The Pradhan Mantri Matsya Sampada Yojana (PMMSY), implemented from FY 2020-21, aims for holistic development of the fisheries sector.
Fish production in India increased from 141.64 lakh tonne (2019-20) to 197.75 lakh tonne (2024-25) under PMMSY.
PMMSY provides 60% higher financial assistance for women beneficiaries in beneficiary-oriented activities.
Rs. 4178.30 crore has been sanctioned for 1,47,654 women beneficiaries across States and UTs from FY 2020-21 to 2025-26.
Rs. 2,797 crore has been approved under PMMSY and Fisheries and Aquaculture Infrastructure Development Fund (FIDF) for cold chain and marketing facilities till April 2026.
Detailed Insights:
The scheme has significantly contributed to augmenting fish production, demonstrating its impact on the sector's growth.
Inclusive development is a key focus, empowering women through enhanced financial support for their participation in fisheries.
The substantial financial outlay for women beneficiaries underscores the government's commitment to gender equity in the sector.
Development of cold chain and marketing infrastructure is a thrust area, crucial for reducing post-harvest losses and improving market access.
Approved infrastructure includes 775 cold storages/ice plants and 28,489 fish transportation units like motorcycles, bicycles, auto rickshaws, and trucks.
Other approved facilities comprise 1,394 live fish vending units, 6,018 fish kiosks, 117 retail fish markets, and 24 wholesale fish markets.
Key Concepts Involved:
Pradhan Mantri Matsya Sampada Yojana (PMMSY): A flagship scheme to bring about Blue Revolution through sustainable and responsible development of the fisheries sector.
Fisheries and Aquaculture Infrastructure Development Fund (FIDF): A dedicated fund to create modern fisheries infrastructure, including cold chains and marketing facilities.