A Strategic Analysis of a Decade of India’s Climate-Resilient Initiatives for Sustainable Fisheries (2014 – 2023) under the Pradhan Mantri Matsya Sampada Yojana
DOI:
https://doi.org/10.1956/jge.v22i3.925Keywords:
Climate Change, Inclusive Growth, Sustainable developmentAbstract
The Indian Fisheries sector is grappling with anthropogenic climate-change related challenges such as rising sea temperatures, dwindling catch volumes, migration of favourable species from traditional breeding grounds. Climate change is generally considered anthropogenic as it is caused by human activities such as increased maritime trade, oil spills, GHG emissions, large mechanised trawlers which make governance of oceans particularly difficult.The Blue revolution scheme for Integrated Development and Management of Fisheries (FY2015 -2016) with a budgeted expenditure of Rs.3000 crores over five years, laid the foundation for targeted policy intervention to make the fishery sector sustainable. The Pradhan Mantri Matsya Sampada Yojana ( PMMSY, 2020 -2025), further integrated efforts of The Ministry of Fisheries, Animal Husbandry and Dairying, State Fisheries Departments, ICAR-Central Marine Fisheries Research Institute (CMFRI), Institutional lending intermediaries (NABARD) and fishery self -help groups to make this sector climate-resilient and sustainable. This paper examines the effect of aquaculture investment in cage farming, sea-weed cultivation, shrimp culture, and ornamental fisheries on production, productivity and export earnings of the fisheries sector. There is evidence of a marked decline in marine dependence and greater climate-resilience due to rapid increase in inland aquaculture production.
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