
PMMSY Scheme to Boost Fisheries Sector in India
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government scheme launched to boost the fisheries sector in India.
The scheme aims to achieve a total investment of Rs. 20,050 crore over a period of five years.
The PMMSY will focus on five key areas:
- Production: The scheme will provide financial assistance for the development of infrastructure for fish production, such as cold storage facilities, hatcheries, and fish landing centers.
- Processing: The scheme will also provide financial assistance for the development of infrastructure for fish processing, such as processing plants and cold chains.
- Marketing: The scheme will promote the marketing of fish products through various initiatives, such as branding and export promotion.
- Fishermen’s welfare: The scheme will provide financial assistance for the welfare of fishermen, such as providing safety kits, insurance, and livelihood support.
- Research and development: The scheme will also support research and development in the fisheries sector.
The PMMSY is expected to create about 50 lakh jobs in the fisheries sector. It is also expected to increase fish production by 20% and export by 30%.
The scheme has been welcomed by the fisheries sector.
The National Fisheries Development Board (NFDB) has said that the PMMSY will be a “game-changer” for the sector.
The PMMSY is a major step by the government to boost the fisheries sector in India.
The scheme is expected to play a significant role in increasing fish production, exports, and employment in the sector.
Here are some of the key benefits of the PMMSY scheme:
- It will provide financial assistance for the development of infrastructure for fish production, processing, and marketing.
- It will promote the marketing of fish products through various initiatives, such as branding and export promotion.
- It will provide financial assistance for the welfare of fishermen, such as providing safety kits, insurance, and livelihood support.
- It will support research and development in the fisheries sector.
The PMMSY scheme is a major step towards achieving the government’s goal of making India a leading fish producer and exporter in the world.