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PM Modi Launches 16 Major Fisheries Projects Worth Rs 693 Crore

16 new fisheries projects launched and approved. Aim to enhance infrastructure, generate jobs, and boost exports in India's Blue Economy.

In this image, we can see fishes in the water. There is a text in the bottom right of the image.
In this image, we can see fishes in the water. There is a text in the bottom right of the image.

PM Modi Launches 16 Major Fisheries Projects Worth Rs 693 Crore

Prime Minister Narendra Modi has launched and laid the foundation for 16 major fisheries projects worth over Rs 693 crore. Seven new projects were inaugurated, and nine had their foundation stones laid. These initiatives aim to enhance fisheries infrastructure, generate employment, boost exports, and improve livelihoods for coastal and inland communities.

The projects are implemented under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) and the Fisheries Infrastructure Development Fund (FIDF). They include multiple projects such as feed mills, cold storages, ice plants, and biofloc systems inaugurated or approved across various states to improve fish production, processing, and marketing.

Key initiatives include a Rs 170 crore Trout Fisheries project in Uttarakhand and a Rs 119.94 crore Smart and Integrated Fishing Harbour in Puducherry. Additionally, a Rs 70 crore Nutrition Hub of Sustainable Aquaculture in Amethi, Uttar Pradesh, will focus on eco-friendly fish feed production and modern aquaculture practices. In Odisha, a Rs 100 crore Integrated Aqua Park in Hirakud will support tilapia and pangasius production, cage farming, hatchery operations, and fish processing, benefiting over 1,700 farmers.

These projects are expected to strengthen India's Blue Economy and support fishers and farmers across the country. They aim to promote sectors like animal husbandry, fisheries, and beekeeping for additional income sources for farmers. The initiatives also focus on supporting regions suitable for trout fishing, such as Jammu and Kashmir, Himachal Pradesh, and Uttarakhand, by developing aquaculture farms, fish hatcheries, and infrastructure.

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