The scheme with the package of INR 20,050 crore is part of the INR 20 trillion stimulus package to revive the struggling economy and aims to achieve sustainable and responsible development of fisheries.
Features of Matsya Sampada Yojana
- The marine fisheries potential is estimated at 5.31 million tons as against present production of 4.17 million tons during 2018-19 (harnessing nearly 78% of the estimated potential) and its activities are spread along the country’s vast coastline with 2.02 million square km Exclusive Economic Zone (EEZ) and continental shelf area of 0.53 million sq.km.
- This is the highest ever investment in the fisheries sector. It also aims at enhancing fish production by an additional 70 lakh tonne by 2024-25.
- The PMMSY is an umbrella scheme with two separate components: Central Sector Scheme (CS) and 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:
. Enhancement of production and productivity
. Infrastructure and post-harvest management
. Fisheries management and regulatory framework
- The PMMSY would be implemented through the following agencies:
. Central Government and its entities including National Fisheries Development Board
. State/ UT Governments and their entities
. State Fisheries Development Boards
. Any other end implementing agencies as decided by Department of Fisheries
- In order to consolidate outcomes and save public resources, PMMSY envisages suitable linkages and convergence with various Central government schemes, including Sagarmla program, MGNREGS, Rashtriya Krishi Vikas Yojana and National Rural Livelihood Mission.
Objectives of the Scheme
- Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner
- Modernizing and strengthening of value chain-post harvest management and quality improvement
- Social, physical and economic security for fishers and fish farmers
- Robust fisheries management and regulatory framework