MARCH 3: Union Minister, Ministry of Fisheries, Animal Husbandry & Dairying (MoFAH&D) and Ministry of Panchayati Raj, Shri Rajeev Ranjan Singh alias Lalan Singh, participated virtually in a daylong Post-Budget Webinar on “Agriculture and Rural Prosperity” on 1st March 2025. The webinar was organised by the Ministry of Agriculture & Farmers’ Welfare and also saw participation of Prof. S.P. Singh Baghel, Union Minister of State, MoFAH&D and Ministry of Panchayati Raj, and Shri George Kurian, Union Minister of State, MoFAH&D and Ministry of Minority Affairs.
Prime Minister Shri Narendra Modi in the webinar, delivered the keynote address in the event. The webinar engaged stakeholders in focused discussions, strategizing the effective implementation of 2025 Budget announcements. The webinar addressed key areas of agricultural growth and rural prosperity, ensuring a collaborative approach towards realizing the budget’s vision. Furthermore, the event aligned key stakeholders, including private sector experts, industry representatives, and subject matter specialists and key stakeholders, including representatives from fishermen associations, fisheries cooperatives, industry & private sector experts from mainland, Andaman Nicobar and Lakshadweep islands through structured, sub-theme-focused discussions. The webinar also aimed at facilitating dialogue, gathering insights, and ensuring timely and coordinated actions towards achieving the set goals.
The post budget webinar on “Agriculture and Rural Prosperity” featured parallel discussions on various sub-themes, each anchored by designated Secretaries. Key topics included Prime Minister Dhan-Dhaanya Krishi Yojana, Enhancing Credit through KCC, Building Rural Prosperity and Resilience, Atmanirbharata in Pulses, Comprehensive Programme for Vegetables & Fruits, National Mission on High Yielding Seeds, Mission for Cotton Productivity, India Post as a Catalyst for the Rural Economy, Framework for Harnessing Fisheries Resources in the Exclusive Economic Zone (EEZ) & High Seas, and Support to National Cooperative Development Corporation.
Prime Minister Shri Narendra Modi, in his address at the post-budget webinar on agriculture and rural prosperity, highlighted the transformative impact of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) since 2019, which has strengthened fisheries infrastructure, doubled production, and boosted exports in the sector. He emphasized the government’s commitment to sustainable fisheries in the Exclusive Economic Zone (EEZ) and the High Seas through a strategic action plan. Urging swift implementation, he called on stakeholders to explore new ideas for Ease of Doing Business and enhance sectoral growth.
Prof. S.P. Singh Baghel, highlighted India’s vast marine resources within its 2.2 million sq. km Exclusive Economic Zone (EEZ). The initiatives undertaken by ICAR in fisheries research were also briefly highlighted, emphasizing their role in advancing sustainable development and strengthening the sector. Emphasizing the need for regional development, the significance of promoting fisheries clusters as a key strategy for boosting the sector was underscored. He affirmed the government’s commitment to transforming Lakshadweep and the Andaman & Nicobar Islands into major fisheries hubs by leveraging their untapped marine potential. He stated that initiatives undertaken by the government aims to enhance local value chains, improve infrastructure, and create sustainable economic opportunities for coastal communities while ensuring environmental conservation and long-term growth in the fisheries sector.
Shri George Kurian, in his address, thanked Prime Minister Narendra Modi for establishing the Fisheries Department in 2019. He said that fisheries sector aims to double the income of fish farmers for which the government has provided additional financial support in the budget to boost exports. He said that the government is also promoting cluster zones for fisheries development in Andaman & Nicobar and Lakshadweep. To develop these regions, it will be necessary to provide training to the local people and seek assistance from the governments of these island groups.
Breakout Session on “Framework for Sustainable Harnessing of Fisheries Resources in the Exclusive Economic Zone (EEZ) of India and the High Seas with a special focus on Andaman & Nicobar Islands and Lakshadweep”, was chaired by Dr. Abhilaksh Likhi, Secretary, Department of Fisheries. The session discussed policy interventions, international commitments, and strategies for responsible fisheries management to drive seafood exports, enhance food security, and create employment opportunities while ensuring long-term sustainability. It also deliberated upon the implementation of the Budget Announcement, focusing on sustainable harnessing of fisheries from India’s Exclusive Economic Zone (EEZ) and the High Seas, along with the development of deep-sea fisheries in the Andaman & Nicobar Islands and Lakshadweep to unlock their vast marine potential.
This session witnessed participation of key industry experts, policymakers, and stakeholders who deliberated on crucial aspects of deep-sea fishing, market linkages, value addition, and sustainability. Various topics like Deep Sea Fishing: Vessel Designing, Procurement & Smart Harbor Development, Credit Facility for Fisheries Cooperatives to Procure and Operate Deep Sea Fishing Vessels, Concept of Mother and Child Vessels Strategy for Deep Sea Fishing, Sustainable Offshore Technologies for Harnessing of Marine Resources, Value Chain Enhancement: Processing, Packaging & Export etc. were deliberated upon during the session.
The discussions during the webinar have laid a strong foundation for the structured and sustainable harnessing of India’s marine fisheries resources with a clear focus on balancing economic growth with environmental responsibility. The proposed framework will enable deep-sea fisheries development, strengthen regulatory mechanisms, and enhance infrastructure and market access. Also the strategic emphasis on Andaman & Nicobar and Lakshadweep will unlock their vast marine potential while ensuring long-term sustainability. The discussions also focused on seamless collaboration among stakeholders, adherence to international commitments, and effective policy implementation to help transform India’s marine fisheries sector into a global leader in sustainable and responsible fishing.