India is the world’s second-largest fish producer, contributing 8% to global output, providing livelihoods to approx. 3 crore fishers and fish farmers.

• Fish production has increased to 197.75 lakh tonnes (FY 2024-25) from 95.79 lakh tonnes (FY 2013-14), contributing 7.43% to the Agriculture Gross Value Added (GVA), highest among agriculture and allied sectors.
• Average aquaculture productivity has increased to 4.77 tonnes per hectare.
• India exported 16.98 Lakh tons of seafood during 2023-24.

Key Initiatives behind growth in fisheries sector

• Pradhan Mantri Matsya Sampada Yojana (PMMSY): A flagship scheme driving the "Blue Revolution", it focuses on filling infrastructural gaps, with approvals for cages, Biofloc units, recirculatory aquaculture systems (RAS), and brood banks.
• Fisheries & Aquaculture Infrastructure Development Fund (FIDF): Setupin 2018-19, for creation of fisheries infrastructure facilities both in marine and inland fisheries sectors and to augment the fish production to achieve the target of 15 million tonnes by 2020.
• Integrated Aquaparks: The development of 11 Integrated Aquaparks has been approved with a sanctioned cost of Rs 682.60 crore
• Satellite Technology Integration: Vessel Communication and Support System, application of Oceansat, etc.

• Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PMMKSSY): It is a Central Sector Sub-scheme under the PMMSY in 2024 for a period of 4 years to address the inherent weaknesses of the sector through identified financial and technological intervention.