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Advancing India’s Fisheries Sector 

Why in the News?

Union Budget 2026–27 announced ₹2,761.80 crore for fisheries sector, the highest ever allocation, strengthening India’s blue economy and fisher livelihoods.

Key Highlights

  • India is 2nd largest fish producer globally
  • Share in Agricultural GVA: 7.43%
  • Fish production:
    • 2013–14: 95.79 lakh tonnes
    • 2024–25: 197.75 lakh tonnes
    • Increase: 106%
  • Seafood exports: ₹62,408 crore

Major Government Schemes

1. Pradhan Mantri Matsya Sampada Yojana (PMMSY)

  • Launched: 2020
  • Allocation 2026–27: ₹2,500 crore
  • Focus:
    • Production increase
    • Infrastructure
    • Value chain development

2. PM Matsya Kisan Samridhi Sah Yojana (PM MKSSY)

  • Period: 2023–24 to 2026–27
  • Outlay: ₹6,000 crore
  • Focus:
    • Insurance
    • Credit
    • Formalisation

3. Fisheries Infrastructure Development Fund (FIDF)

  • Launched: 2018–19
  • 225 projects approved
  • Investment: ₹6,685 crore
  • Employment: 2.5 lakh jobs

Financial Inclusion

  • KCC (Kisan Credit Card) beneficiaries: 4.39 lakh fishers
  • Insurance coverage: 3.3 million
  • Livelihood support: 7.44 lakh families
[2023] With reference to the role of biofilters in Recirculating Aquaculture System, consider the following statements: 1 Biofilters provide waste treatment by removing uneaten fish feed. 2 Biofilters convert ammonia present in fish waste to nitrate. 3 Biofilters increase phosphorus as nutrient for fish in water. How many of the statements given above are correct? (a) Only one (b) Only two (c) All three (d) None

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