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Pradhan Mantri Matsya Sampada Yojana was launched by the Indian Government on 10 September 2020. Pradhan Mantri Matsya Sampada Yojana is specially designed for the fisherman. PMMSY will be executed in all the States and Union Territories for 5 years, the period from 2020-21 to 2024-25. 

PMMSY helps to manage the critical gaps in fish production and productivity, modernization and strengthening of the value chain, quality, establishing a robust fisheries management framework, technology, post-harvest infrastructure and management, traceability, and fishers welfare.

Pradhan Mantri Matsya Sampada has been approved a total budget of Rs. 20,050 crores include the Central share of Rs. 9407 crores, State share of Rs 4880 crores, and Beneficiaries’ contribution of Rs. 5763 crores. 

There are two components in PM Matsya Sampada Yojana i.e. Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS). Centrally Sponsored Scheme (CSS) is further classified into Beneficiary orientated and Non-beneficiary oriented components under the following leads.

  1. Enhancement of Production and Productivity
  2. Infrastructure and Post-harvest Management
  3. Fisheries Management and Regulatory Framework

Centrally Sponsored Scheme (CSS):

The Non-beneficiary orientated sub-components under CSS element to be implemented by the States/UTs, the fundamental project cost will be shared between Centre and State are detailed below-

  • North Eastern and Himalayan States: 90% Central share and 10% State share
  • Other States: 60% Central share and 40% State share
  • Union Territories: 100% Central share

The Beneficiary orientated i.e. individual/group activities under CSS component to be implemented by the States/UTs, the Government financial contribution of both Centre and State/UTs governments together will be limited to 40% of the project. For the General category and 60% of the project/unit cost for SC/ST/Women. The Government financial assistance will in turn be transferred between Centre and State in the following ratio-

  • The North Eastern and the Himalayan States: 90% Central share and 10% State share
  • Other States: 60% Central share and 40% State share
  • Union Territories: 100% Central share

Activity namely “Livelihood and nutritional support for socio-economically backward, active traditional fishers‟ families for conservation of fisheries resources during fish ban/lean period” under PMMSY is continued as per the criteria, guidelines, and appropriation pattern of the Saving-cum-Relief Component of the Centrally Sponsored Scheme (CSS).

Blue Revolution Scheme: Integrated Development and Management of Fisheries. Accordingly, the governmental assistance of Rs 3000 per annum per enrolled beneficiary under this activity under PMMSY will be shared as detailed below:

  • The North Eastern and the Himalayan States: 80% Central share and 20% State share
  • Other States: 50% Central share and 50% State share
  • Union Territories: 100% Central share
  • Every individual under this element is needed to contribute Rs. 1500 yearly
  • The beneficiary fishers will save Rs. 1500 over 9 months during fishing season annually towards their contribution with a bank selected by the State/UT Department of Fisheries
  • States/UTs will devise suitable modalities to ensure clarity and smooth execution of this activity
  • Dumping contribution for the period of one or two months may be avoided

The sharing budget pattern for these actions under the PMMSY are given below-

States/UTsFunding PatternContribution
General States50:50 Centre and the General StatesCentre Share Rs. 1500+ State share Rs. 1500 + Beneficiary share Rs. 1500+ Rs. 4500/- year
North East and the Himalayan States80:20 Centre and NE & Himalayan StatesCentre share Rs. 2400 + State share Rs. 600 + Beneficiary share Rs. 1500 = Rs. 4500/- year
Union Territories100% as Centre share for UTs (with legislature and without legislature)Centre share Rs. 3000 + Beneficiary share Rs.1500 = Rs.4500/-year

Pradhan Mantri Matsya Sampada Yojana Objectives:

  • Control fisheries potential in a sustainable, reliable, inclusive, and impartial way
  • Improving fish production and productivity through expansion, diversification, and intensification
  • utilize productive land and water for fisheries
  • Updating and supporting the value chain – post-harvest management
  • Improvement in quality of fisheries
  • Doubling fishers and fish farmers incomes
  • Generating more employment opportunities for fish farmers
  • Improving assistance to Agriculture GVA and exports
  • Providing social, physical, and economic security for fishers and fish farmers
  • Robust fisheries management and regulatory framework

Pradhan Mantri Matsya Sampada Yojana Benefits:

  • Address the critical gaps in the fisheries sector and realize its potential.
  • Extending fish production and productivity at an average annual growth rate of about 9% to achieve a target of 22 million metric tons by 2024-25 through bearable and reliable fishing techniques
  • Enhancing availability of certified quality fish seed and feed
  • Traceability in fish and including efficacious aquatic health management
  • Designing critical infrastructure including strengthening and modernisation of the value chain

End Implementing Agencies (EIAs):

The Pradhan Mantri Matsya Sampada Yojana would be executed via the following agencies-

  1. Central Government and its entities including National Fisheries Development Board
  2. State/UT Governments and their entities
  3. State Fisheries Development Boards
  4. Any other End Implementing Agencies as decided by the Department of Fisheries

Pradhan Mantri Matsya Sampada Yojana Beneficiaries:

The intentional beneficiaries beneath the Pradhan Mantri Matsya Sampada Yojana are:

  • Fish farmers
  • Fishers
  • Fish workers and Fish vendors
  • Fisheries cooperatives
  • Fisheries Development corporations
  • Central Government and its entities
  • Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
  • Fisheries Federations
  • Entrepreneurs and private firms
  • State Fisheries Development Boards (SFDB)
  • SCs/STs/Women/Differently abled persons
  • State Governments/UTs and their entities including
  • Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in the fisheries sector

Pradhan Mantri Matsya Sampada Yojana Major Impact:

The outcomes expected on the implementation of Pradhan Mantri Matsya Sampada Yojana (PMMSY) are as follows-

  • The fish production is expected to be improved from 13.75 million metric tons (2018-19) to 22 million metric tons by 2024-25
  • Annual average growth of about 9% in fish production is expected
  • An expansion in the assistance of GVA of the fisheries sector to the Agriculture GVA from 7.28% in 2018-19 to about 9% by 2024-25
  • Double export earnings from Rs.46,589 crores to about Rs.1,00,000 crores by 2024-25
  • Improving productivity in aquaculture from the present national average of 3 tons to about 5 tons per hectare
  • Reduction of reported post-harvest losses from 20-25% to 10%
  • Increasing the incomes of fishers and fish farmers
  • Generation of about 15 lakhs direct gainful employment opportunities
  • Increase the number of indirect employment possibilities with the supply and value chain
  • Improvement of domestic fish consumption from 5 kg to about 12 kg per capita
  • The motivation of private investment and facilitation of the development of entrepreneurship in the fisheries sector

Check out the Pradhan Mantri Matsya Sampada Yojana PDF.

Here, we cover a small piece of information about the Pradhan Mantri Matsya Sampada Yojana. For the application process and to know more about the PM Sampada Yojana Scheme and other schemes you can visit the Pradhan Mantri Matsya Sampada Yojana Official Website. Stay tuned to get notified about the other Government schemes.