Shri Parshottam Rupala, the Union Minister of Fisheries, Animal Husbandry & Dairying, initiated the fifth phase of the Sagar Parikrama Yatra in Karanja, Raigad, Maharashtra. The upcoming leg of the Sagar Parikrama Yatra Phase-V will encompass various coastal areas such as Gateway of India, Karanja (Raigad District), Mirkarwada (Ratnagiri District), Devgad (Sindhudurg District), Malvan, Vasco, Mormugaon, and Canacona (South Goa).
In 2020, the Government of India launched the ambitious Pradhan Mantri Matsya Sampada Yojana (PMMSY) with the goal of transforming the country’s fisheries and aquaculture sector. The PMMSY aims to enhance fish production, create employment opportunities, improve the income of fishers and fish farmers, and contribute to the overall growth and development of coastal and inland fishing communities.
This comprehensive scheme is set to play a crucial role in the sustainable development of India’s aquatic resources and establish the nation as a global leader in fisheries.
Pradhan Mantri Matsya Sampada Yojana: Ministry, Launch Year and Implementing Body
Ministry: Ministry of of Fisheries, Animal Husbandry & Dairying
Launch Year: 2020
Implementing Body: Department of Fisheries under the Ministry of Fisheries, Animal Husbandry, and Dairying
Objectives of Pradhan Mantri Matsya Sampada Yojana
The Pradhan Mantri Matsya Sampada Yojana encompasses a range of objectives designed to drive the growth and modernization of the fisheries and aquaculture sector in India:
Goal of Pradhan Mantri Matsya Sampada Yojana
Vision of Pradhan Mantri Matsya Sampada Yojana
The Pradhan Mantri Matsya Sampada Yojana is a transformative initiative that aims to revolutionize India’s fisheries and aquaculture sector. By focusing on increasing fish production, improving infrastructure, enhancing livelihoods, and promoting sustainable practices, the scheme has the potential to propel India towards becoming a global powerhouse in fisheries.
With effective implementation and stakeholder participation, the PMMSY can drive inclusive growth, create employment opportunities, and ensure the sustainable development of aquatic resources for the benefit of all stakeholders involved
Benefits and Impact of Pradhan Mantri Matsya Sampada Yojana
The Pradhan Mantri Matsya Sampada Yojana is expected to have far-reaching benefits for the fisheries and aquaculture sector, as well as the coastal and inland fishing communities of India. Some of the key impacts of the scheme include:
Beneficiaries for Pradhan Mantri Matsya Sampada Yojana
Various stakeholders in the fisheries and aquaculture sector can benefit from PMMSY, including fishers, fish farmers, fish vendors, fish processors, exporters, and other entrepreneurs involved in allied activities. The scheme aims to provide support to both traditional and modern fishing communities across the country.
How to apply for benefits under Pradhan Mantri Matsya Sampada Yojana?
To avail benefits under PMMSY, interested individuals or organizations can visit the official website of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India.
The website provides detailed information about the scheme, its components, eligibility criteria, and the application process. Applicants can follow the guidelines and submit their applications online or offline, as specified by the concerned authorities.
Challenges and the Way Forward for Pradhan Mantri Matsya Sampada Yojana
While the Pradhan Mantri Matsya Sampada Yojana holds immense potential for the fisheries and aquaculture sector, some challenges need to be addressed for its successful implementation. These challenges include:
To overcome these challenges, a collaborative approach involving the government, industry, academia, and civil society is required. Regular monitoring, evaluation, and feedback mechanisms should be in place to track the progress of the scheme and make necessary course corrections.
Funding Objectives of Pradhan Mantri Matsya Sampada Yojana
The primary objective of the PMMSY’s funding pattern is to encourage investment in fisheries and aquaculture infrastructure, promote sustainable fishing practices, enhance fish production, and create employment opportunities for fishermen and fish farmers across the country.
The scheme targets the development of both marine and inland fisheries, aiming to increase fish production to meet the growing demand for fish protein in India.
Funding Allocation of Pradhan Mantri Matsya Sampada Yojana
The Pradhan Mantri Matsya Sampada Yojana has a total outlay of ₹20,050 crore over a period of five years, from 2020 to 2024-25. The central government provides a substantial amount of funding for the scheme, while the remaining funds are expected to be contributed by the state governments, beneficiaries, financial institutions, and other stakeholders.
The funding allocation is divided into different components, which include:
Central Sector Scheme: Under this component, the central government provides financial assistance for various activities such as the establishment of fisheries infrastructure, fishing harbors, cold chain facilities, and fish markets. It also supports the implementation of advanced fishing technologies, including deep-sea fishing vessels and fish aggregating devices.
State Sector Scheme: The state governments play a crucial role in the implementation of the PMMSY. They are responsible for the development and management of fisheries and aquaculture resources within their respective states. The state sector scheme aims to strengthen the state’s capacity to support fisheries and aquaculture activities through financial assistance and capacity building.
Beneficiary-oriented Schemes: The PMMSY emphasizes the welfare of fishermen and fish farmers. To ensure their active participation and upliftment, the scheme provides financial assistance for activities such as the construction of houses, installation of renewable energy devices, development of fish markets, and skill development training.
Non-fund-based Support: In addition to financial assistance, the PMMSY offers non-fund-based support, including policy interventions, reforms, and capacity building. These initiatives aim to create an enabling environment for the fisheries sector’s sustainable growth and development.
Implementation and Monitoring of Pradhan Mantri Matsya Sampada Yojana
The implementation and monitoring of the Pradhan Mantri Matsya Sampada Yojana involve a collaborative effort between the central government, state governments, and various stakeholders. The funds are released in a phased manner, with periodic reviews to assess progress and ensure the optimal utilization of resources. States are encouraged to prepare their perspective plans and prioritize activities based on their specific needs and potential