Prolonged lockdown caused Tk30cr loss for fisheries in Mymensingh
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
FRIDAY, MAY 20, 2022
FRIDAY, MAY 20, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Prolonged lockdown caused Tk30cr loss for fisheries in Mymensingh

Bazaar

Hossain Shahid
29 April, 2020, 11:55 am
Last modified: 29 April, 2020, 02:12 pm

Related News

  • North Korea's Dr Fauci? Health official emerges as face of Covid campaign
  • Shanghai detects new infections after five days of 'zero Covid'
  • North Korea hails 'good results' on Covid as fever cases pass 2 million
  • China relaxes some Covid test rules for US, other travellers
  • New York Times pauses return to office for workers

Prolonged lockdown caused Tk30cr loss for fisheries in Mymensingh

Experts say that under certain conditions, the sector can improve from the crisis

Hossain Shahid
29 April, 2020, 11:55 am
Last modified: 29 April, 2020, 02:12 pm
Photo:TBS
Photo:TBS

Fish is the source of around 60 percent of animal protein in the country, and a sizable number of people are involved in fishing. But the fisheries sector faced a crisis over the recent Covid-19 outbreak across the country.

Experts say that the sector can improve from the crisis under certain conditions. The people involved need promotional schemes like refinancing announced by the government.

March and April is the season for fish cultivation. But hatchery owners and ordinary growers in Mymensingh are in huge trouble because of the coronavirus outbreak.

The people involved said that they face problems like transportation shortage, unavailability of fish feed, reduction in fish pollen production, worker shortage, and fall in price.

Sanjay Goswami, manager of Reliance Aqua Farm in Mymensingh Sadar said that his nursery supplies fish pollen to different parts of the country. But fish pollen worth one crore has been stuck in his nursery as the farmers cannot collect it because the lockdown.

Many fishermen were supposed to sell their fish before Ramadan, said A S M Sanwar Rasel, senior fisheries officer at Iswarganj upazila in Mymensingh.

"Since the wholesale price has dropped, they did not sell the fish and kept them in the ponds. It is also increasing the production cost. But they were supposed to deal with fresh pollen by this time," he said.

Data from fisheries department of Mymensingh division shows that this sector alone experienced a financial loss of around Tk30 crore in the past two months. Approximately 3,500 fish farmers suffered losses.

Abdul Mazid, the deputy director of the fisheries department of Mymensingh, said that the situation is still under control. But if the lockdown is extended, it may cause trouble, he added.

Abdul Quadir Tarafder, general secretary of the Bangladesh Fish Hatchery Owners Association said that April and May is the best time to release fish pollen. But the supply of pollen has reduced due to the lockdown.

"Many farm workers are not willing to work because of the coronavirus outbreak. It is causing damage to everyone related to the fish farming industry, and it may also lead to a long-term loss in this sector of Bangladesh," he added.

Meanwhile, the government has launched a refinancing scheme of Tk5,000 crore to supply capital in the agriculture sector. The scheme has been formulated to provide low-interest loans to all agricultural sectors including fisheries.

But key people say that the fund should reach farmers by June, otherwise it will be difficult for fish farmers to start production.

Fisheries experts think that not selling fish and failure to start new production on time will have some long-term impacts, and the country may face shortage of animal protein.

But if fishery entrepreneurs get quick financing, it may reduce the crisis to some extent, they said.

Economy / Top News

fisheries / Mymensingh / lockdown / COVID-19

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US growth seen outpacing China’s for first time since 1976
    US growth seen outpacing China’s for first time since 1976
  • BNP misinterpreting PM's comment over Padma Bridge: Quader
    BNP misinterpreting PM's comment over Padma Bridge: Quader
  • Transparency International Bangladesh
    TIB calls for independent Economic Strategy Advisory Committee

MOST VIEWED

  • Milk: Pricier at retail level, yet farmers deprived of fair price
    Milk: Pricier at retail level, yet farmers deprived of fair price
  • Onion prices need to be fixed to protect both consumers, farmers: Tipu Munshi 
    Onion prices need to be fixed to protect both consumers, farmers: Tipu Munshi 
  • Photo: Collected
    No barrier in wheat import from India: Tipu Munshi
  • Urban areas are already emerging as the new poverty frontier. Photo: Mumit M/TBS
    TCB truck sales apparently draw to a close
  • Mango starts appearing in Rajshahi markets
    Mango starts appearing in Rajshahi markets
  • File photo of onions. Picture: Mumit M/TBS
    Onion price goes up by Tk12 kg in Satkhira

Related News

  • North Korea's Dr Fauci? Health official emerges as face of Covid campaign
  • Shanghai detects new infections after five days of 'zero Covid'
  • North Korea hails 'good results' on Covid as fever cases pass 2 million
  • China relaxes some Covid test rules for US, other travellers
  • New York Times pauses return to office for workers

Features

Mohammad (Mejbah) Mejbahuddin, Former Senior Secretary, Economic Relations Division (ERD), Ministry of Finance, Government of Bangladesh. TBS Sketch

‘No project is being delayed too long at the moment’

5h | Panorama
Dr Shamsul Hoque, Professor, Civil Engineering, BUET. TBS Sketch

‘Planning commission only in the name, there are no planners’ 

5h | Panorama
Masrur Reaz. TBS Sketch

‘To ensure accountability, contract financing should be based on ‘performance based payments’

5h | Panorama
Professor Mustafizur Rahman. Illustration: TBS

Project delays and escalating costs are driven by frequent revisions and lack of good governance

8h | Panorama

More Videos from TBS

Ways to retain body fragrance

Ways to retain body fragrance

6h | Videos
Gazipur restaurant that serves 150 food items

Gazipur restaurant that serves 150 food items

10h | Videos
How to prepare for a job

How to prepare for a job

11h | Videos
Putin's strategies to face Nato

Putin's strategies to face Nato

23h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

3
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

4
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

5
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

6
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab