PM Modi Launched Matsya Sampada Yojana

In order to increase the income of farmers in the country, several schemes are being implemented by the government to boost animal husbandry as well as fisheries. To increase fish farming in the country, Prime Minister Shri Narendra Modi has launched PM Matsya Sampada Yojana, e-Gopala App, and many initiatives related to studies and research in fish production, dairy, animal husbandry, and agriculture through video conferencing

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In his address on this occasion, the PM said that the objective of the inauguration of all these schemes is to empower our villages and build a self-reliant India in the 21st century. The Prime Minister said that the Matsya Sampada Yojana is also being started with this objective. He said that the scheme is being launched in 21 states of the country with an investment of Rs. 20,000 crores. This amount will be spent in the next 4-5 years. Apart from this, other projects worth Rs 1,700 crore are being launched today. He said that under this scheme many facilities are being started in Patna, Purnia, Sitamarhi, Madhepura, Kishanganj, and Samastipur.

New infrastructure, modern equipment, and new market facilities for fish producers The Prime Minister said that the scheme provides more opportunities to fish producers through new infrastructure, modern equipment, and access to new markets as well as agriculture through other means. He said that this is the first time since independence that such a big scheme has been launched for the fisheries sector in the country. Shri Modi said that keeping in view the importance of the region and to specifically look into the issues related to fisheries, the Government of India has constituted a separate Ministry. It will have great facilities for fishermen and their associates related to fisheries and sales.

Pradhan Mantri Matsya Sampada Yojana The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a fisheries sector-centric and sustainable development scheme, which is implemented under the self-sufficient India package during the five-year period from FY 2020-21 to FY 2024-25. To be implemented in the states and an estimated investment of Rs 20,050 crore. Of this, an investment of about Rs 12,340 crore is proposed for beneficiary-centric activities in marine, inland fisheries and aquaculture, and an investment of Rs 7,710 crore for fisheries infrastructure.

The objectives of PMMSY include increasing fish production by 70 million tonnes by 2024-25, doubling income from fish exports to Rs 1,00,000 crore by 2024-25, doubling the income of fishermen and fisher farmers, post-harvest losses by 20-25 percent Reduce to 10 percent and create 55 lakh direct and indirect employment opportunities in the fisheries sector and allied activities. Created with the objective of addressing the shortcomings in fish production and productivity, quality technology, post-harvest infrastructure and management, modernization and strengthening of the pricing chain, robust fisheries management framework, and fisheries welfare.

With a view to strengthening the achievements of the Blue Revolution Plan, several new interventions are envisaged through PMMSY including insurance of fishing vessels, support for upgrading fishing vessels/boats, bio-toilets, salts/alkalis Areas of aquaculture, ocean friend, FFPO / CS, nucleus breeding centers, fisheries, and aquaculture start-ups, incubators, integrated aqua parks, integrated coastal fishing village development, the network of aquatic laboratories and expansion of their facilities, identification facility, Certification and accreditation, RAS, Biofloc and Cage culture, e-trading/marketing, fisheries management plan, etc.

This scheme mainly focuses on the creation of fisheries and areas, making necessary investments in the project. It will mainly focus on employment generation activities like seaweed and ornamental fish farming. It has a special focus on brewing quality species of fish and developing their various species, development of important infrastructure and marketing networks, etc. So far, under this scheme, the Fisheries Department has approved proposals worth Rs.1723 crore for 21 States / Union Territories in the first phase. Under this, priority has been given to income-generating activities.

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