Fisheries Sector

September 11, 2026 12:48 AM

Fueling the Blue Economy: Six years of PMMSY transforming India’s fisheries sector

India’s fisheries sector is emerging as a significant driver of livelihoods, food security, exports and the country’s wider Blue Economy, with the government’s Pradhan Mantri Matsya Sampada Yojana (PMMSY) providing a major push towards modern infrastructure, technology and sustainable growth. Launched in 2020, PMMSY completes six years on September 10, 2026. With a total outlay of ₹20,750 crore, the scheme has sought to address critical gaps across the fisheries value chain, from produc...

April 16, 2026 4:31 PM

Govt to strengthen anti-doping, fisheries ecosystem; criminal provisions on trafficking of banned substances under works

Union Secretary, Department of Fisheries, Abhilaksh Likhi, on Thursday reviewed the progress of the brackishwater aquaculture cluster in Andhra Pradesh’s Bhimavaram under the Pradhan Mantri Matsya Sampada Yojana, stressing the need to bridge gaps across the value chain and strengthen export linkages. Chairing a review meeting, Likhi interacted with shrimp and fish farmers and assessed challenges in production, market access and infrastructure. The meeting, held in hybrid mode, saw participati...

April 6, 2026 5:39 PM

India’s fisheries sector charts transformational growth with record budget push and rising output

India’s fisheries sector is undergoing a significant transformation, marked by record budgetary support, rising production, and expanding institutional frameworks aimed at strengthening livelihoods and boosting global competitiveness. The Union Budget 2026-27 has proposed the highest-ever allocation of ₹2,761.80 crore for the sector, underlining its growing importance in the country’s economic and food security framework. Of this, ₹2,500 crore has been earmarked for the flagship Pradhan...