Current Affairs PDF

Pradhan Mantri Matsya Sampada Yojana Celebrates 2nd Year Anniversary

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

On September 10, 2022, Union Minister, Parshottam Rupala, Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAHD), attended the 2nd anniversary of the Pradhan Mantri Matsya Sampada Yojana (PMMSY), which is implemented by the Department of Fisheries (DoF), MoFAHD.

The event held in New Delhi, Delhi, showcased the progress and future action plans of the PMMSY flagship programme.

  • The scheme also envisions the creation of 68 lakh jobs by the end of 2024-25.

Launch of The Booklet On Achievements of PMMSY

A booklet on PMMSY & its achievements, Matsya Sampada: 3rd edition of DoF Newsletter, Tilapia Action Plan as part of Export Diversification, Scampi Action Plan, National Seed Plan: 2022-2025, and other documents were also released during the ceremony. [DoF stands for Department of Fisheries, MoFAHD]

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

On September 10, 2020, Prime Minister Narendra (PM) Narendra Modi introduced the Pradhan Mantri Matsya Sampada Yojana (PMMSY), as part of the AatmaNirbhar Bharat Package, coupled with the e-Gopala App, a comprehensive breed development marketplace and information platform for direct usage by farmers.

  • PMMSY is India’s flagship scheme for the focused and sustainable development of the fisheries sector.

PMMSY is an umbrella scheme with two distinct components: The Central Sector Scheme (CS) and the Centrally Sponsored Scheme (CSS).

  • The CSS Component is further divided into Non-Beneficiary oriented and beneficiary-oriented subcomponents.

Objective: To bring about a Blue Revolution in India by developing the fisheries sector in a sustainable and responsible manner.

Main Motto of PMMSY‘Reform, Perform and Transform’ in the fisheries sector

Investment – Rs. 20,050 crores (Rs. 12,340 crores for beneficiary-oriented initiatives in marine, inland, and aquaculture, & Rs. 7,710 crores for fisheries infrastructure) for the comprehensive development of the fisheries sector, including fishermen welfare.

Period – 5 years from FY 2020-21 to FY 2024-25

Coverage Area – All States/Union Territories (UTs)

Implementing Agency – Department of Fisheries (DoF), MoFAHD

Funding Pattern: PMMSY will be implemented with the following funding pattern:

Central Sector Scheme (CS):

The entire project/unit cost will be funded by the Government of India (GoI) (i.e., 100% GoI funding).

  • GoI assistance will be up to 40% of the unit/project cost for the general category and 60% for the SC/ST/Women category wherever Direct Beneficiary-Oriented activities, i.e., individual or group activities, are performed by central government institutions, including the National Fisheries Development Board (NFDB).

Centrally Sponsored Scheme (CSS):

The entire project/unit cost will be shared between the GoI and the State Government for the Non-Beneficiary Oriented sub-components/activities under the CSS component to be implemented by the States/UTs, as stated below:

  • North Eastern & Himalayan States: 90% Central share and 10% State share.
  • Other States: 60% Central share and 40% State share.
  • Union Territories (with legislature and without legislature): 100% Central share.

Beneficiary-Oriented activities, i.e., individual/group activities subcomponents/activities under the CSS component to be implemented by the States/UTs, will be limited to 40% of the project/unit cost for the General category and 60% of the project/unit cost for SC/ST/Women.

The Center and the States/UTs will share the government’s financial assistance in the following proportions:

  • The North Eastern & the Himalayan States: 90% Central share and 10% State share.
  • Other States: 60% Central share and 40% State share.
  • Union Territories (with legislature and without legislature): 100% Central share (No UT Share).

End Implementing Agencies (EIAs) in PMMSY: The PMMSY would be implemented through the following agencies:

  • Central Government and its entities including National Fisheries
  • Development Board
  • State/UT Governments and their entities
  • State Fisheries Development Boards
  • Any other EIAs as decided by Department of Fisheries (DoF)

Accomplishments of Pradhan Mantri Matsya Sampada Yojana (PMMSY)

i.From 2019–20 to 2021–2022, the Fisheries sector had an incredible growth of 14.3%.

ii.Fish production has increased from 141.64 lakh tonnes in 2019-20 to 161.87 lakh tonnes (provisional) in 2021-22.

iii.The sector achieved all-time high exports of 13.64 lakh tonnes, reaching Rs 57,587 crores (USD 7.76 billion), topped by shrimp exports.

  • India currently exports fisheries supplies to 123 different nations.

iv.PMMSY has extended insurance coverage to 31.47 lakh farmers from 22 States and 7 UTs in India.

v.The government has made the Kisan Credit Card (KCC) available to fishermen, fish farmers, self-help groups (SHGs), joint liability groups, women groups, etc. to address the sector’s demands for working capital and short-term credit.

vi.In 2019, inland fisheries contributed 74% of total fish production, while marine fisheries contributed 26%.

Recent Related News:

Union Minister Parshottam Rupala, Ministry of Fisheries, Animal Husbandry & Dairying, presided over the 9th Governing Body Meeting of the National Fisheries Development Board (NFDB), which was held in New Delhi, Delhi and released a book titled “Super Success Stories from Indian Fisheries” published by NFDB.

About Ministry of Fisheries, Animal Husbandry, and Dairying (MoFAHD):
Union Minister – Parshottam Rupala (Rajya Sabha – Gujarat)
Minister of State (MoS) – Sanjeev Kumar Balyan; L. Murugan