Challenge of overcapacity and overfishing arises from heavily subsidised industrial fleets, not from small-scale fishermen in India and other developing countries and LDCs: Union Minister of Commerce and Industry Shri Pi...

• India's articulation at WTO MC14 (Yaounde, Cameroon, 26-29 March 2026) that overcapacity/overfishing is driven by heavily-subsidised industrial distant-water fleets, not small-scale fishers in developing countries/LDCs.
• Forms part of ongoing "Fish 2" negotiations building on the WTO Agreement on Fisheries Subsidies (AFS) adopted at MC12 (June 2022), which entered into force on 15 September 2025.
• UPSC relevance: intersects GS-II (international institutions), GS-III (economy/fisheries/Blue Economy/SDG 14), and India's stand on Special & Differential Treatment (S&DT).