• The Centre has given its approval for implementation of Pradhan Mantri Matsya Sampada Yojana (PMMSY)
• The Scheme aims to bring blue revolution through sustainable and responsible development of fisheries sector in India.
• Fisheries sector provides livelihood to more than 20 million fishers and fish farmers at the primary level and twice the number along the value chain.
Aims and objectives of PMMSY
• Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner.
• Enhancing of fish production and productivity through expansion, intensification, diversification. and productive utilization of land and water.
• Modernizing and strengthening of value chain – post-harvest management and quality improvement.
• Doble fold fishers and fish farmers incomes and generation of employment.
• Enhancing contribution to Agriculture GVA (Gross Value Added) and exports.
• Social, physical and economic security for fishers and fish farmers.
• Strong fisheries management and regulatory framework.
How PMMSY will help the sector?
• It will be implemented as an umbrella scheme with two separate components, Central Sector Scheme and Centrally Sponsored Scheme.
• Rs. 1720 Crore and Rs. 18330 crores have been envisaged respectively under PMMSY scheme.
• Collectivization of fishers and fish farmers through Fish Farmer Producer Organizations (FFPOs) to increase bargaining power of fishers and fish farmers is a key feature of PMMSY.
• Support will be provided for safety and security of fishers at sea, technologically advanced fishing vessels will be acquired for fishermen for promotion of deep-sea fishing, Fishing vessels will be upgraded for improving the export competitiveness, communication and/or tracking devices and Bio-toilets in fishing vessels.
• It will generate about 55 lakhs direct and indirect employment opportunities in the fisheries sector along the supply and value chain.
• It will double export earnings from Rs.46,589 crores (2018-19) to about Rs.1,00,000 crores by 2024-25.
Who all will get benefited by this scheme?
• 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.