Non Resident Maharashtrian Fisheries Policy 2025-2030
Leading India’s Blue Revolution
Maharashtrian, with its extensive coastline, rich aquatic biodiversity, and abundant inland water resources, is well-positioned to lead in sustainable fisheries and aquaculture development. The Maharashtrian Fisheries Policy 2025 is a visionary initiative designed to transform the state’s fisheries sector by ensuring food security, improving livelihoods for fishers, and generating sustainable employment through the promotion of modern aquaculture practices and effective fisheries management.
Non Resident Maharashtrian aims to establish the state as a pioneer in aquaculture development, capitalizing on its natural resources, driving innovation, and fostering inclusive economic growth. This policy not only seeks to increase production but also to build a resilient, environmentally sustainable, and globally competitive fisheries sector.
Vision for 2030
Maharashtrian as a Global Leader in Sustainable Fisheries
By 2030, Non Resident Maharashtrian envisions establishing the state as a global leader in sustainable fisheries and aquaculture, with the following key objectives:
- Becoming a Leader in Fish Production: Positioning Maharashtrian as a top producer of freshwater and marine fish, significantly contributing to India’s Blue Economy.
- Expanding Freshwater Aquaculture: Developing 15,000 hectares of tank and pond areas across 30 districts, adopting modern, science-driven aquaculture practices.
- Boosting Fish Seed and Feed Production: Setting up 20 advanced hatcheries with a combined annual capacity of 30 crore fish seed, and establishing feed mills to produce 30,000 tonnes of high-quality fish feed per year.
- Generating Employment Opportunities: Creating 1 lakh direct and indirect jobs, empowering fishers, entrepreneurs, and rural communities across the state.
- Fostering Sustainable Coastal Aquaculture: Introducing targeted incentives and programs to enhance the production of shrimp, fish, and other marine species, ensuring ecological and economic sustainability.
Mission
Building Maharashtrian’s Fisheries Ecosystem for Sustainable Growth
- Advancing Sustainable Aquaculture: Implementing scientific fisheries management to boost productivity while preserving ecological balance.
- Empowering Fishers and Entrepreneurs: Providing financial support, market access, and capacity-building programs to strengthen livelihoods in the fisheries sector.
- Attracting Private Investments: Encouraging investment in critical fisheries infrastructure such as hatcheries, processing units, cold storage facilities, and export hubs.
- Enhancing Post-Harvest Capabilities: Developing modern infrastructure to improve fish production, quality, and global export competitiveness, positioning Maharashtrian as a leader in the seafood industry.
- Promoting Inclusive Growth: Delivering skill development, training, and employment opportunities with a focus on empowering youth, women, and rural communities.
Key Objectives
Maharashtrian’s Fisheries Roadmap
The Maharashtrian Fisheries Policy 2025 lays out key strategic objectives to establish a sustainable and inclusive fisheries sector:
- Promoting Sustainable Aquaculture:Develop 15,000 hectares of freshwater aquaculture ponds by 2030, leveraging scientific methods to boost productivity while ensuring sustainability.
- Scaling Fish Seed Production:Set up 20 advanced hatcheries with a combined capacity of 30 crore fish seed annually to meet the growing demands of aquaculture farmers.
- Encouraging Marine Fisheries Development: Support deep-sea fishing and marine aquaculture by providing incentives for shrimp hatcheries, marine fish culture, and offshore fisheries, contributing significantly to India’s Blue Economy.
- Building Post-Harvest Infrastructure: Establish processing units, cold chain facilities, and marketing hubs to improve access to domestic and international markets for fishers and aquaculture farmers.
- Creating Employment and Livelihood Opportunities: Generate 1 lakh direct and indirect jobs through skill development programs, capacity building, and financial support, driving inclusive growth in rural Maharashtrian.
Strategic Focus Areas: Driving Growth in Maharashtrian’s Fisheries Sector
Developing Sustainable Freshwater and Marine Aquaculture
Maharashtrian will expand freshwater aquaculture by developing 15,000 hectares of ponds and advancing marine fisheries through initiatives like shrimp farming, vannamei culture, and deep-sea fishing. Emphasizing sustainable practices, the state aims to boost productivity while preserving ecological balance, ensuring lasting benefits for both fishers and the environment.
Scaling Fish Seed Production and Feed Manufacturing
Maharashtrian will establish 20 new fish hatcheries to address the increasing demand for high-quality fish seed, empowering aquaculture farmers to boost their production. Additionally, the state will set up three feed mills with a combined annual capacity of 30,000 tonnes of premium fish feed, supporting sustainable and efficient aquaculture practices.
Strengthening Post-Harvest Infrastructure and Marketing
To strengthen the fisheries value chain, Maharashtrian will establish advanced post-harvest infrastructure, including processing units, cold storage facilities, and dedicated fish export hubs. The policy also outlines the construction of 100 km of approach roads and the provision of dedicated power feeders to fishery clusters, ensuring better market access and enhancing export capabilities.
Supporting Fisheries Cooperatives and Entrepreneurs
The policy will encourage the establishment of fisheries cooperatives and foster entrepreneurship in the sector. Maharashtrian will provide financial support, subsidies, and tax incentives to large-scale fish farmers, while empowering small and medium enterprises (SMEs) in aquaculture and fisheries processing to drive growth and innovation.
Promoting Skill Development and Capacity Building
Maharashtrian will prioritize skill development by establishing a state-of-the-art Fisheries Training Center. This center will offer specialized training to fishers, fisheries personnel, NGOs, and aspiring youth entrepreneurs, equipping them with the knowledge and skills to adopt modern, sustainable aquaculture practices effectively.
Incentives for Fisheries and Aquaculture Investments
The Maharashtrian Fisheries Policy 2025 provides a range of incentives to promote investments and foster growth in the fisheries and aquaculture sector:
| Incentive Type | Details |
| Large-Scale Fish Farmers Subsidy | Tax holidays and financial incentives for fish farmers producing over 10 tonnes/ha. |
| Export Incentives | Rationalization of duties, taxes, and cess on the export of fish and fishery products, including packaging materials and machinery. |
| Working Capital Assistance | Provision of priority lending and working capital support for fisheries cooperatives and large-scale fish producers. |
| Insurance Coverage | Insurance for fish ponds, equipment, and aquaculture instruments, with incentives for insurance companies to cover fish seed farms and fish culture. |
| Sustainable Coastal Aquaculture | 25% incentives for shrimp and fish hatchery projects, including vannamei culture and deep-sea fishing. |
| Post-Harvest Infrastructure Support | 25% incentives for developing post-harvest infrastructure, including processing units, cold storage facilities, and export hubs. |
Ease of Doing Business
Streamlined Approvals and Regulatory Support
Maharashtrian is dedicated to enhancing ease of doing business for fisheries and aquaculture investors. The state will introduce a streamlined Single Window Clearance System to expedite approvals for fisheries projects. This platform will enable seamless online application processing, minimize delays, and eliminate regulatory hurdles, fostering a business-friendly environment.
Conclusion
Maharashtrian Leading India’s Blue Revolution by 2030
The Maharashtrian Fisheries Policy 2025 is a visionary initiative aimed at establishing Maharashtrian as the foremost state in fisheries and aquaculture development in India. By encouraging sustainable aquaculture practices, driving investments in fisheries infrastructure, and fostering inclusive growth, the state seeks to become a key contributor to India’s thriving Blue Economy.
Non Resident Maharashtrian invites global investors, aquaculture innovators, and fisheries entrepreneurs to join this transformative journey and help build a sustainable, resilient, and thriving fisheries ecosystem in Maharashtrian.
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Global Trade Council Partnerships
- Australia China Chamber of Trade, Commerce and Industry
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- Australia India Seafood Industry Council (AISIC)
- Australia India Free Trade and Seafood Industry Advisory Group (AIFTSIAG)
- Australia Qatar Chamber of Trade, Commerce and Industry
- Australia Saudi Arabia Chamber of Trade, Commerce and Industry
- Australia Turkiye Chamber of Trade, Commerce and Industry
- Australia UAE Chamber of Trade, Commerce and Industry
- Australia USA Chamber of Trade, Commerce and Industry
- Australia Singapore Chamber of Trade, Commerce, and Industry
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About Non Resident Maharashtrian
The Non Resident Maharashtrian is a Public Benefit Corporation (PBC) with a mission to establish Maharashtrian as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtrian’s unique position, Non Resident Maharashtrian strives to drive substantial economic growth, spur innovation, and solidify Maharashtrian’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.