The Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of ` 6,000 crore to further enable activities of fishermen, fish vendors, and micro & small enterprises, improve value chain efficiencies, and expand the market. The government will also facilitate setting up of a large number of multipurpose cooperative societies, primary fishery societies and dairy cooperative societies in uncovered panchayats and villages in the next 5 years. https://www.indiabudget.gov.in/doc/bh1.pdf
Budget allocation for the Department of Fisheries during 2022-23 has increased from Rs. 1220.84 crore (BE) in the year 2021-22 to Rs. 2118.47 crore (BE) in 2022-23 which is 73.52%. The Govt had also extended the concessional institutional credit availed through Kisan Credit Cards at 4% interest per annum to animal husbandry and fisheries sector as well in order to help them meet their capital needs. https://www.indiabudget.gov.in/doc/eb/sbe43.pdf
In May 2020, as a part of the Aatmanirbhar Bharat (ANB) package, the Government of India launched its flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY), with a total outlay of ₹20,050 crore. PMMSY marks the highest-ever investment in the fisheries sector in India, to be implemented over five years from FY21 to FY25 in all States/Union Territories to drive sustainable and responsible development of the fisheries sector while ensuring socio-economic development of the fishers, fish farmers and fish workers. Before this, attention had been paid to addressing infrastructure gaps in the fisheries sector. A dedicated Fisheries and Aquaculture Infrastructure Development Fund (FIDF) was established for five years, from 2018-19 to 2022-23, with an investment of ₹7,522 crore. Under the FIDF, as of 17 October 2022, proposals to the tune of ₹4,923.9 crore have been approved and have benefitted over 9.4 lakh persons, through direct and indirect employment, in fishing and allied activities.
The Economic Survey is a flagship annual document which reviews the state of the Indian economy. The survey is tabled in Parliament a day before the presentation of the budget.The Economic Survey was prepared by the Economic Division of the Department of Economic Affairs in the Finance Ministry and it is available at: https://www.indiabudget.gov.in/economicsurvey/doc/echapter.pdf