Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government of India initiative to establish a comprehensive framework and close infrastructure gaps in the fisheries sector. The scheme was announced by Finance Minister Nirmala Sitharaman on 5 July 2019 during her speech in India’s parliament while presenting the Union Budget for 2019–20. By implementing Neeli Kranti (translation: Blue Revolution), the government intends to place India first in fish production and processing. In addition, this programme aligns with the government’s goal of doubling farmers’ income by 2022–23.

The strategy envisions integrating all fishermen with agricultural producers and providing all amenities accessible to farmers through farmer welfare initiatives to fishers. Accordingly, a new specialized Fisheries department was established inside the newly formed Ministry of Fisheries, Animal Husbandry, and Dairying to carry out this and other government policy objectives.

Overview of Pradhan Mantri Matsya Sampada Yojana

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is intended to address critical gaps in fish production and productivity, quality, technology, post-harvest infrastructure and management, modernization and strengthening of the value chain, traceability, the establishment of a robust fisheries management framework, and fisher welfare.

• The PMMSY is an umbrella scheme comprising two distinct components: the Central Sector Scheme (CS) and the Centrally Sponsored Scheme (CSS).
• The CSS Component is further subdivided into non-beneficiary focused and beneficiary oriented subcomponents/activities under the following three main headings:

1. Infrastructure Improvements for Production and Productivity, as well as Post-Harvest Management
2. Management and Regulatory Framework for Fisheries

• Pradhan Mantri Matsya Sampada has been authorized with a total anticipated investment of Rs. Twenty thousand fifty crores, which includes a central portion of Rs. Nine thousand four hundred seven crores, a state part of Rs. Four thousand eight hundred eighty crores, and a beneficiary contribution of Rs. 5763 crores.
• PMMSY will be implemented in all states and union territories during five years, beginning in the fiscal year 2020-21 and ending in the fiscal year 2024-25.

Centrally Sponsored Scheme (CSS)

The entire project/unit cost will be split between the Centre and the State for the non-beneficiary oriented sub-components/activities under the CSS component to be implemented by the States/UTs, as mentioned below:

1. North Eastern and Himalayan states receive 90% of the Central share and 10% of the State share.
2. Other States: 60 per cent Central and 40 per cent State.
3. Union Territories (both with and without legislatures): 100% Central share.

Beneficiary-oriented, i.e. individual/group activities subcomponents/activities under CSS component to be implemented by the States/UTs, government financial assistance from both the Centre and the State/UTs governments will be limited to 40% of the project/unit cost for the General category and 60% of the project/unit cost for SC/ST/Women. Thus, the government’s financial support will be divided in the following proportions between the Centre and the states/territories:

1. The Himalayan and North Eastern states receive 90 per cent of the Central share and 10 per cent of the State share.
2. Other States: 60 per cent Central and 40 per cent State.
3. Union Territories (both with and without legislatures): 100% Central share (No UT Share).

Under PMMSY, one activity, “Livelihood and nutritional support for socioeconomically backward, active traditional fisher families for conservation of fisheries resources during fish ban/lean period,” is being carried out following the norms, guidelines, and funding pattern of the Saving-cum-Relief Component of the Centrally Sponsored Scheme (CSS) – Blue Revolution Scheme: Integrated Development and Management of Fisheries. As a result, the governmental support of Rs 3000 per year per registered beneficiary under this activity under PMMSY would be distributed as follows:

1. The Himalayan and North Eastern states receive an 80 per cent Central share and a 20 per cent State share.
2. Other States: 50 per cent Central and 50 per cent State.
3. Union Territories (both with and without legislatures): 100% Central share.

Each recipient registered in this component is expected to donate Rs. 1500 per year. Beneficiary fishers would save Rs. 1500 over 9 months during the fishing season to contribute to a bank authorized by the State/UT Department of Fisheries. States/UTs shall develop appropriate procedures to guarantee the activity’s transparency and seamless execution. It is possible to avoid depositing beneficiary contributions in a lump amount over one or two months.

Significant Impact, Potential for Job Creation

In measurable words, the following are the expected consequences of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) implementation:

• Fish output is expected to increase from 13.75 million metric tonnes in 2018-19 to 22 million metric tonnes in 2024-25.
• Fish output is anticipated to rise at a steady yearly rate of around 9%.
• A rise in the fisheries sector’s GVA contribution to Agriculture GVA from 7.28 per cent in 2018-19 to over 9 per cent by 2024-25.
• Increase export revenues from Rs.46,589 crores in 2018-19 to over Rs.1,000 crores by 2024-25.
• Increase aquaculture productivity from the current national average of 3 tonnes per hectare to around 5 tonnes per hectare.
• Post-harvest losses are expected to be reduced from 20-25 per cent to around 10%.
• Fishermen’s and fish growers’ incomes have more than doubled.
• Approximately 15 lakh direct gainful job possibilities and three times as indirect employment opportunities along the supply and value chain would be created.
• Domestic fish consumption increased from around 5 kg to about 12 kg per capita.
• Encouragement of private investment and facilitation of entrepreneurial growth in the fisheries industry

Benefits Of Pradhan Mantri Matsya Sampada Yojana

The plan aims to improve or expand horticulture, modernize agricultural waste treatment and reduction, and capitalize on fisheries potential. The government proposed the Pradhan Mantri Matsya Sampada Yojana (PMMSY) to strengthen the fishing board structure and close gaps in the value chain. The government has said that the ‘Blue Revolution’ or ‘Neeli Kranti’ can become the world leader in fish production. It includes MoFPI plans such as Food Parks, Food Safety, and Infrastructure.

Implementation Of The Scheme

The government would spend Rs. 6000 and is obliged to keep Rs. 31,400 crore in speculating. The treatment of about 334 lakh MT of agricultural produce valued at Rs 1 lakh 4 thousand 125 crores. The Matsya Sampada will benefit around 2 million ranchers and generate approximately 5 lakh 30 thousand immediate or backhanded labour in the country in 2019-2020. The administration has established a goal for fish production, which is to reach 15 million tonnes by 2020 under the Blue Revolution and increase it to about 20 million tonnes by 2022-23.

FAQ’s – Pradhan Mantri Matsya Sampada Yojana

✅ When was the Pradhan Mantri Matsya Sampada Yojana announced?

The plan was introduced by Finance Minister Nirmala Sitharaman during her speech in India’s parliament on 5 July 2019 when delivering the Union Budget for 2019–20. The government wants to establish India first in fish production and processing by launching Neeli Kranti (translation: Blue Revolution). Furthermore, this initiative is consistent with the government’s objective of tripling farmers’ income by 2022–23.

✅ What are the benefits of Pradhan Mantri Matsya Sampada Yojana?

The strategy intends to enhance or increase horticulture, modernize agricultural waste treatment and reduction, and capitalize on the potential of fisheries. The government suggested the Pradhan Mantri Matsya Sampada Yojana (PMMSY) improve the fisheries board structure and solve value chain gaps.

✅ What is Centrally Sponsored Scheme (CSS)

One activity under PMMSY is “Livelihood and nutritional support for socioeconomically backward, active traditional fisher families for conservation of fisheries resources during fish ban/lean period,” which is carried out following the norms, guidelines, and funding pattern the Saving-cum. -Blue Revolution Scheme -Relief Component of the Centrally Sponsored Scheme (CSS).