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Pradhan Mantri Matsya Sampada Yojana

Search 27th May, 2020 Spotlight here: http://www.newsonair.com/Audio-Archive-Search.aspx  

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General Studies 2:

General studies 3 

In News: Constituting about 7.73% of the global fish production and export earnings of Rs.46,589 Crores (2018-19), India today has attained the status of the second largest aquaculture and 4th largest fish exporting nation in the world.

The Union Cabinet has approved the Rs 20,050-crore Pradhan Mantri Matsya Sampada Yojana (PMMSY) to bring about Blue Revolution through sustainable development of fisheries sector over next five years.

The Need: It is a scheme to bring Blue Revolution through sustainable and responsible development of fisheries sector in India. 

The scheme intends to address:

Aims and objectives 

Earlier Initiatives taken by the present Government

  1. Creation of a separate Ministry of Fisheries, Animal Husbandry and Dairying in the Union Government
  2. Setting up a new and dedicated Department of Fisheries with independent administrative structure
  3. Implementation of the Centrally Sponsored Scheme on Blue Revolution: Integrated Development and Management of Fisheries during the period 2015-16 to 2019-20 with a central outlay of Rs. 3,000 crore
  4. Creation of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) during 2018-19 with a fund size of Rs. 7,522.48 crore
  5. Launching of PMMSY with an investment of Rs. 20,050 crore, the scheme with highest ever investment for fisheries sector.

What else can be done?

Connecting the Dots:

  1. Examine the bottlenecks associated with the current Fisheries Sector in India. Also suggest ways to address them.
  2. Fishing and fishermen communities are closely aligned with farming and are crucial to rural India. Examine.
  3. What is Rainbow Revolution? What are its primary objectives? Discuss.

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