The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay of ₹6000.
The Sub-scheme has four components namely, Component 1-A: Formalization of fisheries sector and facilitating access of fisheries microenterprises to Government of India programs for working capital financing, Component 1-B: Facilitating adoption of aquaculture insurance, Component 2: Supporting microenterprises to improve fisheries sector value chain efficiencies, Component 3: Adoption and expansion of fish and fishery product safety and quality assurance systems, and Component 4: Project management, monitoring and reporting.
The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying has launched National Fisheries Digital Platform (NFDP) under PM-MKSSY on 11.09.2024. The NFDP aims at formalization of the Indian fisheries and aquaculture sector through creation of work-based digital identity and the database for all stakeholders in fisheries sector. It also serves as ‘one-stop’ solution for access to institutional credit, strengthening of fisheries co-operatives, incentivizing aquiculture insurance, performance-based incentives, fisheries’ traceability systems and training and capacity building. Under NFDP, 20,25,676 fishers, micro-enterprises, FFPOs and companies has been registered till date.
Pradhan Mantri Matsya Kisan Samridhi-Sah Yojana (PM-MKSSY) offers provisions under Component 1A for enhancing financial inclusion by facilitating access to institutional credit for fish workers/enterprises. Under the NFDP, the Credit facilitation module has been developed and made live. The beneficiary can login to the NFDP portal and avail the benefit. As on date, 4066 lead applications including 129 from Andhra Pradesh has been received from the beneficiaries and the same have been forwarded to banks on the platform for necessary consideration…