Neel Kranti Mission launched in 2016, merged all the existing fisheries related schemes under -”Blue Revolution: Integrated Development and Management of fisheries”. However, the budget allocation to the fisheries has been reduced to Rs 400 crores in 2017-18 from 480 crores in 2014-15, despite consistent requests from the Department for more funds.
60% of funds allocated to National Institute of Fisheries Post Harvest Technology & Training (NIFPHATT), an institute to research upgradation of Post-Harvest Technologies, remain unutilized over 2012-17. The special package for suicide prone districts in A.P, Maharashtra, Karnataka and Kerala were removed by the BJP government in November 2014. Farmer suicide rate has not decreased according to a parliamentary report.
The agriculture ministry has notified the new National Policy on Marine Fisheries, 2017, replacing the 2004 policy. The new policy aims to boost private investment and technology in the sector.