Facts for Prelims (FFP)
Source: PIB
Context: The Pradhan Mantri Matsya Sampada Yojana (PMMSY) in India is being supported by seven major field studies conducted by the National Productivity Council (NPC).
About the studies:
- Aim: These studies aim to enhance the fisheries sector and its contribution to the country’s GDP.
- Fields covered: The studies cover various areas such as fish marketing systems, innovative fishing practices, storage container improvements, fish marketing infrastructure, technology evaluation, monitoring mechanisms, and minimizing post-harvest losses.
About PMMSY:
| Dimension | Information |
| About | PMMSY (Under the Ministry of Commerce and Industry) was launched in 2020 for the sustainable development of the fisheries sector and to bring about the ‘Blue Revolution’. |
| Implementation | It is being implemented in all States and Union Territories for a period of 5 years from FY 2020-21 to FY 2024-25. It provides insurance coverage, and financial assistance to fishermen. |
| Aim and Objectives | Rural development and boosting the rural economy; “Reform, Perform and Transform” motto; Core and trunk infrastructure development and Modernization of Indian fisheries |
| Type of scheme | Umbrella scheme with Central Sector Scheme and Centrally Sponsored Scheme components—meaning that the Central government bears project cost and States/UTs share the cost of sub-components/activities |
| Targets | Enhanced fish production of 22 million metric tons; Increased contribution of Gross Value Added (GVA) of the fisheries sector to agriculture GVA to 9%; Double export earnings to about Rs. 1 lakh crore; Reduction of post-harvest losses to about 10% and doubling of incomes of fishers and fish farmer |
| Achievements of the scheme | The fisheries sector has achieved impressive growth of over 14% and an all-time high in fish production and exports. The scheme has provided insurance coverage to over 31 lakh farmers |
| Other initiatives | Fisheries & Aquaculture Infrastructure Development Fund (FIDF); Kisan Credit Cards for Fishermen |
| Fishery sector in India | India is the 3rd largest fish producing and 2nd largest aquaculture nation in the world |
| About National Productivity Council (NPC) | NPC (est. 1958; HQ: Delhi) is an autonomous organization under the Department for Promotion of Industry & Internal Trade, Ministry of Commerce and Industry. It conducts productivity research, consulting and training services to the government, public and private sector organizations. |
