Fisheries Summer Meet 2024 will also highlight the achievements of various programs with special focus on Pradhan Mantri Matsya Sampada Yojana. All states and UTs will share their progress, challenges, opportunities and chart the future course of action.

The highlights will be a fisheries exhibition, wise discussions between the state and UT by ministers, virtual inauguration of fisheries projects and interaction with fishermen and fisherwomen, distribution of KCC to beneficiaries and award letters for achievements of PMMSY to the beneficiaries, and congratulations from the Open Network for Digital Commerce. (ONDC) and on board the Fish Farmers Organization (FFPO).

Fisheries and aquaculture is a promising sector that provides livelihoods and employment opportunities to around 3 million fishermen and fish farmers at the primary level and many more along the fisheries value chain. India is also the second largest fish producing country, with around 8% of global fish production. Globally, India also ranks second in aquaculture production, is one of the leading shrimp producing and exporting nations, and the third largest producer of capture fisheries.

"Recognizing the immense potential of the fisheries and aquaculture sector and for focused and holistic development, the central government approved the largest ever investments in the fisheries and aquaculture sector," the official statement read.

The total investment of Rs 38,572 crore in the fisheries sector includes financial assistance for impactful projects and initiatives through Government of India programmes. These include the Blue Revolution Plan (Rs 5,000 crore), Fisheries and Aquaculture Infrastructure Development Fund (FIDF, Rs 7,522 crore), Pradhan Mantri Matsya Sampada Yojana (PMMSY, Rs 20,050 crore) and a sub-plan under the by PMMSY: Pradhan Mantri Matsya Samridhi Sah. Yojana (PM-MKSSY, Rs 6,000 crore) approved in February 2024.