8.3. National Policy on Marine Fishery, 2017

National Policy on Marine Fisheries provides guidance for promoting 'Blue Growth Initiative' which focus on ushering 'Blue Revolution' (NeeliKranti) by sustainable utilization of fisheries wealth from the marine and other aquatic resources of the country for improving the lives and livelihoods of fishermen and their families.

♤ The policy intends to guide the coordination and management of marine fisheries in the country during the next 10 years.

♤ It envisions to create a healthy and active marine fishery sector which can fulfill the necessities of present and future generations.

♤ The policy states that “private investments will be promoted in deep sea fishing and processing to fully harness the potential of marine fishery for inclusive development. Sustainable utilisation of the deep sea fisheries resources necessitates an optimum fleet size of modern fishing vessels capable of undertaking extended voyages, and wherever required, support of overseas technology will also be considered for development of the sector”.

♤ Legislations will be brought to economically empower the producer cooperatives and the right of first sale option to be given to the fisherman.