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 |

