Important for GS Prelims: Economy / Agriculture
About Pradhan Mantri Matsya Sampada Yojana (PMMSY)
- A flagship umbrella scheme to revitalize India’s fisheries sector through ecologically sound, inclusive, and modern development practices.
- Launched in May 2020 under the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying.
- Aims to bridge gaps across fish harvesting, quality enhancement, post-harvest infrastructure, and value chain traceability.
“Sagar Mitras” are deployed as dedicated multipurpose ground workers in coastal villages to assist in catch documentation and professional fisheries management.
Key Features
- Adopts a cluster/area-based approach to organize small-scale marine and inland fishers.
- Promotes BioFloc Technology and Re-circulatory Aquaculture Systems (RAS).
- Establishes a national network of species-specific aquatic brood banks for certified, disease-resistant seed.
- Strengthens aquatic health through integrated laboratory infrastructure for disease detection and residue monitoring.
- Integrates PM-MKSSY, a ₹6,000 crore World Bank/AFD co-funded sub-scheme approved on 8th February 2024 (FY 2023-24 to FY 2026-27).
- Utilizes the National Fisheries Digital Platform (NFDP), launched 11th September 2024.
- Converges with the Sagarmala Programme and MGNREGS.
| Particular | Details |
| Launched | May 2020 |
| Nodal Ministry | Ministry of Fisheries, Animal Husbandry and Dairying |
| Total Investment | ₹20,050 crore (Centre ₹9,407 cr; State ₹4,880 cr; Beneficiary ₹5,763 cr) |
| Production Target | 13.75 MMT (2018-19) → 22 MMT (2024-25) |
| Employment Target | 15 lakh direct jobs |
| Subsidy — General | 40% (60% beneficiary contribution) |
| Subsidy — SC/ST/Women | 60% (40% beneficiary contribution) |
| Subsidy — UTs | 100% central funding |
Conclusion
Pradhan Mantri Matsya Sampada Yojana, launched in May 2020 under the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, operates as a flagship umbrella scheme with total investment of ₹20,050 crore to modernize India’s fisheries value chain through cluster-based aquaculture, brood banks, and Sagar Mitras.
India, the world’s 3rd largest fish producer, targets raising output to 22 million metric tons by 2024-25 and generating 15 lakh direct jobs; beneficiaries receive 40% (general) or 60% (SC/ST/women) subsidy under norms.