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Pradhan Mantri Matsya Sampada Yojana launched

Topics Covered: Economics of animal-rearing.

Pradhan Mantri Matsya Sampada Yojana launched:

Key features of the scheme:

  1. It is a scheme for focused and sustainable development of fisheries sector in the country.
  2. 20,050 crores has been sanctioned 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.
  3. The scheme focuses on beneficiary-oriented activities in Marine, Inland fisheries and Aquaculture.
  4. It seeks to adopt ‘Cluster or Area based approaches’.

Aims and targets of the scheme:

  1. Enhance fish production by an additional 70 lakh tonne by 2024-25.
  2. Increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.
  3. Double incomes of fishers and fish farmers.
  4. Reduce post-harvest losses from 20-25% to about 10%.
  5. Generate additional 55 lakhs direct and indirect gainful employment opportunities in fisheries sector and allied activities.

Uniqueness of the scheme:

While aiming to consolidate the achievements of  Blue Revolution Scheme, PMMSY envisages many new interventions such as fishing vessel insurance, support for new/up-gradation of fishing vessels/boats, Bio-toilets,  Aquaculture in saline/alkaline areas, Sagar Mitras, FFPOs/Cs,  Nucleus Breeding Centres, Fisheries and Aquaculture start-ups, Incubators, etc.

Other initiatives announced at the launch of PMMSY scheme:

  1. Establishment of Fish Brood Bank at Sitamarhi.
  2. Aquatic Disease Referral Laboratory at Kishanganj.
  3. One-unit fish feed mill at Madhepura and two units of ‘Fish on Wheels’ assisted at Patna under Blue Revolution.
  4. Comprehensive Fish Production Technology Centre at Dr. Rajendra Prasad Central Agricultural University, Pusa, Bihar.

InstaLinks:

Prelims Link:

  1. Duration of the scheme.
  2. Targets under the scheme.
  3. What is Blue Revolution scheme?
  4. Aquatic Disease Referral Laboratory has been established at?

Mains Link:

Discuss the significance of the Pradhan Mantri Matsya Sampada Yojana.

pmmsy

Sources: PIB.