PM Matsya Sampada Yojana 2024: Objective, Benefits, Features, Process of Application, Apply Online and All Information

PM Matsya Sampada Yojana: The Central Government of India has introduced several programmes to address the issue of rising unemployment. One of these programmes, the Pradhan Mantri Matsya Sampada Yojana, was launched by the Central Government as part of the Self-reliant India plan. This programme aims to grow and improve the state of the fishing industry. We will provide you with all the information you need to know about the Pradhan Mantri Matsya Sampada Yojana (PMMSY) today with the aid of this post, including its goals, advantages, features, qualifying requirements, essential paperwork, application procedure, and more.

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About Pradhan Mantri Matsya Sampada Yojana 2024

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was introduced via video conference by Honourable Narendra Modi Ji on September 10. By increasing fish production and export, this strategy will quadruple the income of fishermen, improving their standard of life and strengthening their economic position. This initiative will improve the fishing business, and it will last for five years, from 2020–2021 to 2024–2025. The Central Government has allocated a budget of Rs 20,050 crore to guarantee the program’s smooth execution.

PM Matsya Sampada Yojana

There is a list of budgets under the Pradhan Mantri Matsya Sampada Yojana that come to about Rs 20,000 crore. Nirmala Sitharaman, the minister of finance, has provided the list of budgets under this programme. Additionally, this budget will close the infrastructure gap in the fishing industry. The sum obtained under this is the third instalment of the government’s financial adjustments, it has also been disclosed. The first Rs 9000 crore of the Rs 20,000 crore budget would be utilised to establish cold chains and fishing harbours, among other things. Projects related to aquaculture and marine and inland fisheries would receive the remaining Rs 11,000 crore.

Overview of Pradhan Mantri Matsya Sampada Yojana (PMMSY)

Nmae of Scheme	Pradhan Mantri Matsya Sampada Yojana
By whom	By Prime Minister Narendra Modi
Year	2024
beneficiaries	Fishermen and fishing sector people
application procedure	Online
Objective	Name of Scheme
benefits	Improvement in fish productivity, aquaculture production and conditions of fishermen.
Social class	Central government schemes
official website	http://dof.gov.in/pmmsy

The objective of Pradhan Mantri Matsya Sampada Yojana 2024

The Pradhan Mantri Matsya Sampada Yojana (PMMSY), an initiative of the Central Government, aims to boost fishermen’s income and advance the fishing industry. The goal of this programme is to increase fish exports and production, which will open up both direct and indirect job opportunities in the fishing industry. Fishermen and fish farmers would have social, physical, and financial stability under this central government plan. Through this programme, entrepreneurship in the fishing industry will also be encouraged.

More than 29 Lakh Farmers Benefitted through the Scheme

According to the central government, this plan has so far helped 29 lakh farmers. The primary goal of the Pradhan Mantri Matsya Sampada Yojana, implemented by the Central Government, is to boost the income of fishermen and advance the fishing industry. According to Prahlad Singh Patel ji, India’s Minister of State for Food Processing Industries, there are twenty fully operating mega food parks in the nation, and an additional forty-one food parks have received approval. Consequently, 258 integrated cold chain projects are almost complete nationwide, and 349 projects have been approved.

Other Openings Related to The Fisheries Sector

• Two units have helped with the launch of “Fish on Wheels” in Patna as part of the Blue Revolution in the fisheries sector.
• The fisheries area at Sitamarhi has a fish brood bank developed.
• Furthermore, Kishanganj is home to the Aquatic Diseases Referral Laboratory.
• As part of the Blue Revolution, a single-unit fish feed mill was established in Madhepura.
• Dr Rajendra Prasad founded the Centre for Comprehensive Fish Production Technology at Central Agricultural University in Pusa, Bihar.

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Beneficiaries under Matsya Sampada Yojana

• fisherman
• fish farmer
• fish workers and fish sellers
• Fisheries Development Corporation
• Self-Help Groups in the Fisheries Sector
• Central government and units
• fisheries cooperative
• fishing association
• Entrepreneurs and Private Firms
• Fish Farmer Producer Organization
• SC ST Women Differently abled persons
• State Governments, Union Territories and their institutions
• State Animal Husbandry Development Board

Target of Pradhan Mantri Matsya Sampada Yojana

The principal goals of the PM Matsya Sampada Yojana, launched by our distinguished Prime Minister Shri Narendra Modi, are to raise fish export earnings to over Rs 1 crore by 2024 and increase fish output by an additional 70 lakh tonnes. A reduction in post-harvest losses from 20% to 25% to 10% will increase the revenue that our nation’s farmers and fishermen receive from fishing. 55 lakh new jobs in the fishing industry and related industries are the major goal of launching this programme.

Budget of Pradhan Mantri Matsya Sampada Yojana

About 21 states submitted plans for the Prime Minister Mosquito Wealth Scheme, and the government has approved every one of them. The government has established a budget of Rs 1681.32 crore after approving each of these suggestions. The primary goal of this budget is to raise national wealth and the income of our nation’s fishermen, enabling them to lead comfortable lives.

Benefits and Features of Pradhan Mantri Matsya Sampada Yojana

• The Central Government has launched the Pradhan Mantri Matsya Sampada Yojana, which will improve the fishing industry.
• Under this strategy, fishermen and other fishing sector participants will receive better rates, which will double their revenue.
• This initiative will provide about 55 lakh direct and indirect job opportunities in the fishing sector and adjacent businesses.
• The central government has set a goal to raise fish production by an extra 70 lakh tonnes under this initiative.
• With the help of this proposal, the existing chain structure from the ranch entryway to the retail outlet will be modified.
• The initiative aims to augment fish export earnings to a maximum of Rs 1,00,000 crore.
• Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), fish farmers and fishermen would receive social, physical, and financial security.
• This plan will also give administrative structure and the capability of Active Fisheries Management.
• This central government programme will assist in reducing the massive waste of horticultural supplies.
• This plan will enhance fish productivity and efficiency by developing, elevating, expanding, and making good use of land and water.
• GDP, employment, and enterprise will all increase under this plan, and agriculture’s GVA and rent-paying commitment will also improve.

Process of application under Matsya Sampada Yojana

Interested national beneficiaries must adhere to the instructions listed below to apply for PMMSY.

• You must first visit the Pradhan Mantri Matsya Sampada Yojana’s official website.

• Upon initially visiting the website, the home page will show up.
• The Apply button on this home page must be selected. After clicking, the application form will show up in front of you.
• All fields on this form, including name, gender, and birthday, must be filled out.
• After you have entered all of the information, you must attach all of your papers.
• After attaching the documents, you need to click the submit button.
• This will be the last method used to finish your application.

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Contact Information

This article contains all the information you need to know about this strategy. If you would want further information on this project, you may still get in touch with your District Fisheries Officer. For this, one might call the National Board of Fisheries’ (NFDB) hotline.

• Contact Number – 1800-425-1660

FAQ’s

Q. What is Pradhan Mantri Matsya Sampada Yojana?

Ans: The government launched the Pradhan Mantri Matsya Sampada Yojana to strengthen the nation’s fisheries department.

Q. Who has started the Pradhan Mantri Matsya Sampada Yojana?

Ans: Prime Minister Shri Narendra Modi launched the Pradhan Mantri Matsya Sampada Yojana.

Q. What does the mean of PMMSY?

Ans: The Pradhan Mantri Matsya Sampada Yojana is abbreviated as PMMSY.

Q. Describe the duration of the PM Matsya Sampada Yojana’s execution.

Ans: The PM Matsya Sampada Yojana is recommended to be executed for five years, spanning from 2020–2021 to 2024–2025.

Q. What are the main objectives of Pradhan Mantri Matsya Sampada Yojana?

Ans: The primary goal of the Pradhan Mantri Matsya Sampada Yojana is to enhance the nation’s fisheries productivity and fishermen’s welfare.

Q. Describe the elements that make up the Pradhan Mantri Matsya Sampada Yojana.

Ans: The two parts of the Pradhan Mantri Matsya Sampada Yojana are the Central Sector and the Centrally Sponsored Scheme.

@MAN