The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Govt. of India in March 2022 sanctioned the proposal of Cochin Port Trust for Modernisation and upgradation of Cochin Fishing Harbour at Thoppumpady at a total cost of Rs 169.17 crore with central financial assistance of Rs 100 crore under PMMSY, , Cochin Fishing Harbour, PMMSY, sagarmala