India’s Fish Output Doubles To 195 lakh tonnes In A Decade, Blue Economy Grows With PMMSY | Economy News


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India’s fish production doubled to 195 lakh tonnes by 2024-25, driven by schemes like Pradhan Mantri Matsya Sampada Yojana and PM-MKSSY, boosting the blue economy.

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India’s total fish production has grown by an impressive 104 per cent, including both marine and inland sectors, between 2013-14 to 2024-25, reflecting the country’s rising blue economy in the last decade. Fish production jumped from 96 lakh tonnes to 195 lakh tonnes in 2024-25, with inland fisheries expanding by 142 per cent to 147.37 lakh tonnes.

India is the second-largest fish-producing nation in the world, contributing around 8 per cent of global output. The sector is a key source of food, jobs and income for millions of families, particularly in coastal and rural areas.

The Blue Revolution began in 2015 with the aim of increasing fish production and improving the fisheries value chain across inland and marine sectors. It focused on raising productivity, expanding infrastructure, and bringing modern practices to fishers and fish farmers.

In a concerted effort to improve critical gaps in the blue economy, the Government of India launched  Pradhan Mantri Matsya Sampada Yojana in 2020, aimed at improving fish production and productivity, raising quality standards, bringing modern technology, strengthening post-harvest infrastructure, and ensuring better management. The scheme also focuses on building a stronger value chain, improving traceability, creating a sound fisheries management system and ensuring the welfare of fishers.

The scheme was approved with a total investment size of ₹20,050 crore. This included ₹9,407 crore from the central government, ₹4,880 crore from state governments and ₹5,763 crore as contribution from beneficiaries for a period of five years from 2020-21 to 2024-25.

The Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) is a Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). It was approved by the Union Cabinet in February 2024 and is being implemented across all States and Union Territories for a four-year period from 2023-24 to 2026-27 with an estimated financial outlay of ₹6,000 crore. As of April 2025, ₹11.84 crore has already been sanctioned under the scheme to support early implementation.

PM-MKSSY is designed to address the long-standing structural challenges in the fisheries sector. It brings in a mix of financial and technological interventions, backed by institutional reforms. The scheme supports the long-term transformation of the fisheries ecosystem by promoting formalisation, insurance coverage, access to finance, and quality assurance across the value chain.

The Department of Fisheries under the Ministry of Fisheries, Animal Husbandry and Dairying launched the National Fisheries Digital Platform (NFDP) on 11 September 2024. This digital platform has been developed under the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY).

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Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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