evidence: The Government of India in recent years has taken several initiatives to harness the full potential of the fisheries sector in a sustainable and responsible manner. The Centrally Sponsored Scheme (CSS) – ‘Blue Revolution: Integrated Development and Management of Fisheries’ was launched in 2015-16 with an outlay of Rs 3000 crores for a period of 5 years. In order to address the critical gaps in the fisheries infrastructure, ‘Fisheries and Aquaculture Infrastructure Development Fund’ (FIDF) was created in 2018-19 with a fund size of Rs. 7522.48 crores for providing concessional finance to the State/UT Governments, their entities and the private sector. Recognizing the immense potential in fisheries sector, the Government of India in May, 2020 with highest investment of Rs. 20,050 crore, launched a new flagship scheme ‘Pradhan Mantri Matsya Sampada Yojana’ (PMMSY) to bring about Blue Revolution through sustainable and responsible development of fisheries sector in the country. PMMSY is being implemented for a period of five years from 2020-21 to 2024-25 in all States and UTs. As a result of these initiatives, during the recent years the Fisheries sector in India has shown impressive growth with an average annual growth rate of about 10 % (during 2014-15 to 2018-19), the fish production has registered an average annual growth of more than 7% and stood at an all- time high of 141.64 lakh metric tons during 2019-20. Despite various issues faced by the sector during Covid - 19 pandemic, India has achieved all time high exports of marine products worth US$ 7165 million during April to February, 2021-22.