https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Pradhan_Mantri_Matsya_Sampada_YojanaPradhan Mantri Matsya Sampada Yojana - Revision history2026-08-19T16:36:51ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Pradhan_Mantri_Matsya_Sampada_Yojana&diff=280912&oldid=prev->DiplomatTesterMan: minus policy template; adding scheme template2021-02-15T09:03:23Z<p>minus policy template; adding scheme template</p>
<p><b>New page</b></p><div>{{short description|Initiative by Government of India}}<br />
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The '''Pradhan Mantri Matsya Sampada Yojana (PMMSY)''' [http://pmmsy.dof.gov.in/ (http://pmmsy.dof.gov.in/]) is an initiative launched by the [[Government of India]] to establish a comprehensive framework and reduce infrastructural gaps in the fisheries sector.<ref name="ET-1">{{cite web |url=https://government.economictimes.indiatimes.com/news/policy/govt-announces-new-scheme-to-boost-fish-processing-to-allocate-rs-3737-crore-to-new-ministry/70094052 |title=Pradhan Mantri Matsya Sampada Yojana: Govt announces new scheme to boost fish processing; to allocate Rs 3,737 crore to new ministry, Government News, ET Government |format= |work= |accessdate=2020-05-16}}</ref><ref name="PIB-1">{{cite web |url=https://pib.gov.in/newsite/PrintRelease.aspx?relid=191268 |title=Scheme of Fund for Upgradation and Regeneration of Traditional Industries (SFURTI) aims to set up more Common Facility Centres for generating sustained employment opportunities |format= |work= |accessdate=2020-05-16}}</ref> The scheme was announced by the [[Finance Minister of India|Finance Minister]], [[Nirmala Sitharaman]] during her speech in the parliament of India while presenting the Union budget for 2019–20 on 5 July 2019.<ref name="ET-2">{{cite web |url=https://economictimes.indiatimes.com/news/economy/agriculture/budget-2019-govt-will-invest-widely-in-agricultural-infrastructure/articleshow/70087326.cms |title=Pradhan Mantri Matsya Sampada Yojana &#124; Budget 2019: Govt will invest widely in agricultural infrastructure |format= |work= |accessdate=2020-05-16}}</ref> The government intends to place India in the first place in Fish production and processing by implementing ''Neeli Kranti'' ({{Translation|Blue Revolution}}). This scheme is in line with governments aim to double the farmers' income by 2022–23.<ref name="Krishi">{{cite web |url=https://krishijagran.com/agriculture-world/what-is-pradhan-mantri-matsya-sampada-yojana/ |title=What is Pradhan Mantri Matsya Sampada Yojana? |format= |work= |accessdate=2020-05-16}}</ref><br />
[[File:India - Fish in the market - 0881.jpg|thumb|Pradhan Mantri Matsya Sampada Yojana aims to reduce infrastructural gap in Fisheries sector.]]<br />
The policy envisages to integrate all the fishermen with agricultural farmers and provide all the facilities available through various farmer welfare schemes to the fishermen. A new dedicated department of Fisheries was constituted in a newly carved out [[Ministry of Animal Husbandry, Dairying and Fisheries|Ministry of Fisheries, Animal Husbandry and Dairying]] to implement this and other policy initiatives of the government.<ref name="Moneycontrol.com">{{cite web |url=https://www.moneycontrol.com/news/business/economy/budget-2019-nirmala-sitharaman-announces-matsya-sampada-yojana-as-blue-revolution-gathers-pace-4145451.html |title=Budget 2019: Nirmala Sitharaman announces 'Matsya Sampada Yojana' as Blue Revolution gathers pace - Moneycontrol.com |work= |accessdate=2020-05-16}}</ref><ref name="Business Today">{{cite web |url=https://www.businesstoday.in/union-budget-2019/news/union-budget-2019-govt-carves-out-new-ministries-for-fisheries-animal-husbandry-and-dairying/story/361927.html |title=Union Budget 2019: Govt carves out new ministries for fisheries, animal husbandry, dairy |work= |accessdate=2020-05-16}}</ref><br />
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==Financial assistance==<br />
In the Union Budget for 2019–20, the Finance Minister announced {{INRConvert|804.75|c|lk=on|year=2020}} to incentivize and promote processing in the fisheries sector for the Financial year 2019–20 through the newly formed Ministry of Fisheries, Animal Husbandry and Dairying. During the Budget speech, the finance minister asserted: "fishing and fishermen communities are closely aligned with farming and are crucial to rural India." The [[Economic survey of India|Economic Survey of India]] for the year 2018–19 had stressed on allied sectors and focused mainly on enhancing rural economy by strengthening Animal husbandry and Fisheries.<ref name="FT-1">{{cite web |url=https://www.financialexpress.com/budget/budget-2019-govt-announces-new-scheme-to-boost-fish-processing-to-allocate-rs-3737-crore-to-new-ministry/1632249/ |title=Budget 2019: Govt announces new scheme to boost fish processing; to allocate Rs 3,737 crore to new ministry - The Financial Express |format= |work= |accessdate=2020-05-16}}</ref> Apart from this, the government had earlier set aside {{INRConvert|7552|c|lk=on|year=2020}} in the Fisheries and Aquaculture Infrastructure Development Fund (FIDF), which was intended to be utilized in creating both inland and overseas fishery infrastructure in the country. The government had set a target of 20 tonnes for fish production through the ''Blue Revolution'' by 2022–23.<ref name="ET-3">{{cite web |url=https://economictimes.indiatimes.com/news/economy/agriculture/ccea-okays-rs-7522-cr-fund-for-creating-infrastructure-for-fisheries-sector/articleshow/66346795.cms |title=CCEA okays Rs 7,522 cr fund for creating infrastructure for fisheries sector - The Economic Times |format= |work= |accessdate=2020-05-16}}</ref><br />
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While announcing the stimulus package in the backdrop of the economic slowdown caused by the recent [[COVID-19 pandemic in India]], the Finance Minister announced {{INRConvert|20000|c|lk=on|year=2020}} outlay to enhance the inland fisheries through Matsya Sampada Yojana. Out of this {{INRConvert|11000|c|lk=on|year=2020}} shall be utilized in promoting inland, marine fisheries, and aquacare and the remaining {{INRConvert|9000|c|lk=on|year=2020}} shall be deployed for building fishery infrastructure like harbors and cold storage chains. The government has targeted at increasing fish production to 700 thousand tonnes and help increase India's export to 1 trillion. The financial aid is also intended to provide employment opportunities to 5.5 million people in the next five years.<ref name="ET-4">{{cite web |url=https://economictimes.indiatimes.com/news/economy/policy/nirmala-sitharaman-latest-announcements-today-may15/articleshow/75755583.cms |title=Nirmala Sitharaman speech highlights: Third tranche offers support to farmers along with governance reforms - The Economic Times |format= |work= |accessdate=2020-05-16}}</ref><ref name="KRISHI-1">{{cite web |url=https://krishijagran.com/animal-husbandry/rs-20-000-crore-scheme-for-fisheries-under-pm-matsya-sampada-yojana-launched-more-insurance-schemes-inside/ |title=Rs 20,000 Crore Scheme for Fisheries under PM Matsya Sampada Yojana Launched; More Insurance Schemes Inside |format= |work= |accessdate=2020-05-16}}</ref><br />
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== References ==<br />
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{{Reflist}}<br />
{{Government Schemes in India}}<br />
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[[Category:Policies of India]]<br />
[[Category:Acts of the Parliament of India 2019]]<br />
[[Category:Fishing in India]]</div>->DiplomatTesterMan