Pradhan Mantri Matsya Sampada Yojana: Revolutionizing India’s Fisheries Sector

Description

The Pradhan Mantri Matsya Sampada Yojana (PMMSY), launched in 2020, is a flagship initiative by the Government of India aimed at transforming the fisheries and aquaculture industry. Designed to fill critical gaps in fish production, infrastructure, and fisher welfare, the scheme is set to operate until 2025 with a robust investment of Rupees 20,050 crore.

Purpose And Scope

PMMSY seeks to modernize the fisheries sector while ensuring sustainability and livelihood support for those dependent on the blue economy. It aims to boost productivity, improve post-harvest management, and strengthen the socio-economic status of fishers and stakeholders.

Structure Of PMMSY

The scheme is divided into two major components:

1. Central Sector Scheme (CS) - Fully funded and managed by the Central Government, this segment includes high-priority national-level projects and strategic interventions.

2. Centrally Sponsored Scheme (CSS) - Co-funded by the Centre and implemented in coordination with state and union territory administrations. It includes a wide array of subcomponents such as fish production, value chain development, and infrastructure.

Recent Initiatives And Announcements

Union Minister George Kurian, during a recent visit to Karaikal, announced new projects under the scheme. These include:

• Installation of artificial reefs to support marine ecosystems.

• Development of integrated fisheries infrastructure such as modern harbors, landing centers, and cold storage facilities.

• Financial assistance for safety gear, modern fishing boats, and community welfare activities.

• Collaborations with institutions like IIT-Madras for research in sustainable aquaculture and technology-driven practices.

• Introduction of climate-resilient housing for fishing communities.

Benefits From PMMSY

The scheme supports a wide range of stakeholders:

• Traditional and small-scale fishers

• Fish farmers and entrepreneurs

• Fish workers and vendors

• Fisheries cooperatives, self-help groups (SHGs), and Farmer Producer Organizations (FPOs)

Its inclusive approach ensures equitable access to resources and promotes economic upliftment, especially in coastal and rural areas.

Fisheries: A Pillar Of Indian Economy

India’s fisheries sector is a vital contributor to employment and food security, engaging over 30 million people across the value chain. In the fiscal year 2022–23, India achieved a record fish production of 175.45 lakh tonnes, securing its position as the third-largest fish producer in the world.

Vision For Future: Viksit Bharat @2047

Aligned with the broader Viksit Bharat @2047 roadmap, the long-term vision for PMMSY includes:

• Doubling fish production and productivity

• Achieving Rupees 1 lakh crore in fish and seafood exports

• Establishing India as a global leader in sustainable aquaculture

• Boosting private investment in fisheries infrastructure and services

Technology And Innovation In Fisheries

PMMSY places a strong emphasis on the integration of advanced technology to revolutionize fisheries:

• Drone-based transport of live fish for better survival rates

• Satellite data support from ISRO to guide fishers to rich fishing zones

• Deployment of digital monitoring systems for fishery management and traceability

This holistic approach ensures that PMMSY is not just a welfare scheme but a transformative initiative to shape the future of India's fisheries sector.

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