The Department of Animal Husbandry, Dairying & Fisheries, Ministry of Agriculture and Farmers Welfare under the Central Plan Scheme on Blue Revolution: Integrated Development and Management of Fisheries provides financial assistance to all State Governments and Union Territories including Lakshadweep for promoting fisheries Sector. The Blue Revolution Scheme, with its multi-dimensional activities, focuses mainly on increasing fisheries production and productivity from aquaculture and fisheries resources. Besides, the Administration of Lakshadweep is also implementing schemes for development of fisheries.
The Marine Products Export Development Authority (MPEDA), Ministry of Commerce & Industry has convened a meeting of officials of Kerala State Cooperative Federation for Fisheries Development Ltd. (MATSYAFED), National Institute of Fisheries Post Harvest Technology and Training (NIFPHATT) and a representative exporter to explore the export prospects of tuna from Lakshadweep on 06-01-2017. One of the exporters has shown interest in setting up of tuna processing facility in Lakshadweep with the technical assistance from Japan. A team from the exporter side visited the Island during the second week of January, 2017. MPEDA has offered all possible assistance in this regard.