Fisheries in the Development of Indian Economy

Fisheries sector plays a vital role in Indian economy through substantial forex earnings, employment generation and ensuring nutritional and food security. Contribution of fisheries to total Gross Domestic Product (GDP) at current prices is about 1.3 percent. The fisheries economy of our country has undergone rapid structural changes during the last few decades. The vast technological options available to fishers led them for a fast shift from traditional to mechanised and motorised fishing methods in marine fisheries and from traditional to improved seed production and culture practices in inland fisheries