Pradhan Mantri Matsya Sampada Yojana 2024 Objectives, Benefits and Strategies

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship initiative by the Government of India aimed at revolutionizing the fisheries sector in the country. Through strategic interventions and comprehensive policies, Pradhan Mantri Matsya Sampada Yojana (PMMSY) seeks to enhance the productivity, sustainability, and overall development of the fisheries industry.

Overview Table Pradhan Mantri Matsya Sampada Yojana

Aspect	Details
Scheme Name	Pradhan Mantri Matsya Sampada Yojana (PMMSY)
Key Objective	To revolutionize the fisheries sector in India by enhancing productivity, sustainability, and overall development.
Implementation Period	FY 2020-21 to FY 2024-25
Total Investment	Rs. 20,050 crores
Funding Components	Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS)
Eligibility Criteria	Individuals engaged in fisheries-related activities, such as fishers, fish farmers, fish workers, and fish vendors. Fisheries Development corporations. Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in the fisheries sector. Fisheries cooperatives. Fisheries Federations. Entrepreneurs and private firms involved in the fisheries sector. Fish Farmers Producer Organisations/Companies (FFPOs/Cs). SCs/STs/Women/Differently abled persons interested in fisheries activities.
Documents Required	Aadhaar Card PAN Card Bank Account Details Business Registration Certificate Project Report Land Documents: Documents such as land lease agreements, land ownership documents, or NOC from the landowner are required if the project requires land. Partnership Deed or Memorandum of Association (MOA)

प्रधानमंत्री मत्स्य संपदा योजना (पीएमएमएसवाई)

प्रधानमंत्री मत्स्य संपदा योजना (पीएमएमएसवाई) भारतीय मत्स्य सेक्टर को बढ़ावा देने के लिए एक महत्वपूर्ण कदम है। यह योजना मत्स्य संवर्धन, प्रौद्योगिकी, उत्पादन की गुणवत्ता और प्रबंधन में सुधार करने का उद्देश्य रखती है, साथ ही मत्स्य सेक्टर में निवेश को बढ़ावा देती है। यह योजना मत्स्य संबंधित उत्पादन को बढ़ावा देने, प्रौद्योगिकी को प्रोत्साहित करने, प्रबंधन क्षमता को मजबूत करने, और मत्स्यकारों के लाभ को बढ़ाने के लिए विभिन्न प्रकार की सहायता प्रदान करती है।

What is Pradhan Mantri Matsya Sampada Scheme?

Fisheries and aquaculture are vital for food, income, and employment in India, supporting 16 million livelihoods directly and double that indirectly. The sector’s Gross Value Added was Rs 2,12,915 crores in 2018-19, with a growth rate of 10.88% annually.

Recognizing this potential, the Government launched the Pradhan Mantri Matsya Sampada Scheme, investing Rs. 20,050 crores over five years from FY 2020-21 to FY 2024-25.

The Pradhan Mantri Matsya Sampada Scheme aims to enhance fish production, quality, and technology, with components focusing on productivity, infrastructure, and regulatory frameworks. It comprises both a Central Sector Scheme (CS) and a Centrally Sponsored Scheme (CSS) with sub-components targeting production, infrastructure, and fisheries management.

Pradhan Mantri Matsya Sampada Yojana Objectives

The Aims and Objectives of Pradhan Mantri Matsya Sampada Yojana are provided below:

1. Harness fisheries potential sustainably, inclusively, and equitably.
2. Boost fish production and productivity via expansion, diversification, and efficient land and water use.
3. Modernize the value chain for better post-harvest management and quality.
4. Double incomes of fishers and farmers while creating jobs.
5. Increase contribution to Agriculture GVA and exports.
6. Ensure social, physical, and economic security for fishers and farmers.
7. Establish a robust fisheries management and regulatory framework.

Pradhan Mantri Matsya Sampada Yojana Benefits

Benefits from PMMSY are provided below.

1. Increased fish production and productivity.
2. Modernization and strengthening of the fisheries value chain.
3. Doubling of incomes for fishers and fish farmers.
4. Generation of employment opportunities.
5. Enhanced contribution to Agriculture GVA and exports.
6. Improved social, physical, and economic security for fishers.
7. Establishment of a robust fisheries management and regulatory framework.

Pradhan Mantri Matsya Sampada Yojana Eligibility Criteria

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) extends its benefits to various stakeholders involved in the fisheries sector. List of all Pradhan Mantri Matsya Sampada Yojana Eligibility Criteria is provided below:

• Individuals engaged in fisheries-related activities, such as fishers, fish farmers, fish workers, and fish vendors.
• Fisheries Development corporations.
• Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in the fisheries sector.
• Fisheries cooperatives.
• Fisheries Federations.
• Entrepreneurs and private firms involved in the fisheries sector.
• Fish Farmers Producer Organisations/Companies (FFPOs/Cs).
• SCs/STs/Women/Differently abled persons interested in fisheries activities.

Implementation Strategy and Activities of PM Matsya Sampada Yojana

Targets Set for the Scheme:

1. Investment of Rs 20,050 Crore in PMMSY is the highest in Fisheries.
2. Expected outcomes include:
   (a) Fish production to increase from 13.75 to 22 million metric tons.
   (b) Average annual growth of 9% in fish production.
   (c) Fisheries GVA contribution to Agriculture GVA to rise from 7.28% to about 9%.
   (d) Export earnings to double to about Rs. 1,00,000 crore.
   (e) Aquaculture productivity to increase from 3 to about 5 tonnes per hectare.
   (f) Post-harvest losses to decrease from 20-25% to about 10%.
   (g) Incomes of fishers and farmers to double.
   (h) Generation of about 15 lakh direct jobs and triple indirect employment.
   (i) Increase in domestic fish consumption from about 5 kg to about 12 kg per capita.
   (j) Encouragement of private investment and entrepreneurship in the fisheries sector.

Strategy and Activities:

• PMMSY includes Central Sector Components and Centrally Sponsored Scheme Components for comprehensive fisheries development.
• States/Union Territories play a crucial role, with some areas receiving full funding from the Central government.
• PMMSY balances production and productivity, emphasizing quality, sustainability, and traceability in fisheries.
• Private sector engagement, entrepreneurship, and innovation are encouraged under PMMSY.
• Cluster-based approaches are adopted to enhance competitiveness and amplify outcomes.
• PMMSY leverages and converges with other government schemes to maximize impact.
• It establishes a structured implementation framework down to the district level.
• Fisheries Management Plans and Integrated District Fisheries Development Plans are developed for effective resource utilization.
• Water management, spatial planning, and technological advancements are prioritized in aquaculture.
• PMMSY aims to boost exports to Rs 1 lakh Crore by 2024-25 through species diversification and value addition.
• Promotion of startups, innovations, and entrepreneurship is integral to PMMSY.
• Large-scale promotion of aquaculture in Northern India and development of fisheries management plans are key initiatives.
• Genetic improvement of commercial fish species and adoption of blockchain technology for traceability are emphasized.
• Aquatic health management and development of modern fishing villages are key components.
• Organic aquaculture promotion, introduction of insurance coverage for fishing vessels, and extension support services are prioritized.
• Investments in fishing harbors and landing centers are pivotal under PMMSY.
• Support for technologically advanced fishing vessels, seaweed, and ornamental fisheries is emphasized.

Funding Pattern

Scheme Component	Funding Pattern
Central Sector Scheme (CS)	– 100% central funding
	– Up to 40% of the project cost assistance for General category
	– Up to 60% of the project cost assistance for SC/ST/Women category
Centrally Sponsored Scheme (CSS)	Non-beneficiary oriented:
	– North Eastern & Himalayan States: 90% Central, 10% State
	– Other States: 60% Central, 40% State
	– Union Territories: 100% Central
	Beneficiary oriented:
	– Assistance limited to 40% for General, 60% for SC/ST/Women
	-North Eastern & Himalayan States: 90% Central, 10% State – Other States: 60% Central, 40% State – Union Territories: 100% Central
Livelihood and Nutritional Support Activity	Activity Funding Pattern:
	General States: 50:50 Centre and State
	North East & Himalayan States: 80:20 Centre and State
	Union Territories: 100% Centre share

Pradhan Mantri Matsya Sampada Yojana Application Process

1. Prepare Proposal:
   • Draft a Self-Contained Proposal/Detailed Project Report (DPR) according to PMMSY guidelines.
2. Submission for Centrally Sponsored Scheme:
   • Deliver the proposal to the District Fisheries Officer in your domicile district or the relevant officer in the respective State/Union Territory.
3. Submission for Central Sector Scheme:
   • Send project proposals for the Central Sector Scheme Component to the Department of Fisheries, Government of India, at the provided address:

The Secretary

Department of Fisheries

Ministry of Fisheries, Animal Husbandry, and Dairying

Government of India

Room No-221, Krishi Bhawan

New Delhi – 110 001

email: [email protected]

Pradhan Mantri Matsya Sampada Yojana Documents Required

• Aadhaar Card
• PAN Card
• Bank Account Details
• Business Registration Certificate
• Project Report
• Land Documents: Documents such as land lease agreements, land ownership documents, or NOC from the landowner are required if the project requires land.
• Partnership Deed or Memorandum of Association (MOA)

Conclusion

In conclusion, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a significant initiative by the Government of India aimed at transforming the fisheries sector by enhancing productivity, sustainability, and overall development. This scheme, with both Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS) components, targets various aspects of fisheries development, including production, infrastructure, and regulatory frameworks.

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