Pradhan Mantri Matsya Sampada Yojana

  • On 20th May, 2020, the governmentapproved the Pradhan Mantri Matsya Sampada Yojana(PMMSY) - a scheme to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India.
  • The PMMSY was announced recently in the third tranche of the Rs 20.97 lakh crore Atmanirbhar Bharat package by the government.
  • However, PMMSY first figured during the 2019-20 Budget, presented on July 5, 2019.

Need

  • Low Contribution: India’s contribution was 6.3 per of the global fish production in the year 2017-18.

Aims and Objectives

  • Harnessingfisheries potential in a sustainable, responsible, inclusive and equitable manner.
  • Enhancing fish production and productivity through expansion, ....
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