Prime Minister Shri Narendra Modi on 10 September 2022, launched digitally a new scheme called PMMSY (Pradhan Mantri Matsya Sampada Yojana). Now, many of our readers wanted to know what this PM Matsya Sampada scheme is about who receives the benefit of this, and what are the Matsya Sampada eligibility criteria.
Below in this article, we will know PMMSY in detail about the points we mentioned and some other information which is useful for the beneficiaries.
Pradhan Mantri Matsya Sampada Yojana
As you all know the fisheries & aquaculture sector plays an important role in nutrition, source of food, and, most important generating employment in India. This fisheries sector provides livelihood to around 25 million fishers & farmers at the initial level.
Over the last few years, the fisheries sector has shown an immense growth rate and registered a 7.53% annual growth during the last five years, which helps them to register an all-time high of 137.58 lakh metric tons. But still, there are some drawbacks on which our government needs to focus and for this, they have launched a scheme called Pradhan Mantri Matsya Sampada Yojana.
With the help of this scheme, the government intended to fill those critical gaps in fish production which are hindering productivity, production, quality, technology, post-harvesting problems, and management. Through this, they are also trying to modernise the fisheries sector and strengthen their value chain and traceability.
What is PM Matsya Sampada Yojana?
Before we move further, let’s first talk about the scheme, as the scheme name implies that this scheme is for those who are associated with the fisheries sector. This scheme is also based on Aatma Nirbhar Bharat, and through this scheme, the government aims to generate 55 lakhs of employment directly or indirectly.
Under this scheme, central and state governments will invest around Rs 20050 crores for the next five years, from FY 2020-2021 to FY 2024-2025, in all states and UTs. From this total investment, 12340 crores are proposed for marine activities and about 7710 crores for Inland Fisheries and aquaculture for fisheries infrastructure.
During 2018-2019, the GVA of the fisheries sector stood at 2,12,915 crores. That’s why this sector seems to have immense potential which will double the fisher’s and farmer’s income.
According to the government, the package proposed for this Matsya Sampada scheme is the highest ever so far.
What is the aim of PMMSY?
- The government launched this scheme with the aim that they can enhance fish production with an additional 70 lakh tonnes production by the end of 2024-25 and…
- Those associated with the export business in fisheries will earn Rs 1, 00,000 crores by the end of 2024-25.
- Doubling the income of fish farmers and fishers will also give a boost to the sector
- It reduces post-harvest losses of farmers to 10% from 20% to 25%
- And one of the most important is that it will generate an additional 55 lakh employees directly or indirectly.
- But primarily, PMMSY will focus on adopting the area-based approaches and will create fisheries clusters through backward and forward linkages, and the main aim is to generate employment activities such as seaweed and ornamental fish cultivation, which mainly focus on quality brood, seed and feed, species diversification, marketing network, and critical infrastructure.
Beneficiary list for PMMSY
Below, we have given the list of beneficiaries who will be able to get benefits from the Pradhan Mantri Matsya Sampada Yojana:-
- Fishers
- Fish Farmer
- Fish vendor and worker
- Development Corporation of Fisheries
- SHG (Self Held Group)/ JLGs (Joint Liability Groups (JLGs) in the fisheries sector
- Fisheries federation
- Fisheries cooperatives
- Entrepreneurs and private firms
- FFPOs (Fish farmer producer Organisations or companies)
- Scheduled caste/scheduled tribe/ women/ differently-abled people
- State government/ UTC
- SFDB (State Fisheries Development Board)
- Central Government and its entities
Pradhan Mantri Matsya Sampada Yojana
Every scheme’s success depends on the budget allocated for it, and on the very first day of the launch event, the central government has approved 1723 crore for the implementation of the scheme initially in 21 states and UTs in Phase I.
On 10th Sep PMMSY in Bihar received an investment of 1390 crore in which the central government share is Rs 535 crore through this they pegged a target of 3 tons of fish production additionally. During the current fiscal Central government also approved an amount of Rs 107 crore for some of the major components like:
- The establishment of RAC (Re-circulatory System)
- Manufacturing of bio floc ponds
- Finfish hatcheries
- New ponds will be constructed for aquaculture
- Ornamental fish culture units will be established
- Cages will be installed in reservoirs or wetlands
- Ice plants
- Refrigerated vehicle
- Motorcycle, cycle, and three-wheeler with ice box facility
- Fish feed plants
- Matsya seva Kendra and,
- Establishment of brood bank
PMMSY: Few Other Inauguration related to the fisheries sector
On the scheme launch day, PM they also announced the establishment of a fish brood bank which will be situated at Sitamarhi and an aquatic disease referral laboratory which was situated at Kishanganj assistance for this establishment will be provided under PM-MSY (Matsya Sampada). Through this establishment, enhancement of fish productivity, timely availability of good quality of fish, fish farmers will also get affordable and a good quality fish seeds, and disease and soil testing facility will also be provided.
What are the major outcomes of PMMSY?
After announcing the highest ever investment amount for the fisheries and aquaculture sector the government has set some of their target for the schemes whose outcomes could be as we have given below:
- By the end of 2024-25, the production of fish will be increased to 22 million from 13.75 million
- Annually a sustained growth of 9% will be expected after the launch of PMMSY
- Export earnings could double by the end of FY 2024-25 from 46,589 crores to 1,00,000.
- Productivity in aquaculture will enhance by an average of 3 tonnes to 5 tonnes per hectare
- Domestic fish consumption will increase by 12kg from 5kg per capita.
- With the help of this post-harvest loss of farmers will be reduced to 10% from 20% to 25%.
PMMSY List of Activity
The Pradhan Mantri Matsya Sampada Yojana is an umbrella scheme with 2 separate components named as central sector scheme and a centrally sponsored scheme these two components are further divided into non-beneficiary and beneficiary-oriented sub-components which were headed by 3 heads such as:
- Enhancement of production and productivity
- Infrastructure and post-harvest management
- Fisheries management and regulatory framework
- Enhancement of production and productivity
Following development programme will be done under this such as:-
a) Development of Inland Fisheries and aquaculture
b) Development of marine fisheries (including mariculture and seaweed cultivation)
c) Development of fisheries in northeastern & Himalayan States and UTs
d) Development of ornamental & recreational fisheries
e) Technology infusion & adaptation
- Infrastructure and post-harvest management
a) Post-harvest and cold chain infrastructure
b) Markets and marketing infrastructure
c) Development of deep-sea fishing
d) Aquatic health management
- Fisheries management & regulatory framework
a) Monitoring, control & surveillance
b) strengthen the safety and security of fisherman
c) Extension of fisheries and their support system
d) Insurance of fishing vessels & fishermen
PMMSY funding pattern
As the Pradhan Mantri Matsya Sampada Yojana is a centrally and state-funded scheme so in this section we will talk about the pattern of funding:
- For the central sector scheme (CS)
The whole project cost will be borne by the central government which means it will be 100% centrally funded and not a single state will pay a single rupee for this
- For centrally sponsored scheme (CSS)
The Non-beneficiary orientated sub-components which fall under the CSS component will be implemented by the states and UTs and the project cost will be shared by centre and state whose details is given as:
North Eastern Himalayan State: In this 90% share will be of central government and the rest 10% will be of state government
Other states: 60% share will be paid by the central government and the rest part will be paid by the state government
UT (with or without legislature): it was fully centrally shared
How to apply for PMMSY?
In order to apply for the PMMSY scheme beneficiaries need to go through the process that we have discussed below:
- Visit the official portal first, i.e. https://nfdb.gov.in/
- Now on the home page, scroll down to the quick link section, and here select the template tab
- Select template for preparation of DPR for fisheries project.
- Download template word doc
- Prepare a detailed report in the prescribed format
- Submit your DPR with supporting documents to the NFDB Department
- Also, do not forget to send one copy to DoF.
Important Links
| Check>>> | NFDB Official Portal |
| For More Updates Refer To>>> | NVSHQ Homepage |
FAQs
What is the name of the scheme which was launched by PM Modi for the fisheries sector of India?
The scheme, which PM Modi launched on 10 September for the fisheries sector of India, is known as Pradhan Mantri Matsya Sampada Yojana.
What is the main motto behind the launch of this PMMSY scheme?
PMMSY launched with the aim to:
increase the production and productivity of fish
doubling the income of fishers and farmers
doubling the earnings of the people who are associated with the export business in the fish industry
physical, social, and economic security for fishers and farmers.
A good, robust fisheries management and regulatory framework
What is the budget allocated for the PMMSY scheme?
The total budget allocated by the government under this scheme is 20050 crore, the highest so far.
