EEZ and hence, the fishermen operating there can now legally fish with an authorised "access pass," enabling them to export high-value tuna and other fish products to international markets.
As per international law, fishery resources present in India's EEZ will now be recognised as "Indian origin," which would further facilitate the export of fish products, he added.
The minister further said that the Centre issued the 'High Seas Fishing Guidelines' granting fishing vessels flying the Indian flag the legal right to operate in these waters, it said. He also urged investors to come forward and seize the vast investment opportunities in the sector.
Baghel, in his address, highlighted Lakshadweep's untapped fisheries potential and called for the need to bridge the gap between the archipelago's current production of 14,000 tonnes and its potential of 1 lakh tonnes.
He emphasised that the islands are naturally suited for premium-quality tuna fishing using pole-and-line and handline methods are globally recognised for their clean and sustainable practices. With proper branding, certification, and modern value-chain development, Lakshadweep tuna can access high-end international markets.
He urged exporters to explore newer markets and leverage existing government welfare schemes to strengthen the fisheries value chain.
Minister Kurian focused on emerging investment domains such as seaweed farming and ornamental fisheries, which offer high returns and diversification opportunities.
He emphasised that India must harness its vast EEZ to boost production, strengthen deep-sea fishing, and create value-added seafood products, driving the blue economy forward.
Administrator Patel affirmed the collective commitment to realise Prime Minister Narendra Modi's vision of leading the blue revolution and urged stakeholders to share sector-wise and policy-related suggestions to help frame Lakshadweep's first fishing policy.
Highlighting upcoming initiatives such as the Minicoy airport development and cooperative society strengthening, Patel assured full support to the investors, with plans for a follow-up meeting in Delhi to accelerate progress.
The investors' meet brought together 22 key investors from various parts of the country. Over 200 participants joined in hybrid mode, the statement said.
The event was attended by senior officials from the Department of Fisheries of the Centre and the UT along with local fishermen societies, the statement added.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Real Madrid fines Valverde and Tchouaméni half a million euros each for altercation
Barcelona (AP): Real Madrid slapped players Federico Valverde and Aurélien Tchouaméni with half-a-million-euro ($588,000) fines on Friday for their altercation during practice.
The massive fines came a day after the midfielders tussled when the team trained. Valverde said in a post on social media on Thursday that no punches were thrown. But Valverde knocked his head on a table and he suffered a small cut that required a brief hospital visit.
On social media, Valverde initially called it a “meaningless fight” with a teammate and said “everything has been blown out of proportion."
His employers, however, considered it a significant enough breach of team discipline to nail both Valverde and Tchouaméni with fines that bite even the bank account of a top soccer player. The half-a-million euro penalties reflect the reputational damage the club was enduring in a chaotic end to a disappointing season.
In a statement, the 15-time European champion said its disciplinary action was concluded after both players expressed to the club “their complete remorse for what happened and apologized to one another.”
Madrid added they also apologized to their teammates, the coaching staff and club supporters, as well as showing their willingness to accept whatever disciplinary action the club deemed “opportune.”
Tchouaméni was back training with Madrid on Friday, two days before they play at Barcelona in a clasico. Madrid has to win otherwise Barcelona will be crowned La Liga champion.
After being notified of the fine, he posted a public apology to the club and its fans on social media.
“What happened this week in training is unacceptable,” Tchouaméni wrote. "I say this while thinking about the example we are expected to set for young people, whether in football or at school.
“Above all, I am sorry for the image we projected of the club.”
Valverde was not at practice due to the head knock.
Both players are set to play in the World Cup next month, with Tchouaméni playing for France and Valverde for Uruguay.
Chaotic end to a poor season
===================
The run-in between the players, who for seasons have played side by side in Madrid's midfield, came after they argued this week in previous training sessions. But tempers boiled over on Thursday. Spanish media was rife with reports that the players previously disagreed over the club's decision to let coach Xabi Alonso go after just months on the job.
It was not the only altercation involving Madrid players during training this week. Álvaro Carreras confirmed he was in a “minor” incident with a teammate. Spanish media said he and fellow defender Antonio Rüdiger got into a scuffle.
Álvaro Arbeloa, the coach who was promoted from Madrid's reserve team when Alonso was fired in January, will face tough questions on what went wrong inside the changing room when he gives a press conference on Saturday ahead of the clasico at Camp Nou.
Madrid is facing a second consecutive campaign without a major trophy amid rumors in the Spanish media that club president Florentino Pérez is considering bringing back Jose Mourinho to straighten out his underperforming team.
