Matsyafed is engaged in the implementation of multifaceted activities for the welfare development of the fisherman community as detailed below: Production oriented activities: Through the integrated fisheries development project Matsyafed has been involved in the process of supplying quality fishing inputs to the traditional fishermen of marine and inland sectors at subsidized rates.

Welfare activities: Eight Vanitha (Malayalam: Woman) Buses are operated for transporting fisherman vendors to various routes.

Community peeling centres are being run in spite of loss to the Federation as an employment opportunity unit for fishermen.

Matsyafed has set up 200 small-scale production units of ornamental fishery benefiting 600 fishermen.

Employment generation: Matsyafed has been implementing schemes with the assistance of the National Backward classes finance and Development Corporation since 1995-96 and National Minorities development and Finance Corporation since 1997-98 to provide alternate and diversified employment avenues for the unemployed youth.

Aquaculture activities: To augment the development of fishery, Matsyafed has been managing 3 farms and 4 hatcheries.