Pradhan Mantri Matsya Sampada Yojana (PMMSY) approved for implementation
Part of: GS-Prelims and GS-II –Welfare Schemes & GS-III – Economy
In News:
- The Union Cabinet has given its approval for implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY).
Key takeaways:
- It is a scheme to bring Blue Revolution through sustainable and responsible development of fisheries sector in India.
- Scheme will be implemented during a period of 5 years from FY 2020-21 to FY 2024-25.
- It will have two separate Components namely
- Central Sector Scheme (CS)
- Centrally Sponsored Scheme (CSS).
- Under the Central Sector Scheme Component, an amount of 1,720 crores has been earmarked.
- Under the Centrally Sponsored Scheme (CSS) Component, an investment of 18,330 crores has been envisaged,
- For optimal outcomes, ‘Cluster or area-based approach’ would be followed.
- This approach will have forward and backward linkages and end to end solutions.
- Aims and objectives of PMMSY
- Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner.
- Enhancing fish production and productivity through expansion, intensification, etc.
- 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 Gross Value Addition and exports.
- Social, physical and economic security for fishers and fish farmers.
- Robust fisheries management and regulatory framework.
- The scheme intends to address:
- critical gaps in fish production and productivity
- modernization and strengthening of value chain
- establishing a robust fisheries management framework and fishers’ welfare
- sanitary and phyto-sanitary matters
Important value additions:
- Fisheries and aquaculture are an important source of food, nutrition, employment and income in India.
- The sector provides livelihood to more than 20 million fishers and fish farmers at the primary level and twice the number along the value chain.
- Fish being an affordable and rich source of animal protein, is one of the healthiest options to reduce hunger and malnutrition.
