PRADHAN MANTRI MATSYA SAMPADA YOJANA – GOVERNMENT SCHEME
News:
PMMSY: Successfully
addressing critical gaps in the fisheries value chain
What's
in the news?
●
In 2020, just the Indian fisheries sector
was preparing for a big leap due to the reforms initiated by Prime Minister
Narendra Modi, who understood the immense potential of the Blue Economy, and
initiated systemic development of the sector including carving out a Fisheries
Ministry, the COVID-19 pandemic threatened to halt the progress.
●
However, the PM turned this crisis into an
opportunity by announcing the Atmanirbhar Bharat package for the fisheries
sector.
●
A significant sum of ₹20,050 crore was
allocated for the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in September
2020, committing the biggest-ever investment in the history of Indian
fisheries.
Key
takeaways:
●
PMMSY has expanded inland fishing even to
landlocked States; priorities include infrastructure and post-harvest
management, fishermen’s welfare, cold water fisheries, ornamental fisheries and
seaweed cultivation.
Pradhan Mantri Matsya Sampada Yojana
(PMMSY):
Launched in: Union Budget 2019-20.
Ministry: Ministry of Fisheries, Animal
Husbandry and Dairying.
Type: The PMMSY will be implemented as an umbrella scheme with two separate
Components namely
(a) Central Sector Scheme (CS)
(b) Centrally Sponsored Scheme (CSS).
Fund allocation:
● Highest ever investment of Rs. 20050
crores in
fisheries sector comprising Central share of Rs. 9407 crore, State share of Rs
4880 crore and Beneficiaries contribution of Rs.5763crore.
Tenure of the scheme:
● PMMSY
will be implemented over a period of 5 years
from FY 2020-21 to FY 2024-25 in all
States/Union Territories.
Aims and Objectives of PMMSY:
Background
of Fisheries Sector:
●
Fisheries and aquaculture are an important
source of food, nutrition, employment and income in India. Fish being an
affordable and rich source of animal protein, is one of the healthiest options
to mitigate hunger and malnutrition.
●
The sector provides livelihood to more
than 20 million fishers and fish farmers at the primary level and twice the
number along the value chain.
●
The Gross Value Added (GVA) of the
fisheries sector in the national economy during 2018-19 stood at Rs 2,12,915
crores (current basic prices) which constituted 1.24% of the total National GVA and 7.28% share of Agricultural GVA.
●
Fisheries growth rate in the last 2 years,
shows an impressive growth of 14.3% from
2019-20 to 2021-22.
●
Further, fish production reached an
all-time high of 141.64 lakh tons during 2019-20 to 161.87 lakh tons (provisional) during 2021-22.
●
Similarly in exports, we have achieved the
all-time high exports of 13.64 lakh tonnes valuing Rs 57,587 crores (USD 7.76
bn) dominated by exports of shrimps. At present we are exporting to 123 countries.
Achievements
of the PMMSY scheme:
Challenges
in Implementation of the Scheme:
The Prime Minister
envisioned PMMSY as a tool of Atma Nirbhar Bharat towards the purpose of rural
development by utilizing rural resources and boosting rural economy in a rapid
way. PMMSY can be a key factor for augmenting the livelihood of the rural
sector of the nation. The main motto of PMMSY is ‘Reform, Perform and
Transform’ in the fisheries sector.