evidence: The restructured Plan Scheme on Blue Revolution - Integrated Development and Management of Fisheries has been approved at a total central outlay of Rs 3000 crore for implementation during a period of five years (2015-16 to 2019-20). Foreseeing the immense potential for development of fisheries and for providing focused attention to the sector, the Government of India in May, 2020 approved the "Pradhan Mantri Matsya Sampada Yojana (PMMSY) – A scheme to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India" with an estimated investment of Rs. 20050 crores comprising of (i) Central share of Rs. 9407 crores, (ii) State share of Rs 4880 crores and (iii) Beneficiaries contribution of Rs. 5763 crores for its implementation for a period of 5 years from FY 2020-21 to FY 2024-25 in all States/Union Territories The Ministry of Agriculture and Farmers Welfare, Department of Animal Husbandry, Dairying & Fisheries has restructured the scheme by merging all the ongoing schemes under an umbrella of Blue Revolution. The restructured scheme provides focused development and management of fisheries, covering inland fisheries, aquaculture, marine fisheries including deep sea fishing, mariculture and all activities undertaken by the National Fisheries Development Board (NFDB).