Pradhan Mantri Matsya Sampada Yojana: Prime Minister Shri Narendra Modi on Thursday i.e. 10th September 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 about and who receive the benefit of this, and what are the Matsya Sampada eligibility criteria. So 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
- 1 Pradhan Mantri Matsya Sampada Yojana 2020
- 2 PM Matsya Sampada Yojana?
- 3 Beneficiary list for PMMSY
- 4 Pradhan Mantri Matsya Sampada Yojana
- 5 What are the major outcomes of PMMSY?
- 6 PMMSY funding pattern
Pradhan Mantri Matsya Sampada Yojana 2020
As you all know that 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. From last few year fisheries sector has shown an immense growth rate and registered a 7.53% of annual growth during the last 5 years which helps them to register an all-time high of 137.58 lakh metric tons. But still, there are some drawbacks in which our government needs to focus and for this, they had 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 modernization the fisheries sector and strengthen their value chain and traceability
PM Matsya Sampada Yojana?
Before we move further let’s first talk about the scheme, as the scheme name resembles 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 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, an amount of 12340 crores is proposed for marine activities and about 7710 crores for Inland Fisheries and aquaculture for fisheries infrastructure.
During 2018-2019 GVA of fisheries sector stood at 2,12,915 crores. That why this sector seems immense potential which will double the fishers and farmer 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?
- Government launches this scheme with an aim that they can enhance the fish production with an additional 70 lakh tonnes production by the end of 2024-25 and…
- those who are associated with the export business in fisheries will get an earning of 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 employment directly or indirectly
- But primarily PMMSY will focus on adopting the area-based approaches and will create fisheries cluster through backward and forward linkages and the main aim 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 beneficiary who will be able to get benefit from Pradhan Mantri Matsya Sampada Yojana:
- Fish Farmer
- Fish vendor and worker
- Development Corporation of fisheries
- SHG (Self Held Group)/ JLGs (Joint Liability Groups (JLGs) in fisheries sector
- Fisheries federation
- Fisheries cooperatives
- Entrepreneurs and private firms
- FFPOs (Fish farmer producer Organisation or companies)
- Scheduled caste/scheduled tribe/ women/ differently abled people
- State government/ UTs
- SFDB (State fisheries development board)
- Central Government and their entities
Pradhan Mantri Matsya Sampada Yojana
Every scheme success depend on the budget allocated for it and on the very first day of launch event the central government has approved 1723 crore for the implementation of scheme initially in 21 states and UTs in Phase I.
On 10th Sep PMMSY in Bihar receive an investment of 1390 crore in which 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 component 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
On the scheme launch day PM 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 and the 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 seed, 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 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 be 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 be increase by 12kg from 5kg per capita.
- With the help of this post-harvest loss of farmer 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 centrally sponsored scheme and these two components are further divided into non-beneficiary and beneficiary oriented sub-components which were headed by 3 head 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 (also include 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 CSS component will be implemented by the states and UTs and the project cost will be shared by center and state whose details is given as:
North eastern Himalayan State: In this 90% share will be of central government and rest 10% will be of state government
Other states: 60% share will be paid by the central government and rest part will be paid by state government
UTs (with or without legislature): it was fully centrally shared
How to apply for PMMSY?
As nothing was mentioned about this on the details released by the Government of India, but if we receive anything about its application and its process then we will definitely share that information with you on this page. For more details on this reader can visit the official website of the fisheries department.
The scheme which was launched by PM Modi on 10th September for fisheries sector of India is known as Pradhan Mantri Matsya Sampada Yojana
PMMSY launched with an aim to:
increase the production and productivity of fish
doubling the income of fishers and farmers
doubling the earning of the people who are associated with export business in fish industry
physical, social, and economic security for fisher and farmers.
A good robust fisheries management and regulatory framework
The PM Matsya Sampada Yojana will be implemented over a period of 5 years from FY 2020-2021 to 2024-2025
The total budget allocated by the government under this scheme is 20050 crore which is the highest so far.
Under the Matsya Sampada phase- I project central government has allocated 1723 crore.