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Introduction to PM Matsya Sampada Yojana

PM Matsya Sampada Yojana: in 2019, PM Modi have launched Pradhan Mantri Matsya Sampada Yojana (PMMSY) & aimed the dramatic jump in the field of business of Fisheries and Agriculture. This Scheme have been proved an revolutionary scheme which have been used by Laks of Beneficiaries in the country.

This is why, this scheme have become an important topic about questions could be asked in Competitive examinations in India. This is why, in this blog, we have tried to cover as much part of this topic as possible. If you are preparing for this competitive examinations in India then this blog going to help you a lot. Especially out FAQs on Pradhan Mantri Matsya Sampada Yojana (PMMSY) will help you definitely.

So, let’s start-

PM Matsya Sampada Yojana Details

Aspect	Fact
Scheme Name	PM Matsya Sampada Yojana – PMMS Scheme
Launch Date	Launched in 2020-21.
Duration	Implemented for a period of five years from 2020-21 to 2024-25.
Budget Allocation (2019-20)	₹804.75 crore.
Subsidy for Fisherwomen	60% subsidy provided.
Objective	Sustainable and responsible development of the fisheries sector.
Fish Production Goal (2024-25)	Increase to 22 million metric tons.
Aquaculture Productivity Goal	Enhance to 5 tons per hectare.
Fish Consumption Goal (2024-25)	Increase from 5 kg to 12 kg per capita.
Contribution to Agriculture GVA Goal (2024-25)	Increase to about 9%.
Export Earnings Goal (2024-25)	Double to ₹1,00,000 crores.
Private Investment Encouragement	Facilitates private investment and growth of entrepreneurship in the fisheries sector.
Employment Generation Goal	55 lakh direct and indirect employment opportunities along the value chain.
Ministry Responsible	Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India.
Eligibility	Fishers, Fish Farmers, Fish Workers, Fish Vendors, and other stakeholders in the fisheries sector.
Application Process	Primarily offline, through the District Fisheries Officer or the Department of Fisheries, depending on the scheme component.
Financial Assistance for Infrastructure	Provided for fishing harbors, fish landing centers, fish markets, fish feed plants, fish seed farms, etc.
Assistance for Fisheries Management	Financial assistance for the management of fishery resources through the adoption of scientific methods.
Credit-linked Subsidy	Provided for fish farmers to encourage them to take up fish farming as a business.
Assistance for Marketing and Export	Provided for the development of cold chains, fish processing units, and packaging facilities.
Official Website	http://pmmsy.dof.gov.in/

What is PM Matsya Sampada Yojana?

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is an initiative by the Government of India to revitalize the fisheries sector. Launched in 2019, it aims to bridge infrastructural gaps, promote sustainable development, and boost fish production.

The scheme focuses on modernizing the value chain, enhancing income, and ensuring economic security for fishers and fish farmers.

By integrating fishers with agricultural farmers and providing financial aid for infrastructure, it aims to double the income of fishers and generate millions of employment opportunities, contributing significantly to the agricultural sector.

Objectives of PM Matsya Sampada Scheme

PM Matsya Samapada Yojana Covered a range of objectives. We have listed them below:

1. Harness fisheries sector potential in a sustainable, responsible, and equitable manner.

2. Increase fish production and productivity through sector expansion and intensification.

3. Diversify fisheries activities and productively utilize land and water resources.

4. Modernize and strengthen the entire fisheries value chain, including post-harvest management.

5. Double the income of fishers and fish farmers.

6. Enhance the fisheries sector's contribution to Agricultural GVA and exports.

7. Ensure social, physical, and economic security for fishers and fish farmers.

8. Establish a robust fisheries management and regulatory framework.

9. Integrate fishers with agricultural farmers.

10. Provide employment opportunities and uplift the rural economy.

Features of PM Matsya Sampada Yojana

There are many features of this scheme. We have listed some of key features of PM Matsya Sampada Yojana-

1. Financial assistance for fishery infrastructure development.

2. Support for fish farmers in the form of subsidies and grants.

3. Assistance for fisheries management through scientific methods and fishery plans.

4. Credit-linked subsidies to encourage fish farming as a business.

5. Support for marketing and export of fish products.

6. Implementation across all states and union territories.

7. Special provisions for SCs/STs, women, and differently-abled persons.

8. Offline application process for scheme components.

9. Funding pattern for central sector, beneficiary, and non-beneficiary schemes.

10. Inclusion of end implementing agencies (EIAs) for better execution.

Scope of PM Matsya Sampada Scheme

The PM Matsya Sampada Scheme aims to revolutionize India's fisheries sector, providing a framework for sustainable growth and increased production.

By offering financial support, credit-linked subsidies, and assistance in fisheries management, the scheme strives to modernize the industry, reduce post-harvest losses, and promote responsible practices.

It emphasizes the integration of fishers with agricultural farmers and provides support for marketing and export efforts. The scheme has a nationwide reach, covering all states and union territories, and special provisions for various social groups.

Through its comprehensive approach, the scheme aims to boost the fisheries sector, increase income for fishers, and generate employment opportunities.

Benefits of PM Matsya Sampada Yojana

There are a lot of benefits of this scheme. We have listed some of them below:

1. Enhanced Production: The scheme aims to significantly increase fish production, contributing to food security and economic growth.

2. Income Growth: It strives to double the incomes of fishers and fish farmers, thereby improving their financial stability.

3. Modern Infrastructure: The scheme facilitates the development of modern fishing infrastructure, including harbors, cold storage chains, and fish processing units.

4. Employment Opportunities: It generates millions of direct and indirect employment opportunities along the value chain.

5. Resource Management: It supports the sustainable and responsible management of fishery resources.

6. Technology Adoption: The scheme promotes the use of modern technology and scientific methods in fisheries management.

7. Post-Harvest Improvement: It aims to reduce post-harvest losses, leading to better quality and higher income.

8. Market Expansion: The scheme supports marketing efforts, helping fishers and fish farmers access new markets and increase exports.

9. Credit Access: It provides credit-linked subsidies to fish farmers, making it easier for them to invest in their businesses.

10. Inclusivity: The scheme includes provisions for SCs/STs, women, and differently-abled persons, ensuring equitable benefits for all sections of society.

Eligibility Criteria of PM Matsya Sampada Scheme

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is aimed at providing support to a wide range of stakeholders in the fisheries sector. The following categories of stakeholders are generally eligible to apply for benefits under the PMMSY:

1. Fishers: Individuals who are actively involved in fishing activities.

2. Fish Farmers: Individuals or groups involved in aquaculture or fish farming activities.

3. Fish Workers and Fish Vendors: Individuals engaged in fish processing, handling, or selling.

4. Fisheries Development Corporations: Government or semi-government bodies involved in fisheries development.

5. Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in the Fisheries Sector: Groups of individuals involved in fisheries activities.

6. Fisheries Cooperatives: Cooperative societies involved in fisheries activities.

7. Fisheries Federations: Federations of fisheries cooperatives or groups.

8. Entrepreneurs and Private Firms: Entrepreneurs or private firms involved in the fisheries sector.

9. Fish Farmers Producer Organizations/Companies (FFPOs/Cs): Organizations or companies formed by fish farmers.

10. Scheduled Castes (SCs), Scheduled Tribes (STs), Women, and Differently-abled Persons: Individuals belonging to these social categories.

11. State Governments/Union Territories (UTs) and Their Entities: Government bodies of states and UTs.

12. State Fisheries Development Boards (SFDB): Boards established by state governments for fisheries development.

13. Central Government and Its Entities: Central government bodies involved in fisheries activities.

How to apply for PM Matsya Sampada Scheme

To apply for the Pradhan Mantri Matsya Sampada Yojana (PMMSY) Scheme, you can follow these general steps:

1. Identify the Component: First, determine whether your project falls under the Centrally Sponsored Scheme Component or the Central Sector Scheme Component of PMMSY.

2. Prepare Proposal/Project Report: Prepare a Self-Contained Proposal or Detailed Project Report (DPR) as per the operational guidelines of PMMSY. Ensure that your proposal meets all the criteria and includes all the necessary details.

3. Submission Process:

For the Centrally Sponsored Scheme Component: Submit your proposal/DPR to the District Fisheries Officer of your domicile district or the district of the respective States/Union Territories where you intend to undertake fisheries development activities.
For the Central Sector Scheme Component: Submit your project proposals to the Department of Fisheries, Government of India. You can use the following contact information.
The Secretary, Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India, Room No-221, Krishi Bhawan, New Delhi - 110 001.
Email: secy-fisheries@gov.in

4. Documents Required: Ensure you have all the required documents, which may include Aadhaar Card, PAN Card, Bank Account Details, Business Registration Certificate, Project Report, Land Documents, Partnership Deed or Memorandum of Association (MOA), etc. The exact list of documents may vary based on the nature and type of the project, so it's advisable to check with the concerned authorities or the official PMMSY website for the complete list.

5. Consult Authorities: Consult the District Fisheries Officer of the District of the respective States/Union Territories where you intend to take up fisheries development activities for the manner of submission of proposals.

Challenges to PM PM Matsya Sampada Scheme

While the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has a comprehensive framework to address various issues in the fisheries sector, there are several challenges that it might face during implementation. Some of these challenges include:

1. Resource Management: Effective management of aquatic resources, especially in the context of climate change and environmental degradation, is a major challenge. Ensuring sustainable practices while increasing production requires careful balancing.

2. Infrastructure Development: While the scheme aims to reduce infrastructural gaps, developing modern and efficient infrastructure across the country, especially in remote areas, is a significant challenge.

3. Technology Adoption: Encouraging and enabling fishers and fish farmers to adopt modern technologies and practices might be difficult due to lack of awareness, financial constraints, or resistance to change.

4. Quality Standards and Post-Harvest Losses: Maintaining high-quality standards and reducing post-harvest losses in the fisheries sector is a challenge that requires consistent efforts and modernization.

5. Market Access and Export Potential: Ensuring access to domestic and international markets and enhancing export potential requires robust marketing strategies and infrastructure development.

6. Capacity Building and Skill Development: Building the capacity of fishers, fish farmers, and other stakeholders through training and skill development is essential for the success of the scheme.

7. Financial Inclusion: Ensuring that financial assistance and credit-linked subsidies reach the intended beneficiaries, especially those in remote and underserved areas, is a challenge.

8. Coordination and Monitoring: Effective coordination among various stakeholders, including central and state governments, fisheries departments, and beneficiary groups, is crucial for the successful implementation of the scheme. Monitoring the progress and impact of the scheme is also important.

9. Environmental Sustainability: Ensuring that the expansion of fisheries activities does not adversely impact the environment, especially marine ecosystems, is a critical challenge.

10. Social Inclusion: Achieving social inclusion, particularly for marginalized groups such as women, Scheduled Castes (SCs), and Scheduled Tribes (STs), requires focused efforts and targeted interventions.

Latest Updates about PM Matsya Sampada Yojana

The latest updates on the Pradhan Mantri Matsya Sampada Yojana (PMMSY) highlight the government's efforts to support fisherwomen and enhance the development of the blue economy in India.

Union Minister for Fisheries, Parshottam Rupala, emphasized that fisherwomen are provided with a 60% subsidy under the PM Matsya Sampada Yojana.

This subsidy aims to encourage and support women in the fisheries sector, contributing to their economic empowerment and the overall development of the sector.

Furthermore, during the Sagar Parikrama event in Nagapattinam, Union Minister of State, Dr. L. Murugan, mentioned that the Prime Minister had allocated 38,500 Crore rupees for the development of the blue economy in the country.

This substantial allocation reflects the government's commitment to promoting sustainable and responsible practices in the fisheries sector and enhancing its contribution to the national economy.

The Sagar Parikrama event provided an opportunity for the Ministers to interact with local fishermen, listen to their issues, and address their concerns.

This engagement highlights the government's approach to inclusive development and its efforts to implement schemes that benefit all sectors of society.

FAQs related to PM Matsya Yojana

Question: What is PM Matsya Sampada Yojana (PMMSY)?

Answer: PM Matsya Sampada Yojana (PMMSY) is a flagship program of the Government of India aimed at sustainable and responsible development of the fisheries sector in India, including enhancing fish production, productivity, and augmenting the income of fishers and fish farmers.

Question: How is PMMSY Scheme relevant for UPSC aspirants?

Answer: The PMMSY Scheme is relevant for UPSC aspirants as it is a major government initiative in the agriculture and fisheries sector. Understanding the scheme, its objectives, and implementation can be important for both the Prelims and Mains exams, especially for topics related to governance, social issues, and economic development.

Question: What are the objectives of PM Matsya Sampada Yojana?

Answer: The objectives of PM Matsya Sampada Yojana include harnessing the potential of the fisheries sector, enhancing fish production and productivity, modernizing and strengthening the value chain, doubling fishers and fish farmers' incomes, enhancing the sector's contribution to GVA and exports, ensuring social and economic security for fishers, and building a robust fisheries management framework.

Question: What is the Pradhan Mantri Matsya Sampada Yojana Scheme?

Answer: The Pradhan Mantri Matsya Sampada Yojana Scheme is a comprehensive framework launched by the Government of India to establish a robust fisheries management system, reduce infrastructural gaps, promote processing in the fisheries sector, and double farmers' income by 2022–23.

Question: Where can I find the guidelines for Pradhan Mantri Matsya Sampada Yojana?

Answer: The guidelines for Pradhan Mantri Matsya Sampada Yojana can be found on the official website of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India.

Question: How do I apply for PM Matsya Sampada Yojana?

Answer: To apply for PM Matsya Sampada Yojana, you need to prepare a proposal or Detailed Project Report (DPR) as per the operational guidelines and submit it to the District Fisheries Officer of your district or the Department of Fisheries, Government of India, depending on the scheme component.

Question: PM Matsya Sampada Yojana kya hai? (What is PM Matsya Sampada Yojana?)

Answer: PM Matsya Sampada Yojana kya hai ek sarkari yojana hai jo Bharat Sarkar dwara machhli palan aur machhli pakadne wale kshetra ko sudharne aur vikasit karne ke liye shuru ki gayi hai. Is yojana ke antargat machhli palakon aur machhli pakadne walon ko vibhinn prakar ke labh aur sahayata pradan ki jati hai.

Question: When was the Pradhan Mantri Matsya Sampada Yojana launched?

Answer: The Pradhan Mantri Matsya Sampada Yojana was announced by the Finance Minister during the Union Budget for 2019–20 and was launched in the financial year 2020-21.

Question: How do I apply online for Pradhan Mantri Matsya Sampada Yojana?

Answer: The application process for Pradhan Mantri Matsya Sampada Yojana is primarily offline. You need to submit a proposal or Detailed Project Report (DPR) to the District Fisheries Officer or the Department of Fisheries, depending on the scheme component.

Question: What is the official website for Pradhan Mantri Matsya Sampada Yojana?

Answer: The official website for Pradhan Mantri Matsya Sampada Yojana is the official website of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India. You can find more information and guidelines on the scheme on the website.

Question: Is PM Matsya Sampada Yojana extended?

Answer: The PM Matsya Sampada Yojana is implemented for a period of five years from the financial year 2020-21 to 2024-25. Any extension of the scheme beyond this period would be subject to the government's decision.

Question: How can I register for PM Matsya Sampada Yojana?

Answer: To register for PM Matsya Sampada Yojana, you need to prepare a proposal or Detailed Project Report (DPR) as per the operational guidelines and submit it to the District Fisheries Officer of your district or the Department of Fisheries, Government of India.

Question: What is the PM Matsya Sampada Yojana scheme?

Answer: The PM Matsya Sampada Yojana scheme is a flagship program of the Government of India aimed at sustainable and responsible development of the fisheries sector in India, including enhancing fish production, productivity, and augmenting the income of fishers and fish farmers.

Question: How is PM Matsya Sampada Yojana relevant for UPSC in Hindi?

Answer: PM Matsya Sampada Yojana UPSC ke liye mahatvapurna hai kyunki yeh ek pramukh sarkari yojana hai jo krishi aur machhli palan kshetra mein sudhar aur vikas ko badhava dene ke liye shuru ki gayi hai. Is yojana ke bare mein samajhna UPSC ke Prelims aur Mains parikshaon mein samajik muddon, shasan, aur arthik vikas se sambandhit prashnon ke liye mahatvapurna ho sakta hai.

Question: What is the ministry responsible for PM Matsya Sampada Scheme?

Answer: The Ministry responsible for the PM Matsya Sampada Scheme is the Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India.

Question: What is the PM Matsya Sampada Scheme in Hindi?

Answer: पीएम मत्स्य संपदा योजना (PM Matsya Sampada Yojana) भारत सरकार की एक प्रमुख योजना है, जिसका उद्देश्य भारत में मत्स्य पालन और मत्स्य उद्योग के विकास और सुधार को बढ़ावा देना है। इस योजना के अंतर्गत, सरकार मत्स्य पालकों और मत्स्य पकड़ने वालों को विभिन्न प्रकार की सहायता और सब्सिडी प्रदान करती है, ताकि वे अपने कार्यों को अधिक कुशल और लाभकारी बना सकें।

इस योजना का मुख्य उद्देश्य मत्स्य पालन को विस्तारित करना, मत्स्य उत्पादन और उत्पादकता में वृद्धि करना, मत्स्य पालकों और मत्स्य पकड़ने वालों की आय में दोगुनी वृद्धि करना, मत्स्य उद्योग का विकास करना और मत्स्य उत्पादों की निर्यात क्षमता बढ़ाना है।

पीएम मत्स्य संपदा योजना के अंतर्गत, सरकार मत्स्य पालकों को मछली पकड़ने की सुविधाओं, मत्स्य पालन तकनीकों, मछली बीज उत्पादन, मत्स्य प्रसंस्करण, मार्केटिंग और निर्यात संबंधी सहायता प्रदान करती है। इस योजना के तहत विभिन्न उप-कंपोनेंट्स और गतिविधियों को शामिल किया गया है, जिससे मत्स्य क्षेत्र के सभी पहलुओं का समग्र विकास किया जा सके।

Question: Where can I find the guidelines for PM Matsya Sampada Yojana?

Answer: The guidelines for PM Matsya Sampada Yojana can be found on the official website of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India.

Question: What is PM Matsya Sampada?

Answer: PM Matsya Sampada is another name for the Pradhan Mantri Matsya Sampada Yojana, a flagship program of the Government of India aimed at sustainable and responsible development of the fisheries sector in India.

Question: What is the duration of the PM Matsya Sampada Yojana?

Answer: The PM Matsya Sampada Yojana is implemented for a period of five years from the financial year 2020-21 to 2024-25.

Question: What are the latest updates on PM Matsya Sampada Yojana in 2023?

Answer: One of the latest updates on PM Matsya Sampada Yojana in 2023 is the Union Minister for Fisheries Parshottam Rupala's announcement that fisherwomen are given a 60 percent subsidy under the scheme. Additionally, the Prime Minister has allocated 38 thousand 500 Crore rupees for the development of the Blue economy in the country.