Learn bits
Schemes & Policies
Mahesh

11/09/22 23:19 PM IST

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

In News 
  • Pradhan Mantri Matsya Sampada Yojana (PMMSY) accomplishes  its successful second anniversary.
PMMSY 
  • PMMSY is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Aatmanirbhar Bharat Abhiyan.
  • It aims to-  Adopt ‘Cluster or Area-based Approaches’ and create fisheries clusters through backward and forward linkages.
  • Focus especially on employment generation activities such as seaweed and ornamental fish cultivation.
  • Address critical gaps in fish production and productivity, quality, technology, post-harvest infrastructure and management, modernisation and strengthening of the value chain, traceability, establishing a robust fisheries management framework and fishers’ welfare.
  • Consolidate the achievements of the blue revolution and bring new interventions such as fishing vessel insurance, support for new/up-gradation of fishing vessels/boats, integrated aqua parks, e-trading/marketing, etc.
  • In this scheme, Aquaculture promotion will be undertaken especially in the saline and alkaline areas of Northern India. 
Targets 
  • Enhance fish production by an additional 70 lakh tonne and increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.
  • Double the incomes of fishers and fish farmers.
  • Reduce post-harvest losses from 20-25% to about 10%.
  • Generate an additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities.
Source- PIB 

More Related Current Affairs View All

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps