Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY): Eligibility & Applying Procedure

The Honorable Prime Minister Shri Narendra Modi announced the PM Matsya Sampada Yojana on 10 September 2020 with the goal of boosting our nation’s fish export and manufacturing sectors. The fishermen’s income will rise and their quality of life will be enhanced by this scheme. In this post you get every necessary information regarding this scheme including its benefits, overview, objective, eligibility criteria, applying procedure and much more.

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Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)

The Governor and Chief Minister of Bihar, as well as the Union Minister and the Minister of Fisheries, Animal Husbandry, and Dairy were present as Narendra Modi formally launched the Pradhan Mantri Matsya Sampada Yojana by video conference on 10 September 2020 PM. For this programme, the government plans to invest an estimated Rs.20,050 crores between 2020-2021 and 2024-2025.

Amounts planned for beneficiary-oriented operations in marine, inland and aquaculture total around Rs.12340 crores and around Rs. 7710 crores for Fisheries Infrastructure. The government’s primary goal for the program is

  • Increasing fish output by 70 lakh tonnes until 2024-2025
  • Raising the revenue from fisheries exports to Rs. 1,00,000 crore
  • Doubling of fisherman’s and fishermen’s earnings
  • Lowering post-harvest losses to around 10% from 20-25%
  • Creation of an extra 55 lakhs chances for meaningful work, both direct and indirect in the agriculture and fishing industries.
Pradhan Mantri Matsya Sampada Yojana

Overview Of Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)

Name of the YojanaPradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)
Launched ByGovernment of India
BeneficiariesFishermen
ObjectiveImproving fishing channels and providing assistance to fishermen
Official Websitehttps://pmmsy.dof.gov.in/

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Objective Of Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)

The main objective of the yojana is to boost fishermen’s income and advance the fishing industry. In order to provide both direct and indirect job possibilities in the fishing industry, this strategy will enhance fish production and export. The central government’s initiative would give fishermen and fish growers social, physical and financial stability. Additionally, this program will support entrepreneurship in the fishing industry.

Benefits Of Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)

The benefits of this yojana is given below:

  • The strategy aims to maximize the potential in the fishing region, improve or increase horticulture and modernize the processing and abatement of agricultural waste.
  • The yojana was suggested by the government to strengthen the fishing board structure and plug weak points in the value chain.
  • The government has stated that the Blue Revolution or Neeli Kranti may be able to take the top rank in fish production on Planet. It includes plans from MoFPI on topics including food parks, food safety and infrastructure.

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Eligibility Criteria

The eligibility criteria of this yojana is given below:

  • The applicant must live in india.
  • The applicant must be a fisherman.

Target Of Yojana

  • To do Rs 20050 crore investment in the ecosystem
  • To increase fish production from 13.75 million metric ton to 22 million metric ton
  • To double export earning from 46k crore 100K crore
  • To reduce post harvest loss from 20-25% to 10%
  • To double the income of fishers and fish farmers
  • To generate direct gainful employment opportunities of 15 lakh and thrice the number as indirect employment opportunities
  • To facilitate private investment and growth of entrepreneurship in the fisheries sector
  • To increase the contribution of fisheries sector to the agricultural GVA to about 9% from 7.28%
  • To argument domestic fish consumption from 5 kg to 12 KG per capita

Strategic Priorities

  • Cold water fisheries
  • Seaweed cultivation
  • Marine fisheries
  • Inland fisheries
  • Fisherman’s welfare
  • Infrastructure and post harvest management
  • Aquatic Health management
  • Ornamental fisheries
  • Other important activities

Components Of PMMSY

Central Sector Scheme

Centrally Sponsored Scheme

Implementation Of Matsya Sampada Yojana

The government must hold speculation of Rs. 31,400 crore and has a spending plan of Rs. 6000. the processing of around 334 lakh MT of agricultural goods valued at Rs 1 lakh, 4 thousand 125 crores. The Matsya Sampada would benefit over 2 million ranchers and generate about 5 lakh-30 thousand direct or indirect jobs in the country in 2019-2020. As part of the Blue Revolution, the administration has set a goal to produce 15 million tons of fish by 2020 and increase that number to around 20 million tons by 2022-2023.

Beneficiaries Of PMMSY Scheme

  • Fishers
  • 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)
  • Central Government and its Entities

Application Procedure Of Pradhan Mantri Matsya Sampada Yojana 2024 (PMMSY)

  • First you have to visit the Official Website of this yojana.
  • The homepage will appear on your screen.
  • Click on the login button.
  • Afterwards, the individual must submit the form and upload any necessary documents.
  • Along with the form, the recipient must also prepare and submit his own SCP-DPR. Grants will be awarded based on unit costs, even when DPR and SCP costs may exceed those of the units. You may download the DPR template from the official website.

About e-Gopala App

  • All types of disease-free germplasm are bought and sold.
  • the availability of top-notch breeding services and advice for farmers about animal feeding.
  • animal care with the use of suitable ethnoveterinary or ayurvedic treatment.

FAQ’s

What is the Pradhan Mantri Matsya Sampada Yojana?

The government launched the Pradhan Mantri Matsya Sampada Yojana with the intention of improving the nation’s fisheries department.

What is meant by PMMSY?

The Pradhan Mantri Matsya Sampada Yojana is commonly known as PMMSY.

The Pradhan Mantri Matsya Sampada Yojana is commonly known as PMMSY.

The primary goal of the yojana is to enhance the nation’s fisheries productivity and fisherman’s welfare.

What is the official website of this yojana?

https://pmmsy.dof.gov.in

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