Owing to the richness in aquatic resources in terms of fresh water, brackish water and long coastline, India is considered to be the most significant aquaculture hub of the world along with China. T he prestigious programme of India named Pradhan Mantri Matsya Sampada Yojana (PMMSY) with a total outlay of approx.2.7 billion USD. The project envisaged to upgrade and transform the status of India from a "carp hub" to a place with more diversified programmes in aquaculture for doubling the aquafarmers’ income. The major objectives of the programme are to maximize the potential of fisheries in a sustainable, responsible and inclusive way, use of land and water resources efficiently to increase fish production and productivity and to modernize and strengthen the value chain, including post-harvest management and quality improvement. The programme clearly envisioned the absolute welfare of the stakeholder communities including fishers, fish farmers and other allied workers footed in the sector. Through the project, India could emerge as a leading shrimp producer in the world with a series of developmental projects including PMMSY. The country looks forward to enhance the aquaculture productivity from 3 tonnes per ha to 5 tonnes per ha which will augment the total export earnings to approx. 13 billion USD. The sector is expected to create 0.6 million additional employment opportunities per year which will make the sector more prosperous. Five Mega Integrated Aqua Parks are envisaged during the period, creating a new dimension in the sector with improved product quality, improvised cold chains, enhanced product diversification and commendable recreation. In the coming years i t is proposed to form thousands of SHGs bringing at least 90 million women under this umbrella. For implementing the various programmes under PMMSY, National Fisheries Development Board (NFDB) and various State Governments played a pivotal role for ensuring the success to the grass root level.