On completion of 4 years of Pradhan Mantri Matsya Sampada Yojna (PMMSY), initiatives launched to transform fisheries sector includes :

• National Fisheries Development Program Portal created under Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, sub scheme under PMMSY. 
  • It will serve as central hub for registry of fisheries’ stakeholders, information, services, and support related to fisheries.
• Establishment of three specialized fisheries production and processing clusters dedicated to Pearl cultivation, Ornamental fisheries and Seaweed cultivation to promote innovation within these niche sectors.
• Pilot project on Use of Drone Technology for fish transportation to be done by Central Inland Fisheries Research Institute to explore drones’ potential in monitoring inland fisheries.
• Establishing Mandapam Regional Centre of Central Marine Fisheries Research Institute as a Centre of Excellence for promoting seaweed farming and research. 
• Setting up Nucleus Breeding Centres for both marine and inland species for enhancing seed quality through genetic enhancement of economically important species.
• Establishment of 3 Incubation Centres in Hyderabad, Mumbai and Kochi for promoting at least 100 fisheries start-ups, cooperatives, etc. 
• Priority projects included Development of five Integrated Aqua parks in Assam, Chhattisgarh, Madhya Pradesh, Tripura and Nagaland; Establishment of two World-Class Fish Markets Arunachal Pradesh and Assam; etc.

About PMMSY Aim: Launched in 2020 to bring Blue Revolution through sustainable and responsible development of fisheries sector in India. Tenure: FY 2020-21 to FY 2024-25. Targets: Increase fish production to 22 million metric tons; Reduce post-harvest losses from 20-25% to about 10%; Double export earnings to about Rs. 1 lakh crore etc. Type: Both Central Sector Scheme and Centrally Sponsored scheme.