India stands third in the world in terms of fish production. The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying has taken several initiatives for the development of fisheries and attract farmers towards fisheries along with agriculture to increase their income through its various schemes namely (i) implementation of Centrally Sponsored Scheme (CSS) - Blue Revolution: Integrated Development and Management of Fisheries for a period of 5 years from 2015-16 to 2019-20 (ii) Pradhan Mantri Matsya Sampada Yojana (PMMSY) with effect from the financial year 2020-21 to 2024-25 in all States/Union Territories (iii) Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs 7522.48 crore implemented for a period of 5 years from 2018-19 to 2023-24 for providing concessional finance, (iv) issuance of Kisan Credit Cards (KCC) to fishers and fish farmers.
PMMSY implemented inter-alia envisages fisheries developmental activities namely construction ponds, Re-circulatory Aquaculture System (RAS), inland cages, sea cages, finfish hatcheries, deep sea fishing vessels, biofloc units, ornamental fish rearing units, seaweed rafts, monoline tubes for seaweed cultivation, integrated fish farming, Fishing Harbours/Fish Landing Centres, ice plants/cold storages, fish feed mill/plants, fish transportation facilities, retail markets, disease diagnostic centre & quality testing labs, aquatic referral labs, sagar mitras, livelihood & nutritional support to fishers during ban/lean period. These activities significantly contribute towards enhancing fish production, doubling fishers and fish farmers income and generation of employment.
Under PMMSY, financial assistance is provided to various States/UTs for taking up fisheries developmental activities. During last two years i.e 2020-21 & 2021-22 and current financial year 2022-23, Department of Fisheries, Government of India under PMMSY has accorded approval to the fisheries developmental proposal of States/UTs amounting to Rs. 11010.00 crore with central share of Rs. 3864.99 crore. Further, the Department through National Fisheries Development Board (NFDB) is providing grant for taking up various training programmes in fisheries in collaboration with States/UTs, Quasi-government organizations involved in fisheries sector, National and Regional level institutions, Kirishi Vigyan Kendras (KVKs), Farmers Training Centres (FTCs), Universities, Colleges of Fisheries and other Academic institutions.