{"id":172119,"date":"2025-05-17T15:30:46","date_gmt":"2025-05-17T10:00:46","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=172119"},"modified":"2025-05-17T15:30:48","modified_gmt":"2025-05-17T10:00:48","slug":"pradhan-mantri-matsya-sampada-yojana-2","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/pradhan-mantri-matsya-sampada-yojana-2\/","title":{"rendered":"Pradhan Mantri Matsya Sampada Yojana"},"content":{"rendered":"\n<p>The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme introduced by the Government of India for developing the fisheries sector. The objective is to achieve a &#8220;Blue Revolution&#8221; by sustainably and responsibly developing the fisheries sector in India. The scheme was introduced in the Union Budget 2019-20 and launched in September 2020. It is being carried out in a five-year period, from FY 2020-21 to FY 2024-25. The total expenditure of PMMSY is \u20b920,050 crore.<br>Objectives of PMMSY:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To exploit the potential of the fisheries sector in a sustainable, responsible, inclusive, and equitable manner.<\/li>\n\n\n\n<li>To increase fish production\/productivity through expansion, intensification, diversification, and productive use of land and water.<\/li>\n\n\n\n<li>To modernize and strengthen the value chain including post-harvest management and quality improvement.<\/li>\n\n\n\n<li>To double the income of fishers and fish farmers and create productive employment.<\/li>\n\n\n\n<li>To improve the contribution of the fisheries sector to Agricultural Gross Value Added (GVA) and exports.<\/li>\n\n\n\n<li>To provide social, physical, and economic security for fishers and fish farmers.<\/li>\n\n\n\n<li>To create a robust fisheries management and regulatory framework.<\/li>\n<\/ul>\n\n\n\n<p>Main Features and Implications:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Financial Support: The programme offers financial support for a range of activities and schemes including:<br>o Development of fishery infrastructure such as fishing harbours, fish landing centres, fish market places, fish feed plants, fish seed farms and fish processing units<br>o Construction of ponds, cages, hatcheries, and nurseries for fish farmers<br>o Installation of aeration systems and assistance to have other necessary equipment<br>o Adoption of scientific methods for management of fisheries resources and develop fishery management plans<br>o Development of cold chains, fish processing units, and packaging facilities for exports of fish products.<\/li>\n\n\n\n<li>Credit-Linked Subsidy: Encourages fish farming as a business by providing financial support. Covers loans of up to \u20b92 crores under the Credit Guarantee Fund Trust for Micro &amp; Small Enterprises (CGTMSE) scheme.<\/li>\n\n\n\n<li>Interest Subvention: Provides an interest subvention of up to 3 percent per annum on term loans for up to a period of 12 years, which includes a 2 year moratorium on the principal amount.<\/li>\n\n\n\n<li>Need-Based Funding: Financial support is provided depending on the project or calendar requirements of the borrower.<\/li>\n\n\n\n<li>Low Processing Charges: Low Borrowing cost for loan processing.<\/li>\n\n\n\n<li>Subsidy Provisions: Central and state\/UT subsidy provisions: total combined central and state or UT subsidies will not exceed 40% of the project cost for general category beneficiaries and 60% for SC\/ST\/women beneficiaries.<\/li>\n\n\n\n<li>Infrastructure Development: Emphasises on developing infrastructure at all stages of the value chain, from fish production to post-harvest management and marketing.<\/li>\n\n\n\n<li>Technology Adoption: Strives to modernise the sector through promoting the adoption of aquacultural, processing, and marketing technologies in fish farming.<\/li>\n\n\n\n<li><strong>Fishermen Welfare:<\/strong> Provides support for the socio-economic welfare of fishers through safety kits, insurance for fishing vessels and fishermen, and livelihood support during fishing bans.<\/li>\n\n\n\n<li><strong>Employment Generation:<\/strong> The scheme aims to generate about 1.5 million direct and three times as many indirect employment opportunities in the fisheries sector.<\/li>\n\n\n\n<li><strong>Increased Production and Productivity:<\/strong> Targets increasing fish production to 22 million metric tons by 2024-25 and enhancing aquaculture productivity to 5 tons per hectare.<\/li>\n\n\n\n<li><strong>Export Enhancement:<\/strong> Aims to double the export earnings from fisheries.<\/li>\n<\/ul>\n\n\n\n<p><strong>Eligibility Criteria:<\/strong><\/p>\n\n\n\n<p>The intended beneficiaries under the PMMSY include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fishers<\/li>\n\n\n\n<li>Fish farmers<\/li>\n\n\n\n<li>Fish workers and fish vendors<\/li>\n\n\n\n<li>Fisheries Development Corporations<\/li>\n\n\n\n<li>Self Help Groups (SHGs) \/ Joint Liability Groups (JLGs) in the fisheries sector<\/li>\n\n\n\n<li>Fisheries cooperatives<\/li>\n\n\n\n<li>Fisheries federations<\/li>\n\n\n\n<li>Entrepreneurs and private firms (including sole proprietorships, partnerships, LLP companies, and cooperative societies) \u00a0<\/li>\n\n\n\n<li>Fish Farmer Producer Organizations\/Companies (FFPOs\/Cs)<\/li>\n\n\n\n<li>SCs\/STs\/Women\/Differently-abled persons involved in fisheries activities<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme introduced by the Government of India for developing the fisheries sector. The objective is to achieve a &#8220;Blue Revolution&#8221; by sustainably and responsibly developing the fisheries sector in India. The scheme was introduced in the Union Budget 2019-20 and launched in September 2020. It [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":172120,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5369],"tags":[],"class_list":["post-172119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-awareness"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/172119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=172119"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/172119\/revisions"}],"predecessor-version":[{"id":172121,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/172119\/revisions\/172121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/172120"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=172119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=172119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=172119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}