National Scheme for Issuing Letters of Authorization (LoA) for Sustainable High Seas Fishing Background: The Vice President of India launched a national scheme for issuing Letters of Authorization (LoA) to promote sustainable fishing in the high seas. This scheme implements the Union Budget 2025–26 announcement aimed at establishing a framework for the sustainable utilization of fishery resources within India's Exclusive Economic Zone (EEZ) and the high seas. High seas fishing refers to fishing activities targeting marine resources in waters beyond national jurisdiction (extending up to 200 nautical miles, which constitutes the EEZ). About the National Scheme for Issuing Letters of Authorization (LoA) An LoA is a mandatory permit for Indian-flagged fishing vessels to fish in the high seas. Key features: Issued specifically for a single vessel. Non-transferable (cannot be assigned to another vessel). Valid for 3 years. It has been made mandatory under the 'Guidelines for Sustainable Utilization of Fishery Resources in the High Seas by Indian-Flagged Fishing Vessels, 2025'. The entire process is conducted digitally via the 'ReALCraft' (Registration and Licensing of Fishing Craft) portal; this ensures transparency, streamlined approvals, and effective monitoring. Priority for the issuance of Letters of Authorization (LoA): Fisheries cooperative societies Fish Farmer Producer Organizations (FFPOs) Indian fishers The scheme promotes responsible and sustainable fishing by ensuring that vessels comply with the conservation regulations of Regional Fisheries Management Organizations (RFMOs). These regulations include: Catch limit Measures to minimize by-catch (accidental capture of non-target species) Other conservation requirements Expected Benefits Enables India to better utilize high-seas fishery resources, particularly high-value tuna stocks. Increases fishermen's income and boosts seafood exports. Enhances the traceability of fish products and helps meet international certification standards. Supports the growth of India's Blue Economy. Creates new business and employment opportunities for the youth in the fisheries sector. Financial Intelligence Unit –…
