PM Matsya Sampada Yojana, Objectives, Beneficiaries

Context: India has experienced significant growth in fish production, with an 83% increase since 2013-14, reaching a record 175 lakh tons in 2022-23.

About PM Mastya Sampada Yojana

• PM Mastya Sampada Yojana (PMMSY) launched in 2020 is a 5-year (FY 2020-25) scheme aimed at boosting fish production and productivity. It is the flagship scheme of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying.
• Aim: To double the income of fish farmers and fishers as part of sustainable fisheries sector development, aligning with the Atmanirbhar Bharat initiative.
• Focus: Employment-generating activities like seaweed and ornamental fish farming and focuses on advanced breeding techniques for improved brood, seed, and feed, alongside species diversification.
• Beneficiaries: Fishers, farmers, workers, vendors, SHGs, JLGs, cooperatives, entrepreneurs and private firms.

Implementation

• It is an umbrella scheme with two separate components (a) Central Sector Scheme (CS) and (b) Centrally Sponsored Scheme (CSS).
• CSS subcomponents: Divided into non-beneficiary and beneficiary-oriented sub-components/activities under three primary categories:
  • Enhancement of Production and Productivity,
  • Infrastructure and Post-harvest Management, and
  • Fisheries Management and Regulatory Framework.
• Duration: 5 years (FY 2020-21 to FY 2024-25).

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Aims and Objectives of PMSSY

• Increase fish production from 13.75 million metric tons to 22 million metric tons by 2024-25.
• Improve post-harvest management and reduce losses.
• Enhance fishers’ incomes and generate employment (15 lakh direct jobs).
• Gradual Formalization of the unorganized fisheries sector: through self-registration of fishers, fish farmers and supportive workers under a National Fisheries Sector Digital Platform.
• Facilitating access to institutional financing for fisheries sector micro and small enterprises.
• Providing a one-time incentive to beneficiaries to purchase aquaculture insurance.
• incentivising fisheries and aquaculture microenterprises: through performance grants for improving fisheries sector value-chain efficiencies including the creation and maintenance of jobs.
• Incentivising micro and small enterprises through performance grants for adopting and expanding fish and fishery product safety and quality assurance systems including creating and maintaining jobs.

Matsya Seva Kendra (MSKs)

• MSKs are extension centres that provide a range of services to the fisheries sector under PMMSY.
• Services provided:
  • Provide disease testing and water/soil analysis.
  • Train fishers on seed/feed technology and sustainable practices.
  • Mobilize startups, cooperatives, self-help groups, and Fish Farmer Producer Organizations (FFPOs) to share best practices.
• Eg. MSK in Thrissur, Kerala: Equipped with a laboratory for water, soil and microbial analysis, offering request-based disease testing.

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