New Delhi, July 5 -- India's marine exports have failed to meet the ambitious targets set under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), mainly due to policy bottlenecks and sluggish global demand.

Launched to enhance fisheries infrastructure and boost exports, the PMMSY had aimed for rapid sectoral growth. However, the actual performance has fallen short, as several systemic challenges remain unresolved.

One of the major hurdles lies in policy execution. Delays in approvals for deep-sea fishing vessels, limited cold-chain facilities, and complex export clearances have hampered the sector's ability to scale operations efficiently.

Although the scheme has been backed by significant funding-over Rs 20,000 crore-the pace of infra...