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India’s Fisheries Scheme Boosts Jobs, Food and the Blue Economy

The Pradhan Mantri Matsya Sampada Yojana, launched in 2020, aims to modernise India’s fisheries through better infrastructure, technology and sustainable practices.

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Key Points

5 points
1

Budget allocation: 20,750 crore rupees overall, with an additional 2,500 crore for 2026‑27.

2

Cold‑chain and market infrastructure approved: 2,797 crore rupees.

3

Aquaculture innovations funded: over 12,000 Recirculatory systems and 4,200 Biofloc units.

4

Fish Farmer Producer Organisations established: 2,195, receiving 544.86 crore rupees.

5

Digital platform registrations exceed 37 lakh users, improving access to services.

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Summary

Investments have upgraded harbours, cold‑chain facilities, and introduced advanced aquaculture systems such as Recirculatory Aquaculture Systems and Biofloc technology.

These measures have lifted fish production to a record 197.75 lakh tonnes and increased exports to nearly 74,000 crore rupees, creating employment for around 5.8 million people.

A digital platform now links fishers with credit, insurance and market information, supporting the country’s broader Blue Economy goals.

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New Words to Learn

7 words
Blue Economy
using oceans and water resources in ways that help the economy without harming the environment.
Recirculatory Aquaculture Systems
closed‑loop fish farms that clean and reuse water to grow fish efficiently.
Biofloc
a technique that grows tiny organisms in water to keep it clean and feed fish at the same time.
producer organisations
groups that help farmers and fishers work together and sell their products.
formalise
to make something official and organized.
traceability
the ability to track where a product comes from and how it was made.
sustainability
using resources so they are not wasted and can last a long time.
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