The Union Budget 2026-27 allocates ₹2,761.80 crore for fisheries, the highest-ever annual support, with PMMSY receiving ₹2,500 crore.
Fish production more than doubled to 197.75 lakh tonnes in FY25, while seafood exports reached ₹62,408 crore, with shrimp a key export.
Key schemes like KCC have provided credit to 4.39 lakh fishers, insurance to 3.3 million, and livelihood support to 7.44 lakh families.