The Diversifying Landscape of India’s Agri-allied Economy: An Analysis of Output Value Composition and Value Chain Dynamics in the Fisheries Sector

In this study, we looked into the role of the fishing and aquaculture sectors in advancing the process of diversification in India’s agri-allied sectors over the past decade (2014–2023). By analyzing the data on output value across key sub-sectors of agriculture, the study observed a divergent growth dynamic of output-driven expansion in the inland sector and value-led growth in the marine sector, driven by increasing demand and rising prices. For fishers, the benefits of real price growth remain under-capitalized: although it increases revenue potential, much of the gain is captured by intermediaries with stronger market access, capital, and infrastructure, leaving producers more vulnerable to volatility. Addressing these challenges requires policies that strengthen direct market linkages, integrate market dynamics into fisheries policy and planning, and enhance infrastructure, ensuring that sectoral value growth translates into real welfare gains for fishers.

JEL Classification: Q18, Q21, Q22