Launch of Pradhan Mantri Matsya Sampada Yojana The Prad | Agriculture Exams Library
Launch of Pradhan Mantri Matsya Sampada Yojana
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme for focused and sustainable development of fisheries sector in the country with an estimated investment of Rs. 20,050 crores for its implementation during a period of 5 years from FY 2020-21 to FY 2024-25 in all States/Union Territories,as a part of AatmaNirbhar Bharat Package.
Out of this, an investment of about Rs 12340 crores is proposed for beneficiary-oriented activities in
Marine, Inland fisheries and Aquaculture and about Rs 7710 crores investment for Fisheries
Infrastructure.
PMMSY aims at enhancing fish production by an additional 70 lakh tonne by 2024-25, increasing
fisheries export earnings to Rs.1,00,000 crore by 2024-25, doubling of incomes of fishers and fish
farmers, reducing post-harvest losses from 20-25% to about 10% and generation of additional 55 lakhs direct and indirect gainful employment opportunities in fisheries sector and allied activities.
PMMSY scheme primarily focuses on adopting ‘Cluster or Area based approaches’ and creation of
Fisheries clusters through backward and forward linkages.
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