Matsyafed is receiving national recognition for its activities in the fisheries sector. The National Fisheries Development Board (NFDB) recognizes fisheries activities as a public sector undertaking.

The award carries a cash prize of Rs 5 lakh and a plaque from Bhubaneswar, Odisha. Matsyafed Chairman Shri.T. Manoharan and Managing Director Dr. Dineshan also accepted the small one.The recognition given to the fishermen of Kerala by Matsyafed, the world recognized Fishermen's Association, which became the savior of the people of Kerala during the Great Flood and is Kerala's own army, is recognized.