Pradhan Mantri Matsya Sampada Yojana 

#GS2 #Governance #Schemes 

News : The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for implementation of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) - A scheme to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India under two components namely, Central Sector Scheme (CS) and Centrally Sponsored Scheme (CSS). 

  • The Scheme will be implemented during a period of 5 years from FY 2020-21 to FY 2024-25. 
  • The PMMSY will be implemented as an umbrella scheme with two separate Components namely (a) Central Sector Scheme (CS) and (b) Centrally Sponsored Scheme (CSS).  
  • The Centrally Sponsored Scheme (CSS) Component is further segregated into Non-beneficiary oriented and Beneficiary orientated sub­components/activities under the following three broad heads: 

a) Enhancement of Production and Productivity 

b) Infrastructure and Post-Harvest Management          

c) Fisheries Management and Regulatory Framework 

Funding Pattern: PMMSY will be implemented with the following funding pattern:    

Central Sector Scheme (CS): 

a)  The entire project/unit cost will be borne by the Central government (i.e. 100% central funding). 

b)   Wherever direct beneficiary oriented i.e. individual/group activities are undertaken by the entities of central government including National Fisheries Development Board (NFDB), the central assistance will be up to 40% of the unit/project cost for General category and 60% for SC/ST/Women category.  

Centrally Sponsored Scheme (CSS): 

For the Non-beneficiary orientatedsub-components/activities under CSS component to be implemented by the States/UTs, the entire project/unit cost will be shared between Centre and State as detailed below: 

a)   North Eastern & Himalayan States: 90% Central share and 10% State share. 

b)   Other States: 60% Central share and 40% State share. 

c)   Union Territories (with legislature and without legislature): 100% Central share. 

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

a)   The North Eastern & the Himalayan States: 90% Central share and 10% State share. 

b)   Other States: 60% Central share and 40% State share. 

c)  Union Territories (with legislature and without legislature): 100% Central share (No UT Share). 

Benefits: 

  • Address the critical gaps in the fisheries sector and realize its potential. 
  • Augmenting fish production and productivity at a sustained average annual growth rate of about 9% to achieve a target of 22 million metric tons by 2024-25 through sustainable and responsible fishing practices. 
  • Improving availability of certified quality fish seed and feed, traceability in fish and including effective aquatic health management. 
  • Creation of critical infrastructure including modernisation and strengthening of value chain. 
  • Creation of direct gainful employment opportunities to about 15 lakh fishers, fish farmers, fish workers, fish vendors and other rural/urban populations in fishing and allied activities and about thrice this number as indirect employment opportunities including enhancement of their incomes. 
  • Boost to investments in fisheries sector and increase of competitiveness of fish and fisheries products. 
  • Doubling   of fishers, fish farmers and fish workers incomes by 2024 
  • Social, physical and economic security for fishers and fish workers. 
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