Char Fassion fishermen face debt crisis amid declining fish stocks

Fishermen in Char Fassion are facing a severe economic crisis due to a significant decline in fish populations. Many fishers report that despite spending heavily on fuel, labor, food, and ice, the catch is often insufficient to cover even basic operational costs.

This scarcity has led to a growing debt cycle. Many fishermen have taken loans from moneylenders, NGOs, and local cooperatives to purchase trawlers and nets. With declining incomes, they are struggling to meet regular loan installments, making it difficult to sustain their livelihoods and household expenses.