Matsya Sampada Yojana (PMMSY) Under Aatmanirbhar Bharat

PM Matsya Sampada Yojana (PMMSY) Fisheries scheme Key features:

1. Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a Fisheries scheme to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India under two components namely, Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS).
2. The Scheme will be implemented during a period of 5 years from FY 2020-21 to FY 2024-25.
3. Nodal Ministry: Ministry of Fisheries, Animal Husbandry and Dairying. – Fisheries scheme

Implementation:

Central Sector Scheme (CS) – The entire project/unit cost will be borne by the Central government (i.e. 100% central funding).

The Centrally Sponsored Scheme (CSS) Component is further segregated into Non-beneficiary oriented and Beneficiary orientated sub­components/activities under the following three broad heads:

1. Enhancement of Production and Productivity.
2. Infrastructure and Post-Harvest Management.
3. Fisheries Management and Regulatory Framework.

Structure of Pradhan Mantri Matsya Sampada Yojana (PMMSY):

PMMSY is a umbrella scheme constituting two separate components such as: Central Sector Scheme and Centrally Sponsored Scheme. PMMSY has been approved at a total estimated investment of Rs 20,050 crores. The composition of investment is as follows:

• Central Share of Rs 9407 crore
• State Share of Rs 4880 crore
• Beneficiaries Share of Rs 5763 crore

Major Benefits of PMMSY:

1. Address the critical gaps in the fisheries sector and realize its potential.
2. Augmenting fish production and productivity at a sustained average annual growth rate.
3. Improving availability of certified quality fish seed and feed, traceability in fish and including effective aquatic health management.
4. Creation of critical infrastructure including modernisation and strengthening of value chain.
5. Creation of direct gainful employment opportunities to about 15 lakh fishers, fish farmers, fish workers, fish vendors and other rural/urban populations in fishing and allied activities.
6. Boost to investments in fisheries sector and increase of competitiveness of fish and fisheries products.
7. Social, physical and economic security for fishers and fish workers.

Intended Beneficiaries:

Fishers, Fish farmers,  Fish workers, Fish vendors, SCs/STs/Women/Differently abled persons, Fisheries cooperatives/Federations, FFPOs, Fisheries Development corporations, Self Help Groups (SHGs)/Joint Liability Groups (JLGs) and  Individual Entrepreneurs.