by Ilhak Tantray
SRINAGAR: A burgeoning wave of entrepreneurship is reshaping the Kashmir Valley, fuelled by government-backed initiatives promoting trout farming as a means of empowering local youth. What initially began as a state-sponsored endeavour has blossomed into a thriving private sector, significantly altering the socioeconomic fabric of the region.
Central to this transformation is the recognition of Kashmir’s abundant water resources and the lucrative prospects offered by trout farming. With an annual production averaging 600 tonnes, valued between Rs 13 to 20 crore, the industry not only sustains itself but also fosters community development.
The Ministry of Fisheries has emerged as a pivotal player in this venture, extending a grant of Rs 5.50 lakh coupled with a 50 per cent subsidy to individuals venturing into trout farming. This support has ignited a palpable sense of enthusiasm among aspiring young Kashmiris, eager to capitalise on the burgeoning market with governmental backing.
Gulam Jeelani, a stalwart of the fisheries department, lauds the efficacy of the private sector in advancing trout farming. Approximately 600 units have been established across Kashmir, yielding tangible results and spurring economic growth.
Recognising the sector’s burgeoning significance, all beneficiaries are now eligible for a 50 percent subsidy in addition to the Rs 5.50 lakh grant, facilitating their foray into trout farming. Notably, residents of Kulgam district have emerged as trailblazers, actively establishing their trout farms with robust governmental support, aiming to carve a niche in the market.
Junaid, a fishing entrepreneur, exemplifies the success stories emerging from the valley. Inspired by peers, he leveraged a government grant to establish his trout farm, which currently operates on a sizable plot of land, boasting an annual production averaging two tons.
Despite the industry’s buoyancy and inspiring success narratives, challenges loom on the horizon. Market fluctuations pose hurdles for farmers like Junaid, with oversupply in certain regions triggering price volatility and instilling apprehension among growers.
“Amidst these challenges, the Fisheries Department has introduced comprehensive guidelines aimed at bolstering farmer resilience and optimising resource utilisation,” remarked Jeelani.
While trout farming has witnessed a post-privatization decline, with 120 units concentrated solely in the Kulgam district, innovative measures are being deployed to enhance transportation efficiency. Mobile vans, equipped with oxygen tanks to ensure the trout’s welfare during transit, now ply goods to Srinagar, facilitating market access for farmers.
“We are grateful for the financial assistance extended by the government, including a 50 per cent subsidy of Rs 5.50 lakh through initiatives like PMMSY and HADP. However, continued support from stakeholders remains imperative,” emphasised Junaid.
Besides, locales such as Tangmarg, Kreeri, Kalantra, and Trikanjan in Uri have emerged as prominent producers in the Baramulla district, underlining the widespread impact of trout farming.
“Informing the public about government initiatives to promote economic empowerment fosters community cohesion and collective prosperity. Let us collectively strive to disseminate knowledge, empowering every individual to contribute to the nation’s well-being,” stressed Jeelani, echoing sentiments of communal responsibility and shared prosperity.
