NITI Aayog report moots policy changes for fisheries sector

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A country   from Chandrabhaga formation  adjacent   Konark connected  Bay of Bengal Sea’s Odisha coast. File

A country from Chandrabhaga formation adjacent Konark connected Bay of Bengal Sea’s Odisha coast. File | Photo Credit: Biswaranjan Rout

Targeted incentivisation tin play a important relation successful promoting maturation and sustainable improvement successful India’s heavy oversea and offshore sportfishing industry, a study prepared by the NITI Aayog connected ‘India’s Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries’ has said. The report, released present connected Monday by NITI Aayog subordinate Ramesh Chand, said each subsidies should beryllium kept to a minimum, applied for a constricted period, and phased retired arsenic soon arsenic possible.

The study has identified six cardinal argumentation interventions connected overhauling policies and regulations; strengthening organization and capableness building; modernising fleets and upgrading infrastructure; promoting sustainable fisheries management; mobilising resources and financing; and enhancing section assemblage information and partnerships. “Recognising the superior intensive quality of deep-sea fishing, the study besides emphasises inclusive fleet improvement by supporting fisher cooperatives and cluster-based approaches, enabling corporate ownership, operations, and entree to modern technology. It besides outlines concern priorities and monitoring mechanisms indispensable to guarantee semipermanent ecological and economical sustainability,” a merchandise by the NITI Aayog said.

“An indicative costing model for the 3 phases has besides been provided by considering the convergence of Centrally sponsored and Central assemblage schemes related to fisheries — Phase 1: Laying the instauration and fostering aboriginal maturation (3 years| 2025-28); Phase 2: Scaling up and achieving planetary competitiveness (4 years | 2029-32) and Phase 3: Global enactment successful sustainable deep-sea fisheries (8 years and beyond | 2033 onwards),” it added.

Building connected the sector’s beardown maturation trajectory, the study offers a roadmap to fortify governance, foster innovation, and heighten information of stakeholders. “Through integrated interventions successful argumentation reform, infrastructure development, sustainability, financing, and assemblage empowerment, the inaugural aims to marque India a planetary person successful sustainable deep-sea fisheries, ensuring prosperity for coastal communities and contributing importantly to the Blue Economy imaginativeness of the nation,” the NITI Aayog said.

Published - October 14, 2025 05:56 americium IST

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