Govt aims to boost fishery sector by taking exports to Rs 1 trn per year

Union Minister Rajiv Ranjan Singh on Wednesday said the government is focusing on increasing annual seafood exports to Rs 1 lakh crore from around Rs 60,000 crore last fiscal and will also take measures to strengthen the foundation of the fishery sector over the next five years.

Singh, who is Union Minister for Fisheries, Animal Husbandry & Dairying, was addressing an event to mark the 4th Anniversary of Pradhan Mantri Matsya Sampada Yojna (PMMSY) here.

He also launched Pradhan Mantri Matsya Kisan Samridhi Sah-Yojna, and released the standard operating procedure on production & processing clusters in the fisheries sector.

The minister noted that the fishery sector, which provides livelihood for more than 3 crore fishers and fish farmers, did not get due attention since independence.

However, Singh said the Prime Minister Narendra Modi-led government has taken various decisions since 2014 for the growth of this important sector, including the launch of the PMSSY scheme with an .