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Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana

  • On 20th May 2020, Union Cabinet has decided to run the Pradhan Mantri Matsya Sampada Yojana (PMMSY). the primary goal of PMMSY is to increase investments in the fisheries sector and competitiveness of fish and fisheries products. Union Cabinet was headed by Prime Minister Narendra Modi ji.

What is Pradhan Mantri Matsya Sampada Yojana?

  • The Pradhan Mantri Matsya Sampada Yojana, it has primary purpose is to bring about Blue Revolution via sustainable and responsible development of the fisheries sector across the India under two components they are, 1) Central Sector Scheme (CS) and 2nd is Centrally Sponsored Scheme (CSS).
  • Total amount of Rs.20,050 crore ( estimated amount) has been planned to invest. in which, the Indian government will give its share of Rs.9,407 crore and The share of State government will be Rs.4,880 crore. in addition, Beneficiaries’ share will be around Rs.5,763 crore.
  • PMMSY Yojana will be run for the period of five years which will start in FY 2020-21 and will be ended in FY 2024-25.
  • PMMSY scheme will have aim to address about the critical gaps in the sector of fisheries and realize its potential.
  • Along with it, its main purpose is to make fishers, fish farmers, and fish workers’ incomes double till the year 2024.

Q.1 What is the aim of Pradhan Mantri Matsya Sampada Yojana (PMMSY)?

the primary goal of PMMSY is to increase investments in the fisheries sector and competitiveness of fish and fisheries products. Learn More

Q.2 how many years Pradhan Mantri Matsya Sampada Yojana (PMMSY) will run ?

PMMSY Yojana will be run for the period of five years which will start in FY 2020-21 and will be ended in FY 2024-25. Learn More

Q.3 How PMMSY will be useful for fishers?

PMMSY Yojana‘s main purpose is to make fishers, fish farmers, and fish workers’ incomes double till the year 2024. Learn More

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