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The Pradhan Mantri Matsya Sampada Yojana ( PMMSY ) completed its Second anniversary . The scheme envisages the generation of 68 lakh employment by the end of 2024-25. The Fisheries sector has shown an impressive growth of 14.3 per cent from 2019-20 to 2021-22. The Fish production has reached an all - time high of 161.87 lakh tons during 2021-22. The sector saw all - time high exports of 13.64 lakh tonnes amounting to 57 thousand 587 crore rupees, dominated by exports of Shrimps . The PMMSY has supported 31.47 lakh farmers under insurance coverage across the country . About PMMSY Pradhan Mantri Matsya Sampada Yojana ( PMMSY ) was launched on 10 th 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.
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I. It is the mechanism of determining commercial bank...
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