Key Points

The Department of Fisheries will host the Coastal States Meet 2025 in Mumbai on April 28. Union Minister Rajiv Ranjan Singh will inaugurate Rs 255 crore projects under PMMSY, including India's first Aqua Insurance scheme. Key initiatives like Turtle Excluder Devices and vessel safety systems aim to boost sustainable fishing. The event will feature tech exhibitions and policy sessions to strengthen marine governance.

Key Points: Fisheries Minister Rajiv Ranjan Singh Launches Rs 255 Crore Coastal Projects

  • Rs 255 crore fisheries projects for 7 coastal states
  • First-ever Aqua Insurance for aquafarmers
  • Marine Fisheries Census and TED project launched
  • 72% of India's fish production comes from coastal regions
3 min read

Dept of Fisheries to host 'Coastal States Meet 2025' in Mumbai on April 28

Union Minister unveils key fisheries initiatives in Mumbai, including Aqua Insurance and sustainable marine projects under PMMSY scheme.

"This landmark initiative ensures targeted insurance coverage, digital accessibility, and focused support for marginalised communities in the fisheries sector - Ministry of Fisheries"

New Delhi, April 26

The Department of Fisheries under the Ministry of Fisheries, Animal Husbandry and Dairying will unveil Rs 255 Crores worth of fisheries projects on April 28 in Mumbai, the ministry said in an official statement on Saturday.

Union Minister Rajiv Ranjan Singh will inaugurate and lay the foundation for key projects for 7 coastal states and UTs with a total outlay of Rs 255.30 crores under Pradhan Mantri Matsya Sampada Yojana (PMMSY), underscoring the commitment of the government for advancing the fisheries sector in the coastal states & UTs, the statement added.

The fisheries sector in India plays an important role in supporting rural livelihoods and contributing to the national economy.

With a vast coastline and an Exclusive Economic Zone (EEZ) of 2.02 million square kilometres, India boasts of rich marine resources. The marine fisheries sector in India harbours significant potential, estimated at 5.31 million tonnes.

Coastal states and Union Territories, which include around 3,477 coastal fishing villages, produce 72 per cent of the country's total fish production and account for 76 per cent of India's total seafood exports.

He will also launch a set of key initiatives aimed at strengthening marine fisheries and promoting sustainable practices including Marine Fisheries Census Operations, Turtle Excluder Device (TED) project and release of Standard Operating procedure for Vessel Communication and Support System.

On this occasion, certificates will also be distributed to outstanding Cooperatives, FFPOs, fisheries start-ups, and climate-resilient coastal fishing villages. As part of the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PMMKSSY), beneficiaries will also receive Aqua Insurance certificates and Kisan Credit Cards (KCC).

Notably, the government has introduced Aqua Insurance for the first time, offering dedicated financial protection to aquafarmers.

This landmark initiative ensures targeted insurance coverage, digital accessibility, and focused support for marginalised communities in the fisheries sector, the Ministry said.

The Coastal States Meet 2025 will also feature key technical sessions including Strengthening Marine Fisheries Governance: Integrating Marine Fisheries Regulation Acts (MFRAs), Monitoring, Control & Surveillance (MCS), and Sea-Safety; Model Mariculture SOPs; Standard Operating Procedure of the Vessel Communication and Support System (VCSS); Export Promotion - Processing, Value Chain & Quality Improvements; and Promotion of Traceability and Certification in Marine Capture Fisheries.

These sessions aim to offer practical policy insights and technical guidance to strengthen marine fisheries, ensure safety, promote sustainable mariculture, and improve export capabilities.

In addition, the event will host an exhibition showcasing innovative technologies, products, and initiatives in the fisheries and aquaculture sector, fostering knowledge exchange and highlighting best practices, the statement added.

- ANI

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Reader Comments

P
Priya K.
This is such a positive step for our coastal communities! 🎣 The Aqua Insurance scheme sounds especially promising for small-scale fishers who face so many risks. Hope this leads to better livelihoods!
R
Rahul M.
While I appreciate the initiative, I wonder how much of this funding will actually reach the grassroots level. We've seen many schemes announced with fanfare but poor implementation. Hope this time is different.
S
Sunita P.
The Turtle Excluder Device project is long overdue! Our marine biodiversity needs protection. Kudos to the ministry for finally addressing this critical issue. 🐢💙
A
Arjun V.
As someone from a fishing family, I'm cautiously optimistic. The Kisan Credit Cards could be game-changers if the loan process is made simple enough for traditional fishers to access.
M
Meena S.
The exhibition part sounds interesting! Would love to see some of these innovations make their way to local fishing communities. Technology can really help modernize this sector.
V
Vikram J.
255 crores is a significant investment! Hope they focus equally on all coastal states and not just the big ones. The smaller UTs need attention too.

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