Pradhan Mantri Matsya Sampada Yojana (PMMSY): Apply Online, Eligibility

Pradhan Mantri Matsya Sampada Yojana (PMMSY): Apply Online, Eligibility: The Central Government has launched the Pradhan Mantri Matsya Sampada Yojana (Pradhan Mantri Matsya Sampada Yojana) scheme to increase revenue through aquaculture and fisheries. The aim of the project is to improve fish production, quality, infrastructure, technology and marketing.

prime minister matsya samyuktha yojana

The central government has approved an investment of Rs 20050 crore for the project. The scheme is being implemented in all the States and Union Territories. This is a super project for those who want to make money through the fish industry.

Pradhan Mantri Matsya Sampada Yojana (PMMSY): Apply Online, Eligibility

Fishermen, fish producers, fish workers, fishmongers, self-help groups, fishermen’s associations, entrepreneurs, women and people with disabilities can benefit from this scheme.

Under the Prime Minister’s Fisheries Scheme, the Central Government provides financial assistance to fisheries industries, including fisheries and aquaculture. There are two types of schemes: Central Government Scheme and Central Government Support Scheme.

The total cost of the central government scheme will be borne by the government. You do not need to make any expense. The central government will bear 60 per cent of the total cost and the state government 40 per cent of the total cost of the project with the support of the central government.

NamePradhan Mantri Matsya Sampada Yojana
Launched byGovernment of India
ObjectiveImproving fishing channels and supporting fisherman
Official Website
  • Enhancing fish production by an additional 70 lakh tonne till 2024-25,
  • Increasing fisheries export earnings to Rs.1,00,000 crore,
  • Doubling of incomes of fishers and fish
  • Reducing post-harvest losses from 20-25% to about 10%
  • Generation of additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities farmers,

Objective Of The Scheme

  • It will help in giving better costs to ranchers and twofold their salary.
  • Saddling of fisheries potential in an economical, capable, comprehensive, and evenhanded way
  • Improving fish creation and efficiency through development, heightening, broadening, and beneficial use of land and water
  • Modernizing and reinforcing of meriting chain – post-reap the executives and quality improvement
  • Multiplying fishers and fish ranchers earnings and age of work
  • Improving commitment to Agriculture GVA and fares
  • Social, physical, and financial security for fishers and fish ranchers

Beneficiaries Of Matsya Sampada Yojana

  • Fish farmers
  • The Fish workers and Fish vendors
  • Fisheries Development corporations
  • Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in fisheries sector
  • Fisheries cooperatives
  • Fisheries Federations
  • Entrepreneurs and private firms
  • Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
  • SCs/STs/Women/Differently abled persons
  • State Governments/UTs and their entities including
  • State Fisheries Development Boards (SFDB)

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Final Words

With the help of this scheme, the government will provide help to fishermen, people associated with fisheries. Cage Culture, c vid. Activities in farming, ornamental, fisheries and new fishing vessels will be promoted. The government will spend a package of 20,000 crores on the fishery development scheme, which will be part of the self-reliant India scheme. Let us tell you that the fishery sector provides employment to 1.4 crore people. This sector contributes 0.91 percent of India’s GDP. Now by developing this sector, the government is aiming to double its exports.

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