Fish production has increased to 197.75 lakh tonnes in FY 2024-25 from 95.79 lakh tonnes fish production in FY 2013-14 increasing a significant 106 per cent. Under various schemes and programmes implemented since 2014-15 by the Department of Fisheries, the Government of India (GoI), 74.66 lakh employment opportunities (both direct and indirect) have been generated.
India is the world’s second-largest fish producer, contributing 8 per cent to global output, ranks second in aquaculture production, leads in shrimp production and export, and is the second-largest producer in capture fisheries.
“As a result of various schemes and programmes being implemented in the last decade and well thought policies, there have been significant achievements in the fisheries sector,” the Ministry of Fisheries, Animal Husbandry and Dairying said on Monday.
The average aquaculture productivity has increased to 4.77 tonnes per hectare.
Indian seafood exports have witnessed an impressive growth as we exported 16.98 lakh tons of seafood worth Rs 62,408 crore during 2023-24.
The Ministry further said Group Accidental Insurance coverage was provided to 34.71 lakh fishers with an investment of Rs 27.75 crore.
The Government of India with effect from the financial year 2018-19 has extended the Kisan Credit Card (KCC) facility to fishers and fish farmers to help them to meet their working capital requirements. A total of 4.49 lakh KCCs with a loan amount of Rs 3569.60 crore has been sanctioned, till date to fishers and fish farmers.
Under the Pradhan Mantri Matsya Sampada Yojana, the Department of Fisheries has approved the development of 11 Integrated Aquaparks across various states. The total sanctioned cost for these projects stands at Rs 682.60 crore.
India’s seafood exports touched an all-time high in value during the financial year 2024-25 to Rs 62,408 crore (US$ 7,453.73 million), increasing by 3.11 per cent as compared to Rs 60,523.89 crore (US$ 7381.89 million) in 2023-24.
India exports over 350 seafood products to 130 countries, with aquaculture contributing 62 per cent of export value, India is emerging as a hub for high value, processed seafood.