Pradhan Mantri Matsya Sampada Yojana

On September 10, 2020, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) was started. Over a five-year period, the scheme's goal is to bring about a Blue Revolution through the sustainable growth of the fisheries sector (2020-2025.) PMMSY was announced in the 2019-20 Union Budget.

Brief Facts about PM Matsya Sampada Yojana
Launch Date	10th September 2020
Concerned Government Department	Department of Fisheries
Tenure	2020-2025
Beneficiaries	FishersFish farmers(Fish workers and Fish vendorsFisheries Development corporationsSelf Help Groups (SHGs)/Joint Liability Groups (JLGs) in the fisheries sectorFisheries cooperativesFisheries FederationsEntrepreneurs and private firmsFish Farmers Producer Organisations/Companies (FFPOs/Cs)SCs/STs/Women/Differently abled persons
Direct Link	http://dof.gov.in/pmmsy

What is Prime Minister Matsya Sampada Yojana?

It is an umbrella scheme to develop the fisheries sector with a total outlay of Rs. 20050 crores. It has two components:

1. Central Sector Scheme (CS)
   • Non-beneficiary oriented scheme
   • Beneficiary oriented scheme (Central Assistance for General Category – 40%; SC/ST/Women – 60%)
2. Central Sponsored Scheme (CSS) – (Central Assistance for Northeastern States – 90%, Other States – 60%; and UTs – 100%)
   • Non-beneficiary oriented scheme
   • Beneficiary oriented scheme

The central sponsor scheme component of the PMMSY will cover three broad sub-components:

• Productivity and Production Enhancement
• Infrastructure and Post-harvest Management are two important aspects of post-harvest management.
• Framework for Fisheries Management and Regulation

It wants to work on the following:

1. Production of fish
2. Productivity in the fishing industry
3. The fisheries and aquaculture industries' quality
4. Infrastructure and management for post-harvest
5. Value chain modernization
6. Fishermen's and fish farmers' well-being
7. Framework for fisheries management

PM Matsya Sampada Yojana –Download PDF Here

Objectives of PM Matsya Sampada Yojana

The main objective of the PMMSY is to develop fisheries and aquaculture sectors.

• Harness the sector's potential in a way that is sustainable, responsible, inclusive, and equitable.
• Increased fish output and productivity via efficient utilisation of land and water resources.
• Improve quality and post-harvest management through modernising the value chain.
• Increase the revenue of fishermen and fish growers.
• Increase employment in the fishing industry.
• Increase the contribution of the fisheries industry to total agriculture GVA and exports.
• Provide fish growers and fishermen with social, economic, and physical security.
• Create a strong management and regulatory framework for fisheries.

Key Facts about the PMMSY

• ‘Catch to consumer' is a phrase that means ‘catch to consumer.' post-harvest infrastructure management — Along with the expansion of fisheries output, quality post-harvest management is a primary focus.
• Private Sector Participation — Promotion of start-ups, incubators, and other businesses in the fisheries sector, as well as the creation of business models, ease of doing business, and new concepts, will be pursued.

1. Cluster/Area-based Approaches – It will identify the potential clusters for fisheries’ development and will be supported with:
   • Requisite interventions
   • Forward and backward linkages
   • Facilities with quality brood, seed and feed
   • Infrastructure
   • Processing and marketing networks
2. Linking and converging existing schemes – To amplify the outcomes of PM Mastya Sampada Yojana, it will be fostered with the following schemes among others:
   • Ministry of Shipping’s Sagarmala Project
   • Ministry of Food Processing Industries’ PM Kisan Sampada Yojana
   • Ministry of Rural Development’s National Rural Livelihood Mission (NRLM).
   • Ministry of Rural Development’s Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).
   • Ministry of Agriculture’s Rashtriya Krishi Vikas Yojana (RKVY).
3. Institutional Mechanisms for a mission-mode implementation – Under the PMMSY, district, sub-district level units will be created along with:
   • State Programming Units
   • District Programming Units
   • Sub-district Programme Units
4. Allocations for new and emerging technologies for effective use of land and water resources:
   • Recirculatory Aquaculture Systems
   • Biofloc
   • Aquaponics Cage Cultivation

• Increase exports to Rs. 1 lakh crores by 2024-25 — In partnership with the Marine Products Exports Development Authority, the project will focus on species diversity, value addition, end-to-end traceability, and brand development (MPEDA).
• The development of the fisheries industry in J&K, Ladakh, the Islands, the Northeast, and the Aspirational Districts is prioritised through area-specific strategic development planning.
• The promotion of aquaculture will be concentrated on the saline and alkaline areas of Northern India.
• Aquatic health management — Diseases, anti-biotics, and residual concerns will be addressed with the use of an integrated laboratory network.
• Creation of a national platform to deliver affordable and quality fish – E-marketing and E-trading of Fish along with wholesale and retail fish markets will be created.

Key New Strategies under PM Matsya Sampada Yojana

The government, under the scheme, has introduced various initiatives for the first time, in promotion of fisheries sector:

1. For the first time, the emphasis is being laid on the Genetic improvement of commercially important fish species and on establishing Nucleus Breeding Center for self-reliance in Shrimp Broodstock.
2. Start-up promotion in Fisheries and Aquaculture along with the promotion of incubation centres, sea ranching, encouraging innovations, entrepreneurship models.
3. Use of Blockchain Technology, Global Standards and Certification, Accreditation of Brood banks, Hatcheries, Farms etc.
4. Coastal fisher communities – As a key new strategy of PM Matsya Sampada Yojana, modern fishing villages will be created.
5. Fish Farmers Producer Organizations to foster collectivization of fishers and fish farmers.
6. Development of Aqua Parks to house a modern aquarium.
7. Extension support services – 3347 Sagar Mitras will be created by engaging youth in fisheries extension. Fisheries Extension Service Centers will be set up.
8. Introduction of the insurance coverage for the fishing vessels.

Significance of Pradhan Mantri Matsya Sampada Yojana (PMMSY)

Following are the desirable outcomes of PMMSY:

1. The increase of fish production from 13.75 million metric tons (MMT) (2018-19) to 22 million metric tons by 2025.
2. Increase of the fisheries sectors’ GVA contribution in the agriculture GVA from 7.28% to 9% by 2025.
3. Double export earnings from Rs.46589 crore to Rs. 1 lakh crore by 2025.
4. Decrease in post-harvest loss from 25 percent to 10 percent.
5. Generation of 15 lakh direct employment opportunities.
6. Increase in domestic fish consumption from 5 kg to 12 kg per capita.