(The Gist of PIB) Pradhan Mantri Matsya Sampada Yojana

(The Gist of PIB) Pradhan Mantri Matsya Sampada Yojana

  •  [JUNE-2020]

Pradhan Mantri Matsya Sampada Yojana

  • The Union Cabinet has given its approval for implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) – a scheme to bring Blue Revolution through sustainable and responsible development of the fisheries sector in India.


  • The Scheme will be implemented during a period of 5 years from FY 2020-21 to FY 2024-25.
  • The PMMSY will be implemented as an umbrella scheme with two separate Components namely Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS).
  • Under the Central Sector Scheme Component an amount of 1720 crores has been earmarked.
  • Under the Centrally Sponsored Scheme (CSS) Component, an investment of 18330 crores has been envisaged, which in turn is segregated into Non-beneficiary oriented and Beneficiary orientated sub-components/activities under the following three broad heads: Enhancement of Production and Productivity, Infrastructure and Post-Harvest Management and Fisheries Management and Regulatory Framework.
  • For optimal outcomes, ‘Cluster or area-based approach’ would be followed with requisite forward and backward linkages and end to end solutions.
  • Collectivization of fishers and fish farmers through Fish Farmer Producer Organizations (FFPOs) to increase the bargaining power of fishers and fish farmers is a key feature of PMMSY.

Expected Benefits:

  • Augmenting fish production and productivity at a sustained average annual growth rate of about 9% to achieve a target of 22 million metric tons by 2024-25.
  • Creation of direct gainful employment opportunities to about 15 lakh fishers, fish farmers, fish workers, fish vendors, etc.
  • Doubling of fishers, fish farmers, and fish workers’ incomes by 2024.


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Courtesy: PIB