Page 42 - NIS English september 01-15, 2022

Flagship PM Matsya Sampada Yojana

Blue Revolution...

RAPID PROGRESS IN FISH
RAPID PROGRE SS IN FISH

PRODUCTION
ODUCTION
PR

The time has come to launch the Blue Revolution, which is represented by the blue colour of
the Ashoka Chakra. Prime Minister Narendra Modi made these remarks about the fisheries
sector, which has remained unaffected by the country's development. When Prime Minister
Narendra Modi assumed office in 2014, he reaffirmed his commitment to doubling farmers'
incomes. For the first time after the White Revolution, it also covered the Green and Blue
Revolutions. The Pradhan Mantri Matsya Sampada Yojana (PMSY), the largest investment in
the fishing industry since independence, was introduced on September 10, 2020, as part of
this initiative. The contribution of this sector in the GDP has been growing and condition of
over 2.8 crore people dependent on this sector since the PMSY was launched.

he fishing industry in India has enormous 2014. From 2014 to 2024-25, a total of Rs. 30,572
profit potential. It is the world's largest shrimp crore was invested in this sector, which included
Tproducer and the world's second largest fish PMMSY, Blue Revolution Scheme, and Fisheries
producer. Blue Revolution scheme that began in 2015 Infrastructural Development Fund. The work is
with the goal of doubling the income of fishermen and moving along quickly and within budget. PMMSY
another scheme launched in 2020 with a budget of Rs has set a goal of creating new jobs for 55 lakh
20500 crore is now showing result . Fish production people by 2025.
is rapidly increasing. New techniques and methods, Seafood exports increased from 1.15 million
such as RAS, Biofloc, and cage culture, are increasing metric tonnes in 2020-21 to 1.51 million metric
fish productivity. For the first time, fish farmers and tonnes in 2021-22 as a result of the existing
business owners are covered by insurance. Fishing area for fisheries and aquaculture in India. India
vessels are being insured for the first time in the exports seafood to 112 countries in the world
country, and women are being empowered through and is the fourth largest exporter of seafood in
ornamental fish farming and seaweed farming. the world. The United Nations General Assembly
The fishing industry was one that received little declared 2022 as the "International Year of
attention after independence. Only Rs.3682 crore Artisanal Fisheries and Aquaculture".
was invested in this sector from independence to

40 New India Samachar September 1-15, 2022