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- PM-MKSSY is a Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).
- PMMSY (2020) aims to bring about the Blue Revolution through sustainable and responsible development of fisheries sector in India.
- The other component of scheme is Centrally sponsored scheme.
- PMMSY (2020) aims to bring about the Blue Revolution through sustainable and responsible development of fisheries sector in India.
- PM-MKSSY aims to formalize the fisheries sector and to support fisheries micro and small enterprises.
- Key Features of PM-MKSSY
- Period- FY 2023-24 to FY 2026-27 in all States/Union Territories.
- Funding-Total outlay of Rs. 6,000 crore.
- 50% by public finance including the World Bank and the Agence Française de Développement (AFD) of France.
- 50% will be invested from the beneficiaries/private sector leverage.
- Intended Beneficiaries-
- Fishers, Fish (Aquaculture) Farmers, Fish workers, Fish Vendors,
- Limited Liability Partnerships (LLPs), Cooperatives, Federations,
- Village Level Organizations like Self Help Groups (SHGs), Fish Farmers Producer Organizations (FFPOs).
- Components (Implementation Strategy):
- Formalization of fisheries sector and facilitating access to fisheries microenterprises.
- For this purpose, a National Fisheries Digital Platform (NFDP) will be created.
- Facilitating adoption of aquaculture insurance
- Supporting microenterprises to improve fisheries sector value chain efficiencies.
- Adoption and expansion of fish and fishery product safety and quality assurance systems.
- Project management, monitoring and reporting (proposed to set up Project Management Units (PMUs))
- Formalization of fisheries sector and facilitating access to fisheries microenterprises.
Related Development
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