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Government invests Rs 39,272 crore to modernize India's fisheries sector

The Ministry of Fisheries, Animal Husbandry & Dairying announced on 30 October 2026 that India is shifting its fisheries sector from simple production to a technology-driven value-addition model. Since 2015, the government has committed Rs 39,272 crore through schemes like PMMSY and FIDF to improve processing, cold-chain logistics, and digital marketing. These efforts aim to benefit 74.66 lakh fishers and fish farmers by reducing post-harvest losses and increasing incomes. The release does not say when these general initiatives take effect, though it notes projects for women were approved over the last five years.

  • Rs 39,272 crore committed since 2015 for fisheries schemes and programmes
  • 46,500 infrastructure facilities added with an investment of Rs 3,393.85 crore
  • Support for 74.66 lakh fishers and fish farmers to create employment and livelihoods
  • Over 1.28 lakh women beneficiaries supported via projects worth more than Rs 4,155 crore
  • 2,195 Fisheries Farmer Producer Organizations (FFPOs) formed to improve market access
  1. increased public investment in the fisheries sector
  • fishers and fish farmers