Pradhan Mantri Matsya Sampada Yojana (PMMSY)
Why in News?
- Pradhan Mantri Matsya Sampada Yojana (PMMSY) is increased focus on women‑led fisheries cooperatives, climate‑resilient coastal fishing villages, and deep‑sea/blue‑economy expansion under the scheme’s ongoing implementation phase.
What is PMMSY?
- Launched in September 2020 as a flagship “umbrella” scheme for holistic development of fisheries and aquaculture in India.
- Aims to double fishers’ incomes, modernise infrastructure, reduce post‑harvest losses, and boost exports and employment.
- Implemented with total outlay of ₹20,050 crores for FY 2021–25; extended up to FY 2025–26 to cover remaining targets.
- Operates through two broad streams:
- Central Sector Component: fully funded by Centre.
- Centrally Sponsored Component: cost shared between Centre and States/UTs.
- Beneficiary Subsidies: For individual/group activities, the total government subsidy (Centre + State) is 40% for the General category and 60% for SC/ST/Women.
Core Objectives
- Harness Potential: Sustainably expand fish production and productivity across inland, marine, and aquaculture sectors.
- Income Doubling: Target doubling the incomes of fishers and fish farmers.
- Modernization: Strengthen the entire value chain, including post-harvest infrastructure (cold chains, ice plants) and marketing.
- Waste Reduction: Reduce post-harvest losses from approximately 20–25% down to 10%.
- Employment: Generate approximately 55 lakh direct and indirect employment opportunities
Download Pdf
Get in Touch
