Question
To enhancing the potential of the fisheries sector in
India, the all-Male Tilapia Aquaculture Project was established with the technology of which of three following countries?Solution
Technology Development Board, a statutory body under the Department of Science and Technology, Govt. of India supports M/s Fountainhead Agro Farms Private Limited, Navi Mumbai, Maharashtra for ‘Advanced, Intensive, All Male Tilapia Aquaculture Project with Israeli Technology for enhancing the potential of the fisheries sector. A loan assistance of Rs. 8.42 crores out of the total project cost of Rs. 29.78 crores to the company has also been agreed to be provided by the Board. The company has adopted advanced Israeli Technology from Aquaculture Production Technology Limited (APTIL), Israel for land locked locations through closed loop farming for arid zone with seasonal water supply from rivers, which may be replicated throughout India in multiple arid landlocked locations with reasonable water sources. Technology Development Board- Technology Development Board Aims at accelerating the development and commercialization of indigenous technology or adapting imported technology to wider domestic applications. The board provides financial assistance in the form of Equity, Soft loans, or Grants. The objective of TDB is to assist the industrial concerns and other agencies which attempt development and commercial application of indigenous technology or adapt imported technology to wider domestic applications. Â
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