Government pushes aquaculture insurance with 40% premium incentive

September 28, 2026 3:03 PM

Government pushes aquaculture insurance with 40% premium incentive

India’s rapidly expanding aquaculture sector is increasingly confronting a challenge that can undermine years of investment in a single crop cycle - the financial impact of disease, floods, cyclones and other natural and non-preventable risks. With fish production more than doubling over the past decade and aquaculture now accounting for around 74 per cent of the country’s total fish production, the government is seeking to make insurance an integral part of aquaculture risk management thro...

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

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...