Pradhan Mantri Matsya Sampad Yojana celebrates 2nd anniversary

Pradhan Mantri Matsya Sampada Yojana (PMMSY) accomplishes its successful second anniversary on 10.09.2022. To commemorate the auspicious day on 10.09.2022, Department of Fisheries, Union Ministry of Fisheries, Animal Husbandry and Dairying, held an event in New Delhi today. The key objective of the event is to manifest the achievements and future action plans of the PMMSY flagship program.

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

Pradhan Mantri Matsya Sampada Yojana (PMMSY) is India’s flagship scheme for the focused and sustainable development of the fisheries sector.

Prime Minister Narendra (PM) Narendra Modi launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY) on September 10, 2020, the PMMSY was introduced as part of the AatmaNirbhar Bharat Package, with the e-Gopala App, a comprehensive breed development marketplace and information platform for direct usage by farmers.

The main motto of PMMSY is ‘Reform, Perform and Transform’ in the fisheries sector.

The Government of India, as part of the ‘Atma Nirbhar Bharat’ package, introduced the Pradhan Mantri Matsya Sampada Yojana (PMMSY) with investments to the tune of Rs. 20,050 crores, the highest ever investment in the sector.

To augment and replenish fish production, promote sustainable fisheries practices, and support bio-conversation, PMMSY has introduced sea and river ranching programme, as a special sub-activity. For the next few years, PMMSY aims to emphasize on strategic interventions where fishing vessel insurance, promoting sustainable Aquaculture, extension support services for the fishers and fish farmers, technology infusion, Integrated Aqua Park building, Fisheries Cooperatives/ formation of FFPOs are some crucial components.

The sector employs approximately 28 million fish farmers and fishers at the primary level and almost twice the number along the fisheries value chain.

PMMSY puts special emphasis on employment generation for women, SC/ST communities by providing alternate livelihood opportunities such as seaweed cultivation, ornamental fisheries, and other associated activities. Women in fisheries are instrumental and therefore, PMMSY provides 60 percent subsidies to women beneficiaries, including special benefits to women entrepreneurs and encourage them to enter the fisheries sector.

“In the last two years, though Covid-19 has impacted the sector adversely, the sector has managed to bounce back under the scheme by adopting a series of systematic approaches. The fisheries' growth rate in the last 2 years, shows an impressive growth of 14.3per cent from 2019-20 to 2021-22. Further, fish production reached an all-time high of 141.64 lakh tons during 2019-20 to 161.87 lakh tons (provisional) during 2021-22,” added the statement. (ANI)

Purpose of the PMMSY

Considered as a ‘sunrise sector’, it envisages bringing in mammoth potential in an equitable, responsible, and inclusive manner.PMMSY aims to bring about a Blue Revolution in India by developing the fisheries sector in a sustainable and responsible manner.

Building momentum for ‘Neeli Kranti se Arth Kranti’

Written by Pinky Bothra