Transforming India's Fisheries Sector and Blue Economy
Ministry of Fisheries, Animal Husbandry & Dairying · Economy · Posted 30 OCT 2026 7:55AM
What happened
The Ministry of Fisheries, Animal Husbandry & Dairying announced a major push toward value addition, technology adoption, and infrastructure development to transform India's blue economy. Backed by public investments of Rs. 39,272 crore through schemes like PMMSY and FIDF, the initiatives aim to enhance supply chains, empower women, and boost market access for millions of fishers.
Why it matters for UPSC
This release highlights government initiatives in agricultural and allied sectors (fisheries), value addition, and rural development, directly aligning with the UPSC syllabus topic of growth, development, and government schemes in the Indian economy.
Key objectives
- Committed Rs. 39,272 crore since 2015 through schemes like PMMSY, PM-MKSSY, FIDF, and KCC to benefit 74.66 lakh fishers and fish farmers.
- Added 46,500 transport and logistics facilities with an investment of Rs. 3,393.85 crore and development of 5 modern smart fish markets.
- Supported the formation of 2,195 Fisheries Farmer Producer Organizations (FFPOs) integrated with ONDC, alongside strengthening 5,500 fisheries cooperatives under PM-MKSSY.
- Approved projects worth over Rs. 4,155 crore under PMMSY benefiting over 1.28 lakh women in post-harvest and micro-enterprises.