News
Recently, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has been digitally launched.
Various other initiatives in the fisheries and animal husbandry sectors have also been launched on the occasion.
Targets:
Enhance fish production by an additional 70 lakh tonne and increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.
Double the incomes of fishers and fish farmers.
Reduce post-harvest losses from 20-25% to about 10%.
Generate an additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities.
Budget and Time Period:
An estimated investment of Rs. 20,050 crore for a period of 5 years from financial year (FY) 2020-21 to FY 2024-25 in all States/Union Territories.
This investment is the highest ever in the fisheries sector yet
Key Fact Points
PMMSY is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Atma Nirbhar Bharat Abhiyan Package.
Aims and Objectives
Adopting ‘Cluster or Area-based Approaches’ and creating fisheries clusters through backward and forward linkages.
Harnessing of fisheries potential in a sustainable, responsible, inclusive and
equitable manner
Enhancing of fish production and productivity through expansion,
intensification, diversification and productive utilization of land and water
Modernizing and strengthening of value chain - post-harvest management
and quality improvement
Doubling fishers and fish farmers incomes and generation of employment
Enhancing contribution to Agriculture GVA and exports
Social, physical and economic security for fishers and fish farmers
Robust fisheries management and regulatory framework