Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana

• It is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Atma Nirbhar Bharat Abhiyan.
• Nodal Ministry: Department of Fisheries, Ministry of Animal Husbandry, Dairying and Fisheries.
• Aim:
  • Enhance fish production by an additional 70 lakh tonne and increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.
  • Double the incomes of fishers and fish farmers.
  • Reduce post-harvest losses from 20-25% to about 10%.
  • Generate an additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities.
• Investment and Duration: An estimated investment of Rs. 20,050 crores for a period of 5 years from financial year (FY) 2020-21 to FY 2024-25 in all States/Union Territories.
• Components: The scheme has two components — Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS).
• Other significant Features:
  • The scheme Adopt ‘Cluster or Area-based Approaches’ and create fisheries clusters through backward and forward linkages.
  • It focuses especially on employment generation activities such as seaweed and ornamental fish cultivation.

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