 statement of objects and reasonsthere are millions of fishermen and their families spread over southern, eastern and western parts of the country their main occupation and means of livelihood is catching fish and selling it in the market and they are doing this for generations in andhra pradesh alone there are lakhs of such families who survive on fishing however, the fisherman and their families live in abject poverty nearly hand to mouth whereas the middleman, wholesalers and retail traders of fish etc flourish at their cost as the sea food is becoming popular not only in the country but worldwide sea products are very much in demand but the status of fishermen has remained the same many of the fishermen are carried away by water currents particularly during storms and cyclones and they lose their lives similarly they get drowned during fishing or receive injuries leading to partial or total disablement but there is nobody to look after them except their hapless poor families in fact the disablement or death of a fisherman ruins his family who remain at the mercy of fate alone since the poor fishermen are a part and parcel of our society and ours being a welfare state it is necessary that the fishermen too are provided with adequate insurance against accident, health care, financial assistance in case of need, educational facilities for their wards etc they are also to be protected from the onslaught of big companies and multinationals sometimes fishermen from neighbouring countries tresspass into our water and carry the catch which need to be stopped in fact the nation has to give maximum security and facilities to the fishermen of the country hence this bill dr dasari narayana rao financial memorandumclause 4 of the bill provides for the establishment of fishermen welfare fund clause 5 provides for the appointment of administrators, clause }1 provides that appropriate government shall provide health and educational facilities to fishermen the bill, if enacted, will involve expenditure from the consolidated fund of india it is estimated that a sum of two hundred crore rupees may involve as recurring expenditure every year a non recurring expenditure of about ten crore rupees may also involve memorandum regarding delegated legislationclause 15 of the bill gives power to the central government to make rules for carrying out the purpose of the bill the rules will related to matters of details only the delegation of legislative power is of normal character