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Abstract: This paper describes a prey–predator fishery model with stage structure for prey. The adult prey and predator populations are harvested in the proposed system. The dynamic behavior of the model system is discussed. It is observed that singularity induced bifurcation phenomenon is appeared when variation of the economic interest of harvesting is taken into account. We have incorporated state feedback controller to stabilize the model system in the case of positive economic interest. Fishing effort used to harvest the adult prey and predator populations is used as a control to develop a dynamic framework to investigate the optimal utilization of the resource, sustainability properties of the stock and the resource rent earned from the resource. Pontryagin’s maximum principle is used to characterize the optimal control. The optimal system is derived and then solved numerically using an iterative method with Runge–Kutta fourth-order scheme. Simulation results show that the optimal control scheme can achieve sustainable ecosystem. [Copyright &y& Elsevier]