{"id":83635,"date":"2026-01-21T17:51:25","date_gmt":"2026-01-21T12:21:25","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=83635"},"modified":"2026-01-21T17:51:25","modified_gmt":"2026-01-21T12:21:25","slug":"pm-matsya-sampada-yojana","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/pm-matsya-sampada-yojana\/","title":{"rendered":"PM Matsya Sampada Yojana, Objectives, Features, Contributions"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><b>Pradhan Mantri Matsya Sampada Yojana (PMMSY)<\/b><span style=\"font-weight: 400;\"> is the flagship scheme of the Government of India launched in <\/span><b>September 2020<\/b><span style=\"font-weight: 400;\"> to bring a <\/span><b>blue revolution<\/b><span style=\"font-weight: 400;\"> in the fisheries and aquaculture sector. It aims to modernise fisheries infrastructure, enhance fish production, increase fishermen\u2019s income, and ensure sustainable utilization of aquatic resources.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The scheme is implemented by the <\/span><b>Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying<\/b><span style=\"font-weight: 400;\">, and is considered one of the most comprehensive fisheries development programs in India.<\/span><\/p>\n<p><strong>Read about: <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pradhan-mantri-garib-kalyan-rojgar-yojana-scheme\/\" target=\"_blank\">Pradhan Mantri Garib Kalyan Rojgar Yojana Scheme<\/a><\/strong><\/p>\n<h2><b>PM Matsya Sampada Yojana Objectives<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The key objectives of Pradhan Mantri Matsya Sampada Yojana (PMMSY) focus on economic growth, employment generation, sustainability, and fishers\u2019 welfare.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To <\/span><b>enhance fish production<\/b><span style=\"font-weight: 400;\"> from 137 lakh tonnes (2019-20) to <\/span><b>220 lakh tonnes by 2024\u201325<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To increase <\/span><b>fisheries sector contribution to GVA<\/b><span style=\"font-weight: 400;\"> from 1.24% to nearly 1.5%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To <\/span><b>double the income of fishers and fish farmers<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To generate <\/span><b>over 55 lakh direct and indirect employment opportunities<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To modernize fisheries value chain including <\/span><b>harvesting, processing, storage, and marketing<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To promote <\/span><b>sustainable, responsible, and inclusive fisheries development<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To strengthen <\/span><b>inland fisheries, marine fisheries, and aquaculture infrastructure<\/b><\/li>\n<\/ul>\n<h2><b>PM Matsya Sampada Yojana Features<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The features of Pradhan Mantri Matsya Sampada Yojana are shared below.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PMMSY is a centrally sponsored scheme with a total investment of \u20b920,050 crore for the period 2020-21 to 2024-25.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PM Matsya Sampada Yojana is a centrally sponsored flagship scheme launched in 2020 to bring comprehensive development in India\u2019s fisheries sector.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The scheme covers the entire fisheries value chain, including fish seed production, aquaculture, harvesting, processing, storage, transportation, and marketing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It aims to promote sustainable and responsible fisheries while ensuring long-term conservation of aquatic resources.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The scheme focuses on both marine and inland fisheries, including brackish water and freshwater aquaculture.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It supports modernisation of fisheries through the adoption of advanced technologies such as biofloc farming, cage culture, recirculatory aquaculture systems, mariculture, and seaweed cultivation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PMMSY provides financial assistance for the development of fish ponds, hatcheries, fishing vessels, cold storage units, ice plants, and processing facilities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The funding pattern under the scheme is 60:40 for general states, 90:10 for northeastern and Himalayan states, and 100% central assistance for Union Territories.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It aims to enhance fish production to around 220 lakh tonnes and improve the contribution of fisheries to the agricultural GDP.<\/span><\/li>\n<\/ul>\n<h2><b>PM Matsya Sampada Yojana Beneficiaries<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Pradhan Mantri Matsya Sampada Yojana is aimed at benefiting fishers, fish farmers, fish workers, and stakeholders associated with the fisheries sector.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fishers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fish farmers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fish workers and Fish vendors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fisheries Development corporations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Self Help Groups (SHGs)\/Joint Liability Groups (JLGs) in fisheries sector<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fisheries cooperatives<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fisheries Federations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Entrepreneurs and private firms<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fish Farmers Producer Organizations\/Companies (FFPOs\/Cs)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SCs\/STs\/Women\/Differently abled persons<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">State Governments\/UTs and their entities<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">State Fisheries Development Boards (SFDB)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Central Government and its entities<\/span><\/li>\n<\/ul>\n<p><strong>Read about: <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/pm-svanidhi-scheme\/\" target=\"_blank\">PM SVANidhi Scheme<\/a><\/strong><\/p>\n<h2><b>Contribution of Fisheries Sector in Indian Economy<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The fisheries sector supports around <\/span><b>30 million people<\/b><span style=\"font-weight: 400;\">, with a significant portion coming from marginalized and vulnerable communities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">India produced <\/span><b>175.45 lakh tonnes of fish in FY 2022-23<\/b><span style=\"font-weight: 400;\">, making it the <\/span><b>third-largest fish-producing country in the world<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The fisheries sector contributes approximately <\/span><b>1.09% to India\u2019s Gross Value Added (GVA)<\/b><span style=\"font-weight: 400;\"> and over <\/span><b>6.724% to the agricultural GVA<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To promote development and transformation in fisheries, several schemes and initiatives have been implemented:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Fisheries and Aquaculture Infrastructure Development Fund (FIDF)<\/b><span style=\"font-weight: 400;\">: Launched in 2018-19 with a total fund size of <\/span><b>\u20b97,522.48 crore<\/b><span style=\"font-weight: 400;\">, this scheme provides <\/span><b>interest subvention up to 3% per annum<\/b><span style=\"font-weight: 400;\"> for a repayment period of 12 years, including a <\/span><b>2-year moratorium<\/b><span style=\"font-weight: 400;\"> on principal repayment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Kisan Credit Card (KCC) for Fishers and Fish Farmers<\/b><span style=\"font-weight: 400;\">: Introduced from FY 2018-19, the scheme enables fishers and fish farmers to access <\/span><b>short-term credit and working capital<\/b><span style=\"font-weight: 400;\"> for aquaculture, fisheries operations, and allied activities.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>PM Matsya Sampada Yojana Challenges<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The challenges of Pradhan Mantri Matsya Sampada Yojana are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Many small and marginal fish farmers, especially in remote areas, are unaware of the scheme, its benefits, or the process for availing financial and technical support, which reduces effective participation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fishers and entrepreneurs often face challenges in obtaining institutional loans or subsidies, and the high cost of modern fishing equipment, vessels, hatcheries, and advanced aquaculture technologies prevents widespread adoption.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lack of sufficient cold storage, ice plants, refrigerated transport, and modern fish markets in many regions results in high post-harvest losses and limits income from fish sales.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unsustainable fishing practices, overexploitation of fish stocks, and poor regulation of inland and marine resources threaten long-term production and ecological balance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rising sea and water temperatures, floods, cyclones, and erratic rainfall patterns adversely affect fish breeding, aquaculture, and overall production, making the sector highly vulnerable.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Many fish farmers and fishers continue traditional methods due to a lack of training, awareness, or technical knowledge, resulting in lower productivity and income potential.<\/span><\/li>\n<\/ul>\n<h2><b>Way Forward<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strengthen awareness campaigns so all <\/span><b>30 million fishers<\/b><span style=\"font-weight: 400;\">, especially marginalised communities, benefit from schemes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improve access to <\/span><b>credit and Kisan Credit Card facilities<\/b><span style=\"font-weight: 400;\"> for fishers and fish farmers to adopt modern technologies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expand cold chains, ice plants, and refrigerated transport to reduce <\/span><b>20\u201325% post-harvest losses<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Promote sustainable fishing practices to prevent overfishing and conserve biodiversity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Implement climate-resilient aquaculture techniques to mitigate floods, cyclones, and rising sea temperatures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enhance skill development and capacity building, targeting <\/span><b>5 lakh fishers annually<\/b><span style=\"font-weight: 400;\">, including digital marketing and value addition.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Encourage women\u2019s participation, as they make up <\/span><b>70% of inland fish processing and marketing workers<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Develop fisheries clusters, integrated aquaculture parks, and export-oriented units to increase production and global competitiveness.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PM Matsya Sampada Yojana (PMMSY) is a flagship fisheries scheme launched in 2020 to boost fish production, modernise infrastructure, double fishers\u2019 income, and promote sustainable aquaculture.<\/p>\n","protected":false},"author":27,"featured_media":83569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[4870],"class_list":{"0":"post-83635","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-studies","8":"tag-pm-matsya-sampada-yojana","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/83635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=83635"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/83635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/83569"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=83635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=83635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=83635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}