The fisheries and livestock sector holds great potential for poverty alleviation, exports and meeting the protein needs of the people. In recent years, the sector has been playing an increasingly important role in the uplift efforts of Bangladesh. It is a labour-intensive and quick-yielding sector which augments growth and alleviates poverty. Around 1.2 million people are directly employed in the fisheries sector alone.overall,120 million people depend on this sector, directly or indirectly, for their livelihood.
Bangladesh has immense nature potential for developing the fisheries sub-sector. The sub-sector contributes 5.38% of the GDP and 20% of the agriculture sector. With an annual growth rate of around 3% during the 1990s,the contribution of the livestock sub-sector to GDP and the agriculture sector as a whole is currently 3% and 15.1% respectively. It has shown much potential to develop as a commercial sector with employment and income opportunities both in the rural and urban areas. A large number of enterprises-cattle, poultry and dairy farms-have grown in the private sector in recent years.
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