Pradhan Mantri Matsya Sampada Yojana (PMMSY) Key features:
- 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).
- The Scheme will be implemented during a period of 5 years from FY 2020-21 to FY 2024-25.
- Nodal Ministry: Ministry of Fisheries, Animal Husbandry and Dairying.
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:
- Enhancement of Production and Productivity.
- Infrastructure and Post-Harvest Management.
- 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:
- Address the critical gaps in the fisheries sector and realize its potential.
- Augmenting fish production and productivity at a sustained average annual growth rate.
- Improving availability of certified quality fish seed and feed, traceability in fish and including effective aquatic health management.
- Creation of critical infrastructure including modernisation and strengthening of value chain.
- 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.
- Boost to investments in fisheries sector and increase of competitiveness of fish and fisheries products.
- Social, physical and economic security for fishers and fish workers.
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.