Page 41 - NIS English 1-15 September 24

4 years of PM Matsya Sampada Yojana Flagship

There are countless such success stories of employment and self-employment along with
increased income due to the Pradhan Mantri Matsya Sampada Yojana as this is the first
scheme after independence to invest more than Rs 20 thousand crores in the fisheries
sector. Income and employment have increased due to the assistance being provided to fish
farmers, fishermen, and people engaged in aquaculture under the scheme. The government
has also launched many other schemes to increase stability, productivity, and income in the
fisheries sector. PMMSY is completing four years on 10 September, so let's know how the
country's fisheries wealth is increasing...

he fisheries sector, known as the sunrise These big targets will be achieved in 2024-
sector, plays an important role in the Indian 25 under the scheme
Teconomy. With an 8 percent share in global
fish production, India is the world's third-largest n To increase fish production from 13.75 million
fish producer, second-largest aquaculture producer metric tons in 2018-2019 to 22 million metric tons
in 2024-2025.
and fourth-largest seafood exporter. About 3 n To increase fish productivity from 3 tons per
crore people in India depend on the fish sector. hectare to 5 tons.
It contributes to national income, exports, food, n To increase fish exports to Rs 1 lakh crore by 2024-
and nutrition security as well as employment 2025.
generation. Pradhan Mantri Matsya Sampada n To reduce the loss after fish production from 20-
Yojana (PMMSY) was launched on 10 September 25% to 10%.
2020 as a transformative initiative in India, which n To increase per capita fish consumption from 5
is making a mark in record fish production, kg to 12 kg.
aquaculture production, and seafood exports in n To envisage the creation of 68 lakh jobs by 2024-
25.
the country. Fisheries clusters are being created
through linkages by adopting mainly cluster or area- A look at PMMSY milestones
based approaches. Special attention is being given
to employment generation activities like seaweed Rs 21,958 6,774
and ornamental fish farming. This scheme is also 18,721
playing an important role in women's empowerment
and making people associated with aquaculture crores worth Pond area Retail fish
markets
of Proposals
(in Ha)
self-reliant. approved till 6 under Inland and kiosks
The Union Cabinet has approved the extension August 2024. aquaculture started.
of the Fisheries and Aquaculture Infrastructure
Development Fund (FIDF) till 2025-26 with a fund
of Rs 7522.48 crore already approved. Apart from 463 Deep sea fishing vessels
this, a new sub-scheme Pradhan Mantri Matsya approved, purchase started.
Kisan Samridhi Saha Yojana (PM-MKSSY) has
been launched in February 2024 for Rs 6000 crore
to provide work-based identity to 20 lakh fishermen, 586 Ice plants and cold storage.
fish farmers, and fish sellers including micro and