India’s fisheries sector is witnessing robust growth, with the government ramping up investments and initiatives to strengthen infrastructure, boost production, and enhance exports.
Record Budget Boost for Fisheries
In the Union Budget 2026–27, the government has proposed a record allocation of ₹2,761.80 crore for the sector.
Out of this, nearly ₹2,500 crore has been earmarked for the flagship Pradhan Mantri Matsya Sampada Yojana (PMMSY), aimed at transforming fisheries into a modern and sustainable industry.
India Emerges as Global Fisheries Leader
India is now the second-largest fish producer globally, contributing around 8% to global production.
- Fish production surged from 95.79 lakh tonnes (2013-14) to 197.75 lakh tonnes (2024-25)
- This marks an impressive 106% growth
Export Growth Strengthens Global Position
Marine exports have also expanded significantly, reaching ₹62,408 crore, reinforcing India’s competitiveness in global seafood markets.
Focus on Modern Infrastructure
Under initiatives like Blue Revolution and PMMSY, the government is investing in:
- Fishing harbours
- Cold storage facilities
- Processing units
- Modern aquaculture systems
Adoption of Advanced Technologies
To improve productivity, innovative technologies are being promoted:
- Recirculatory Aquaculture System (RAS)
- Bio-floc technology
So far:
- Over 12,000 RAS units approved
- More than 4,200 Bio-floc units sanctioned
These technologies enable higher yield with less water and space.
Financial and Social Support for Fishermen
The government is also focusing on fishermen’s welfare:
- 4.39 lakh fishermen benefited under Kisan Credit Card (KCC)
- 33 lakh people covered under insurance schemes
- 7.44 lakh families received livelihood support
Digital Push with NFDP
The launch of the National Fisheries Digital Platform (NFDP) is transforming service delivery:
- Over 30 lakh users onboarded
- Access to loans, insurance, and services in one place
Infrastructure Development Gains Momentum
Under the Fisheries and Aquaculture Infrastructure Development Fund (FIDF):
- Projects worth over ₹6,685 crore approved
- Significant employment generation achieved
Boost Through Amrit Sarovar Mission
The Amrit Sarovar Mission is further supporting fisheries by developing thousands of water bodies, enhancing aquaculture opportunities across the country.
Vision for a Sustainable Future
The government aims to make the fisheries sector:
- Modern and technology-driven
- Digitally integrated
- Environmentally sustainable
This growth trajectory is expected to:
- Increase employment
- Boost exports
- Strengthen India’s overall economy
