Lok Sabha Question No. 4852 (UNSTARRED), answered on 2025-04-01
Subject: Promotion of Aquaculture Insurance
Ministry: FISHERIES, ANIMAL HUSBANDRY AND DAIRYING
Asked by: Smt. Himadri Singh

## GOVERNMENT OF INDIA

## MINISTRY OF FISHERIES, ANIMAL HUSBANDRY AND DAIRYING DEPARTMENT OF FISHERIES

## LOK SABHA UNSTARRED QUESTION No. †4852 TO BE ANSWERED ON 01 ST  APRIL, 2025

## Promotion of Aquaculture Insurance

## †4852. Smt. Himadri Singh:

Will the Minister of FISHERIES, ANIMAL HUSBANDRY AND DAIRYING be pleased to state:

(a) the total amount of funds provided and spent for various schemes of the Ministry till February, 2025;

(b) whether the Government has taken any steps to promote Aquaculture Insurance, if so, the details thereof; and

(c) whether the Government has taken any steps to adopt Safety and Quality System for safe fish production and if so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR FISHERIES, ANIMAL HUSBANDRY AND DAIRYING (SHRI GEORGE KURIAN)

(a):  The  Ministry  of  Fisheries  Animal  Husbandry  and  Dairying  is  implementing  various schemes for development of Fisheries, Animal Husbandry and Dairying sectors which interalia  include  (i)  Pradhan  Mantri  Matsya  Sampada  Yojana  (PMMSY),  (ii)  Fisheries  and Aquaculture  Infrastructure  Development  Fund  (FIDF),  (iii)  Pradhan  Mantri  Matsya  Kisan Samridhi Sah-Yojana (PM-MKSSY), (iv) Livestock Health and Disease Control Programme, (v) Infrastructure Development Fund, (vi) Dairy Development, (vii) Rashtriya Gokul Mission, (viii)  Livestock  Census  &  ISS,  (ix)  National  Livestock  Mission  and  (x)  Dairying  through Cooperatives.  During the year 2024-25, an amount of Rs. 5113.00 crore has been allocated and an amount of Rs.3459.74 crore has been spent for various activities across the country under these above schemes by 23 rd  March, 2025.

(b): The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay  of  ₹6000.  The  Component  1-B  of  PM-MKSSY  provides  onetime  incentive  to  the aquaculture farmers against purchase of insurance with farm size upto 4 hectares of water spread area.

The 'onetime incentive' is provided at the rate of 40% of the cost of premium subject to the ceiling of ₹25000 per hectare of water spread area of the aquaculture farm. The maximum incentive payable to single farmer is ₹100,000 upto farm size of 4 hectares of water spread area. For intensive form of aquaculture other than farms such as cage culture, Re-circulatory Aquaculture System (RAS), bio-floc, raceways, etc. the incentive payable is 40% of premium. The maximum incentive payable is ₹1 lakh and the maximum unit size eligible is 1800 m 3 . The aforesaid benefit of 'onetime incentive' is provided for aquaculture insurance purchased for  one  crop  only  i.e.  one  crop  cycle.    Scheduled  Caste  (SC),  Scheduled Tribe (ST) and Women beneficiaries would  be  provided  an  additional  incentive  @  10%  of  the  incentive payable for General Categories.

(c) The Component 3 of PM-MKSSY provides financial incentive to fisheries micro and small enterprises in the form of Performance Grant for adoption of value chain efficiencies, safety and  quality  assurance  systems  in  fish  and  fishery  products  against  a  set  of  measurable parameters. The quantum of Performance Grant is: (i) for microenterprise, 25% of the total investment  or,  ₹35  lakhs,  whichever  is  lower,  for  General  Category  and  35%  of  total investment or, ₹45 lakhs, whichever is lower, for SC, ST and  Women  owned microenterprises. (ii) for Small enterprise, 25% of total investment or ₹75 lakhs, whichever is lower, for General Category and 35% of total investment or ₹100 lakhs, whichever is lower, for Scheduled Caste (SC), Scheduled Tribe (ST) and Women owned small enterprises. (iii) for Village Level Organizations and Federations of Self Help Groups (SHGs), Fish Farmer Producer Organisation (FFPOs) and Cooperatives, 35% of total investment or ₹200 lakhs, whichever is lower.

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