Pradhan Mantri Matsya Sampada Yojana 2025: Application, Benefits, and Objectives

Overview of Pradhan Mantri Matsya Sampada Yojana – This article discusses the important aspects of the Pradhan Mantri Matsya Sampada Yojana (PMMSY). We will cover the details about the application process, the incentives provided, and various benefits available to the beneficiaries of PMMSY. Additionally, we will highlight the eligibility criteria for residents of India interested in applying for this scheme.

Pradhan

Pradhan Mantri Matsya Sampada Yojana 2025

Prime Minister Narender Modi officially launched the Pradhan Mantri Matsya Sampada Yojana on 10th September 2024 via video conference, along with notable leaders such as the Governor and Chief Minister of Bihar and Union Minister for Fisheries. The government will invest approximately Rs. 20,050 crores in the scheme from 2020 to 2025. This includes Rs. 12,340 crores for beneficiary-oriented activities in marine and inland fisheries and aquaculture, and around Rs. 7,710 crores for fisheries infrastructure. This initiative aims to:

  • Increase fish production by an additional 70 lakh tonnes by 2024-25,
  • Boost fisheries export earnings to Rs. 1,00,000 crores,
  • Double the income of fishermen and aquaculture farmers,
  • Reduce post-harvest losses from 20-25% to about 10%,
  • Create an additional 55 lakh direct and indirect employment opportunities in the fisheries and allied sectors.

Supporting Fish Production

To promote aquaculture, our government is undertaking the Blue Revolution initiative. Recently, the Prime Minister launched the Pradhan Mantri Matsya Sampada Yojana with an investment of Rs. 20,000 crores. These efforts have dramatically increased fish production to record levels in India: PM @narendramodi — PMO India (@PMOIndia) December 18, 2020

Objectives of PM Matsya Sampada Yojana

The key objectives of the Matsya Sampada Yojana include:

  • Enhancing the current fish supply chain from production to market.
  • Promoting the food processing sector in the country.
  • Contributing to the GDP and creating job opportunities.
  • Mitigating the extensive wastage of fishery products.
  • Ensuring better prices for farmers and increasing their income.
  • Utilizing the fisheries potential sustainably, efficiently, and equitably.
  • Improving fish production through effective resource management.
  • Modernizing and enhancing quality control in the fisheries supply chain.
  • Increasing earnings for fishermen and aquaculture workers.
  • Providing social, economic, and physical security for those involved in fisheries.
  • Improving fisheries management and regulatory frameworks.

Pradhan Mantri Kaushal Vikas Yojana

Details of Pradhan Mantri Matsya Sampada Yojana

Name Pradhan Mantri Matsya Sampada Yojana
Launched by Government of India
Beneficiaries Fishermen
Objective Improve fishing channels and support fishermen
Official Website http://dof.gov.in/pmmsy

Targets of the Yojana

  • Invest Rs. 20,050 crores into the fisheries ecosystem.
  • Raise fish production from 13.75 million metric tons to 22 million metric tons.
  • Double export earnings from Rs. 46,000 crores to Rs. 1,00,000 crores.
  • Decrease post-harvest losses from 20-25% to 10%.
  • Double the income of fishermen and fish farmers.
  • Create 15 lakh direct jobs and triple that number in indirect employment opportunities.
  • Encourage private investment and entrepreneurship in fisheries.
  • Boost the fisheries contribution to agricultural GVA from 7.28% to approximately 9%.
  • Increase domestic fish consumption from 5 kg to 12 kg per capita.

Strategic Priorities

  • Development of cold water fisheries.
  • Promotion of seaweed cultivation.
  • Fishing in marine and inland waters.
  • Welfare of fishermen.
  • Enhancing infrastructure and post-harvest management.
  • Managing aquatic health.
  • Engaging in ornamental fisheries activities.
  • Other significant initiatives.

PM Kisan Balance Check

Benefits of Pradhan Mantri Matsya Sampada Yojana

The objective of the PMMSY is to enhance agriculture, modernize processing, minimize waste, and leverage the potential of the fisheries sector. The government aims to create a robust fisheries management structure to bridge gaps in the value chain. As part of the ‘Blue Revolution’, the initiative aligns with various Ministry of Food Processing Industries (MoFPI) programs focusing on food parks and food safety.

Components of PMMSY

  • Central Sector Scheme
  • Centrally Sponsored Scheme

Implementation of Matsya Sampada Yojana

The government will allocate a budget of Rs. 6,000 crores and is expected to sustain an investment of Rs. 31,400 crores. Processing about 334 lakh metric tons of agricultural products valued at Rs. 1,04,125 crores will benefit approximately 2 million farmers, generating around 5 lakh 30 thousand jobs in the 2019-2020 timeframe. The government aims for fish production to reach 15 million tons by 2024 under the Blue Revolution, ultimately targeting about 20 million tons by 2025.

Implementation Guidelines

Operational guidelines for PM Matsya Sampada Yojana were issued on June 30, 2020. The funding structure includes Rs. 9,407 crores from the central government, Rs. 4,880 crores from state governments, and Rs. 5,763 crores from beneficiaries. Key implementation guidelines include:

  • Utilizing a cluster or area-based approach for optimal outcomes with essential linkages for supply and support.
  • Using advanced technologies like Re-circulatory Aquaculture Systems, Biofloc, Aquaponics, and Cage Cultivation for enhancing production and productivity.
  • Special focus on cold water fisheries and aquaculture in brackish water and saline areas.
  • Promoting Mariculture, seaweed farming, and ornamental fisheries to create employment.
  • Developing region-specific plans for Jammu and Kashmir, Ladakh, Islands, Northeast, and Aspirational Districts with a focus on fisheries.
  • Integrating modern coastal fishing villages into holistic development for coastal communities.
  • Enhancing fishers and fish farmers’ bargaining power through collective organizations.
  • Setting up Aquaparks as hubs for diverse fisheries activities.
  • Supporting the establishment of Fisheries Incubation Centres through public and private sectors under PMMSY.
  • Building synergies with research and extension services from agricultural departments.
  • Providing annual livelihood support to fishers during lean periods.

Beneficiaries of PMMSY Scheme

The scheme is accessible to all fishers in India, underscoring its aim to improve the fisheries sector nationwide. Eligible beneficiaries include:

  • Fishermen
  • Fish farmers
  • Fish workers and vendors
  • Fisheries Development Corporations
  • Self-Help Groups (SHGs)/Joint Liability Groups (JLGs) involved in fisheries
  • Fisheries cooperatives
  • Fisheries Federations
  • Entrepreneurs and private firms
  • Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
  • SC/ST groups, women, and differently-abled persons
  • State Governments/UTs and their respective entities
  • State Fisheries Development Boards (SFDB)
  • Central Government and its various entities

UDAN Scheme

Statistics

Proposal sanction till date 7242.89
States/UTs covered till date 34
Estimated beneficiaries impacted 1,600,000
Families receiving livelihood and nutritional support 677,462
Rafts and monoline/Tubenets for seaweed cultivation 117,531
Number of cages and pens in reservoirs and other water bodies 15,454
Fish transportation facilities established 12,456
Pond area under inland aquaculture 9,960.55
Bio toilets in mechanized fishing vessels 4,208
Replacement boats provided 3,230
Recirculatory aquaculture systems implemented 2,870
Biofloc units established 2,221
Fish retail markets and kiosks set up 1,655
Ornamental fish rearing units established 1,248
Fish farmer producer organizations formed 720
Upgradation of existing fishing vessels 527
Fish feed mills/plants established 377
Fish/Prawn hatcheries set up 300
Deep-sea fishing vessels constructed 273
Ice plants/cold storages established 235
Extension and support services provided 60

Impact of the PMMSY

The PMMSY is projected to have a significant positive impact on the fisheries community in India, evidenced by the following outcomes:

  • Augmenting fish production from 137.58 lakh metric tons (FY 2018-19) to 220 lakh metric tons by 2024-25.
  • Achieving an average annual growth rate of approximately 9% in fish production.
  • Enhancing the contribution of the fisheries sector to the Agricultural GVA from 7.28% in 2018-19 to about 9% by 2024-25.
  • Doubling export revenues from Rs. 46,589 crores in 2018-19 to roughly Rs. 1,00,000 crores by 2024-25.
  • Improving aquaculture productivity from the current national set standard of 3 tonnes to about 5 tonnes per hectare.
  • Reducing post-harvest losses from the existing 20-25% to approximately 10%.
  • Increasing per capita domestic fish consumption from around 5-6 kg to around 12 kg.
  • Creating around 5.5 million direct and indirect job opportunities within the fisheries sector and related supply chains.

Application Process for Pradhan Mantri Matsya Sampada Yojana

The PMMSY was launched to uplift the fisheries sector in India, offering around 29 benefits specifically for fishermen. Grants covering 60% of unit costs are accessible for SC, ST, and women, while 40% is designated for other categories. Those interested in applying for PMMSY can do so through the official departmental website. The last day to apply has yet to be announced.

  • According to Fisheries Development Officer Chitranjan Kumar, the application process is straightforward.
  • Beneficiaries must log in on the official website.
Pradhanmantri
  • Next, applicants should complete the form and upload the required documents.
  • Applicants must also prepare and submit an SCP-DPR along with the form. While the cost of constructing the DPR can exceed the unit cost, the grant will be allocated based on the predefined unit cost. A template for preparing the DPR is available for download on the official website.

About e-Gopala App

The e-Gopala App was launched simultaneously to assist farmers in managing their livestock. Key features of the e-Gopala app include:

  • Facilitating the buying and selling of disease-free germplasm in all forms.
  • Providing access to quality breeding services and animal nutrition guidance.
  • Offering treatment options using appropriate Ayurvedic and ethnoveterinary medicines.

Essential Resources