India’s fisheries sector has shown tremendous growth in recent years and has contributed an impressive amount to the economy. Owing to the potential of this sector, the Department of Fisheries in India introduced the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2020. The scheme aims to create a robust framework for the management and welfare of the fishermen. The Matsya Sampada Yojana is now available in all states of Union territories of India. Here, you will see all the relevant information about this scheme.
The PMMSY Yojana for fishermen aims to bring development in the fisheries and related departments in a sustainable manner. The Central Government of India has provided thousands of crores for this scheme for the next five years. Under this scheme, there will be financial support for the selected in two categories.
Both of these categories will have a non-beneficiary-oriented and a beneficiary-oriented scheme. Depending on the type of the projects, the funding portion of the Central Government will be 100%, 60%, or 40% for the Union Territories, SC/ST, women, and general categories, respectively. The states or the individual beneficiaries will bear the remaining portion.
The projects under this PMMSY scheme will focus on increasing production and productivity, infrastructure, management after the harvest, and general management and network.
CATEGORY | REMARKS |
Who will benefit | Fishermen, fish farmers, workers, vendors, self help groups, cooperatives, fisheries federations, private forms, entrepreneurs, companies, individuals, women, disabled people, etc. |
Tenure | 5 years |
Individual contribution applicable to | Beneficiary oriented scheme under the Central Sponsored Scheme |
One of the major drawbacks is that the PMMSY registration is only partially online. You need to download the necessary information and format your report accordingly. There are no online forms to fill in or digital submissions, and the submission process is offline, with more than one copy of the entire set. You will see more information on this in the next section here.
While the project is applicable all over India, there are certain areas that the government emphasises more than others parts. According to them, places in North India with alkaline and salt water will have more focus and provision for help.
You will need help to be able to apply for the PM Matsya Sampada Yojana online. You must submit the PM MSY application form to the relevant authorities, and please follow these steps.
The documents required for the Pradhanmantri Matsya Yojana application will be mentioned in PDF format.
PM Matsya Sampada Yojana is an umbrella scheme with several sections. All relevant sections here collectively focus on the overall improvement of the fishers and fish farmers in its various departments.
For more government initiatives enhancing agricultural productivity, explore the Pradhan Mantri Kisan Sampada Yojana.
Note: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. Pesticides are a considerable risk of loss in crops and viewers are advised to do their own research before making any decisions.
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