India’s fisheries sector has undergone a major transformation under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), launched in 2020. As the scheme marks five years, it has boosted production, improved infrastructure, and empowered lakhs of livelihoods, with the government extending it through 2025–26.
Fish production has more than doubled since 2013–14, reaching 195 lakh tonnes in 2024–25, making India the world’s second-largest producer. Inland fisheries grew by 142%, driven by modern farming methods and policy support.
With projects worth ₹21,274 crore approved, including harbours, cold storage, and markets, infrastructure development has cut post-harvest losses and strengthened supply chains. Over 26 lakh fishers have been registered on the National Fisheries Digital Platform, while 4.76 lakh Kisan Credit Cards worth ₹3,214 crore have expanded financial access.
Success stories across states—from biofloc farms in Uttarakhand to lake development in Mandya and fingerling releases in Mysuru—highlight PMMSY’s social impact. The PM Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), launched in 2024 with a ₹6,000 crore budget, adds further momentum by formalising the sector and expanding insurance coverage.
Challenges remain in technology adoption, climate resilience, and market access, but India’s fisheries sector is firmly on course for sustainable and inclusive growth.
