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Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched on 10th September 2020. The aim of the scheme is to bring about Blue Revolution through the sustainable development of the fisheries sector over a period of five years (2020-2025.) PMMSY was announced in the union budget 2019-20. It aims to: Adopt ‘Cluster or Area-based Approaches’ and create fisheries clusters through backward and forward linkages. Focus especially on employment generation activities such as seaweed and ornamental fish cultivation. Address critical gaps in fish production and productivity, quality, technology, post-harvest infrastructure and management, modernisation and strengthening of the value chain, traceability, establishing a robust fisheries management framework and fishers’ welfare. Consolidate the achievements of the blue revolution and bring new interventions such as fishing vessel insurance, support for new/up-gradation of fishing vessels/boats, integrated aqua parks, e-trading/marketing, etc.
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