Fueling the Blue Economy

Marking six years of the Pradhan Mantri Matsya Sampada Yojana (PMMSY), this PIB backgrounder details achievements in India's fisheries and aquaculture sector. Launched in 2020 with an outlay of ₹20,750 crore, the umbrella scheme has supported infrastructural growth, increased fish production from 141.64 lakh tonnes in 2019-20 to 197.75 lakh tonnes in 2024-25, and elevated fisheries exports to ₹73,890 crore in 2025-26. The government allocated a record ₹2,500 crore in BE 2026–27. The note highlights structural components like the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), the National Fisheries Digital Platform (NFDP), the promotion of Fish Farmers Producer Organizations (FFPOs), technology-driven aquaculture methods such as RAS and Bio-floc, and contributions to Sustainable Development Goal 14.