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Pradhan Mantri Matsya Sampada Yojana

PM Matsya Sampada Yojana: Introduction

Pradhan Mantri Matsya Sampada Yojana is one of the various flagship schemes launched by the Government of India. The scheme aims at enhancing fish production and filling in all the existing infrastructural gaps while thoughtfully bringing development in the Fisheries sector. The scheme also intends to focus on the welfare of fish farmers & fishers simultaneously. The ‘yojana’ has been specifically launched under the aegis of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying. The scheme is being implemented in all the states for a period of 5 years.

Budget & Finances

Leadership 

At the time of the launch of PMMSY, the then Minister of State for Fisheries, Animal Husbandry & Dairying was: Shri Giriraj Singh

The current Minister of State for Fisheries, Animal Husbandry & Dairying is Shri Parshottam Rupala.

Scheme Investment 

The Pradhan Mantri Matsya Sampada Yojana is an ‘umbrella’ scheme with two components:

Central Sector Scheme

A Central Sector Scheme is one that is implemented by a central agency and is funded totally by the Central government.

Centrally Sponsored Scheme

A Centrally Sponsored Scheme is one that is ‘jointly funded’ by the Central and State Governments. As the Central government is supposed to have more ‘resources’ at hand, it basically adds to the steps taken by the State government by providing financial assistance.

Beneficiaries of PMMSY

Current Status

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

PM Matsya Sampada Yojana: Aims & Objectives

The Pradhan Mantri Matsya Sampada Yojana intends to carry out a ‘Blue Revolution’ through proper planning and successful implementation towards the development of the Fisheries sector. The Government means to actually aim at increasing productivity, strengthening the foundation, and improving the quality. Some of the major objectives behind this scheme are as follows:

Pradhan Mantri Matsya Sampada Yojana – Expected Outcome

Major Reforms & Steps taken by the Government towards Development of Fisheries Sector

Application to PMMSY

If someone is eligible and wishes to claim the benefits provided through this scheme needs to follow certain steps as follows:

You can first go through the important instructions on the official website.

e- Samadhan Scheme

An e-Samadhan Scheme has also been developed for the sake of farmers’ convenience. The scheme focuses on sorting out all the issues of fish farmers. They will be able to use this communication platform in case of any problem related to fish farming.

The Government is thus focusing on the development of the Fisheries & Aquaculture sector and launched this scheme and many other similar schemes aiming at enhancing fish production and also ensuring that the income of fish farmers and the fishers is doubled and that maximum benefits reach up to them.

We sincerely hope that the above information will be able to make a quality addition to your GA preparation. This topic specifically will be useful for your NABARD Grade A, NABARD Grade B, and other bank exams as well where General Awareness forms an important section.

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