Fisheries Startup Conclave 2.0

Tags: Government Schemes

Why in the news?

• The Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D) is organizing a Fisheries Startup Conclave 2.0 on 8th March 2025 in Hyderabad, Telangana. 

Important points:

• The Startup Conclave 2.0 will bring together key stakeholders to discuss and promote innovation in the fisheries sector.
• Startup conclave 2.0 will also witness the launch of the National Fisheries Digital Platform (NFDP) Mobile App, a transformative initiative aimed at streamlining digital access to fisheries-related services and resources. 
• The Fisheries Startup Grand Challenge 2.0 will also be unveiled, reinforcing the government’s commitment to fostering entrepreneurship and technological advancements in the sector. 

Background

• India's fisheries and aquaculture sector sustains 3 crore livelihoods and drives employment across the value chain. Since 2015, the Government has invested Rs.38,572 crore through initiatives like the Blue Revolution Scheme, FIDF, PMMSY, and PM-MKSSY to promote sustainable growth. 
• These startups leverage advanced technologies such as blockchain, IoT, and AI to develop commercially viable solutions that address grassroots challenges, enhance productivity, ensure traceability, and improve value chain efficiencies. 
• The Department of Fisheries has launched multiple initiatives to foster innovation and support fisheries startups. The Matsya Manthanseries serves as a platform for knowledge exchange and collaboration among stakeholders, facilitating discussions on emerging trends and best practices.