Question: Give me details about Pradhan Mantri Matsya Sampada Yojana.

Answer: s of PMMSY1. Harness the potential of the fisheries sector in a sustainable,

**Eligibility:** Ministry of Fisheries,Animal Husbandry and DairyingPradhan Mantri Matsya Sampada
YojanaAgricultureFarmingFisheriesDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked QuestionsThe
scheme "Pradhan Mantri Matsya Sampada Yojana (PMMSY)" was launched by the Department of Fisheries; Ministry of Fisheries,
Animal Husbandry, and Dairying; to bring about ecologically healthy, economically viable, and socially inclusive development of the
fisheries sector of India.ï»¿PMMSY shall bring about Blue Revolution through sustainable and responsible development of the fisheries
sector in India at a total investment of â‚¹ 20,050 crore for holistic development of the fisheries sector including the welfare of fishers.
PMMSY is implemented in all the States and Union Territories for a period of five years from FY 2020-21 to FY 2024-25. In the Union
Budget 2023-24, a new sub-scheme under the PMMSY has been announced with an investment of Rs.6,000 crore to enable activities of
fish vendors, fishermen, and micro and small enterprises for improving value chain efficiencies and expanding the market.ï»¿Objectives
of PMMSY1. Harness the potential of the fisheries sector in a sustainable, responsible, inclusive, and equitable manner.2. Enhance fish
production and productivity through expansion, intensification, diversification, and productive utilization of land and water.3. Modernize
and strengthen the value chain including post-harvest management and quality improvement.4. Double fishers and fish farmersâ€™
incomes and generate meaningful employment.5. Enhance the contribution of the fisheries sector to Agricultural GVA and exports.6.
Ensure social, physical, and economic security for fishers and fish farmers.7. Build a robust fisheries management and regulatory
framework.ï»¿Targets of PMMSYï»¿Fish Production and Productivity - 1. Increasing fish production to 22 million metric tons by 2024-
25 from 13.75 million metric tons in 2018-19.2. Enhancing aquaculture productivity to 5 tons per hectare from the current national
average of 3 tons.3. Augmenting domestic fish consumption from 5 kg to 12 kg per capita.ï»¿Economic Value Addition - 1. Increasing
contribution of the fisheries sector to the Agriculture GVA to about 9% by 2024-25 from 7.28% in 2018-19.2. Doubling export earnings
to â‚¹ 1,00,000 crores by 2024-25 from â‚¹ 46,589 crores in 2018-19.3. Facilitating private investment and growth of entrepreneurship in
the fisheries sector.4. Reduction of post-harvest losses from the reported 20-25% to about 10%.ï»¿Enhancing Income and Employment
Generation - 1. Generating 55 lakh direct and indirect employment opportunities along the value chain.2. Doubling the incomes of
fishers and fish farmers.OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital
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24303714Last Updated On : 28/03/2024 | v-2.1.1