Pradhan Mantri Matsya Sampada Yojana 2024:- Today, we’ll delve into the significant details of the Pradhan Mantri Matsya Sampada Yojana. We’ll cover its implementation process, available incentives, and various benefits extended to its beneficiaries. Additionally, we’ll discuss the eligibility criteria necessary for Indian residents to apply for this scheme.
Pradhan Mantri Matsya Sampada Yojana
Contents
On September 10, 2020, Prime Minister Narendra Modi launched the Pradhan Mantri Matsya Sampada Yojana via video conferencing. Bihar’s Governor, Chief Minister, Union Minister, and Minister of State for Fisheries, Animal Husbandry & Dairying were present during the launch. The government plans to invest approximately Rs. 20,050 crores from 2020-2021 to 2024-2025 for this scheme. Out of this, Rs. 12,340 crores will be allocated for beneficiary-oriented activities in Marine, Inland Fisheries, and Aquaculture, while around Rs. 7,710 crores will be designated for Fisheries Infrastructure.
PM Matsya Sampada Yojana Overview
| Name | Pradhan Mantri Matsya Sampada Yojana |
| Launched by | Government of India |
| Beneficiaries | Fishermen |
| Objective | Improving fishing channels and supporting fisherman |
| Category | Sarkari Yojana |
| Official Website | http://dof.gov.in/pmmsy |
Implementation Of PMMSY
The central government has allocated a budget of Rs. 31,400 crore under the Pradhan Mantri Matsya Sampada Yojana 2024. This budget will be used to process approximately 334 lakh metric tonnes of agricultural produce at a cost of Rs. 1,04,125 crore. Additionally, around 2 million cattle farmers are expected to benefit from this scheme. Moreover, the government aims to generate approximately 5 lakh 30 thousand immediate or backhand work opportunities across the country by 2019-2020. As part of this initiative, the administration has set a target to achieve 15 million tonnes of fish production under the Blue Revolution, with a potential increase to 20 million tonnes by 2024.
Objective of PMMSY
The primary aim of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) launched by the Central Government is to enhance the fisheries sector and elevate the income of fishermen. This scheme aims to boost fish production and exports, thereby creating direct and indirect employment opportunities in the fisheries sector. The central government’s scheme also ensures social, physical, and financial security for fishermen and fish farmers. Additionally, it promotes entrepreneurship in the fisheries sector, strengthening the financial well-being and improving the standard of living of those involved in the fisheries industry.
PM Matsya Sampada Yojana Benefits
- The plan aims to boost agriculture, upgrade processing, reduce agricultural waste, and tap into the potential of the fisheries sector.
- The government introduced the Pradhan Mantri Matsya Sampada Yojana (PMMSY) to establish an efficient fisheries management structure and address gaps in the value chain.
- The government envisions the ‘Blue Revolution’ to lead the world in fish production.
- This initiative encompasses MoFPI’s schemes like Food Parks, Food Safety, and Infrastructure.
Beneficiaries Of PMMSY Scheme
The PMMSY scheme, announced by the finance minister, is open to fishermen nationwide with the primary aim of enhancing the fisheries sector across the country. All fishermen in the country are eligible to apply for this scheme.
Eligible participants include:
- 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
- Fish farmers producer organizations/companies (FFPOs/Cs)
- SCs/STs/Women/Differently abled persons
- State governments/UTs and their entities including state fisheries development boards (SFDB)
- Central government and its entities
PMMSY Components
- Central sector scheme
- Centrally sponsored scheme
PM Kisan Beneficiary Status List
How to Apply for Pradhan Mantri Matsya Sampada Scheme Online 2024?
To apply for the Pradhan Mantri Matsya Sampada Yojana (PMMSY), individuals associated with the fishermen and fisheries sector need to follow these steps:
- Visit the official website of https://dof.gov.in/pmmsy.
- Click on the “Template” option under the “Quick Links” section at the bottom of the homepage.
- On the new page, select the “Template for preparation of DPR for Fisheries Projects” option on the left side.
- Download the application form by choosing one of the provided options.
- Fill in all the required details in the application form and upload the necessary documents.
- Submit your DPR and supporting documents to NFDB and the Fisheries Department. Note that two copies of the DPR should be sent to NFDB, and one copy should be sent to DoF.
Target of PM Matsya Sampada Scheme
- Invest Rs. 20,050 crore in the ecosystem.
- Increase fish production from 13.75 million metric tons to 22 million metric tons.
- Double export earnings from Rs. 46,000 crore to Rs. 100,000 crore.
- Reduce post-harvest loss from 20-25% to 10%.
- Double the income of fishers and fish farmers.
- Generate 15 lakh direct gainful employment opportunities and triple the number of indirect employment opportunities.
- Facilitate private investment and promote entrepreneurship in the fisheries sector.
- Increase the contribution of the fisheries sector to agricultural Gross Value Added (GVA) to about 9% from 7.28%.
- Increase domestic fish consumption from 5 kg to 12 kg per capita.
Conclusion
In conclusion, the Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY) offers a transformative opportunity for the fisheries sector. With its ambitious objectives, including increased production, doubled incomes, and enhanced infrastructure, the scheme aims to revolutionize the industry. Through its online application process, it invites stakeholders to participate and benefit from its comprehensive initiatives, ultimately fostering sustainable growth and prosperity in the fisheries sector.
FAQ’s
What is the PMMSY scheme of Pradhan Mantri Matsya Sampada Yojana?
PMMSY aims to enhance the socio-economic well-being of fishers and fish farmers by offering safety kits, replacing boats and nets, providing insurance for fishing vessels and fishermen, and offering livelihood and nutritional support to fishermen families during fishing bans and lean periods.
What are the benefits of PMMSY?
PMMSY also provides support for the construction of cold storage facilities, ice plants, fish meal plants/mills, fish retail markets, kiosks, and fish value-added enterprise units. Additionally, it facilitates the establishment of e-platforms for e-trading and e-marketing, as well as disease diagnostic and quality testing labs. Furthermore, it offers insurance coverage to fishermen and fishing vessels.
What is the time period of PMMSY?
PMMSY is being rolled out across all States and Union Territories for a duration of five years, spanning from FY 2020-21 to FY 2024-25.
What is Pradhan Mantri Matsya Sampada Yojana?
The government has launched the Pradhan Mantri Matsya Sampada Yojana with the goal of enhancing the fisheries sector in the country.
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