Schemes launched in fisheries sector by Government of India

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

• It was launched by Department of Fisheries, Union Ministry of Fisheries, Animal Husbandry and Dairying in 2020.
• Aim: To double the income of fish farmers and fishers in the country.
• The PMMSY is an umbrella scheme with two separate Components namely:
• Central Sector Scheme (CS) and
• Centrally Sponsored Scheme (CSS).
• The Centrally Sponsored Scheme (CSS) Component is further segregated into non-beneficiary oriented and beneficiary orientated subcomponents/activities under the following three broad heads:
• Enhancement of Production and Productivity
• Infrastructure and Post-harvest Management
• Fisheries Management and Regulatory Framework
• The Government financial assistance will in turn be shared between Centre and State/UTs in the following ratio:
• The North Eastern & the Himalayan States: 90% Central share and 10% State share.
• Other States: 60% Central share and 40% State share.
• Union Territories (with legislature and without legislature): 100% Central share (No UT Share).

Objectives:

• To be enhance Fish Production from 13.75 million metric tons (2018-19) to 22 million metric tons by 2024-25.
• To achieve sustained average annual growth of about 9% in fish production is.
• To increase in the contribution of GVA of fisheries sector to the Agriculture GVA from 7.28% in 2018-19 to about 9% by 2024-25.
• To Double export earnings from the present Rs.46,589 crores (2018-19) to about Rs.1,00,000 crores by 2024-25.
• To enhance productivity in aquaculture from the present national average of 3 tons to about 5 tons per hectare.
• To Reduce post-harvest losses from the reported 20-25% to about 10%.
• Doubling of incomes of fishers and fish farmers.
• To generate about 15 lakhs direct gainful employment opportunities and thrice the number as indirect employment opportunities along the supply and value chain.
• To enhance the domestic fish consumption from about 5 kg to about 12 kg per capita.
• To encourage private investment and facilitation of growth of entrepreneurship in the fisheries sector.

Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

• FIDF envisages creation of fisheries infrastructure facilities both in marine and inland fisheries sectors and augment the fish production.
• Aim: To augment the country’s fish production to the level of about 20 million tonnes by 2022-23.
• It comes under the aegis of the National Fisheries Development Board (NFDB), Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India.

Objectives:

• Creation and modernization of capture & culture fisheries infrastructure
• Creation of Marine Aquaculture Infrastructure
• Creation and modernization of Inland Fisheries Infrastructure
• Reduce post-harvest losses and improve domestic marketing facilities through infrastructure support.
• To bridge the resource gap and facilitate completion of ongoing infrastructure projects.

Kisan Credit Card (KCC) – Animal Husbandry and Fisheries:

• Objective: To meet the short-term credit requirement of rearing of animals, Birds, and fisheries etc.
• Eligibility:
• Inland Fisheries and Aquaculture

§  Fishers, Fish Farmers (individual & groups/ partners/ share croppers/ tenant farmers), Self Help Groups, Joint Liability Groups and women groups.

§  The beneficiaries must have owned or should be a lessee any of the fisheries related activities

§  Possess necessary license for fish farming and fishing related activities, and any other State specific fisheries and allied activities.

• Marine Fisheries:

§  Beneficiaries listed at above, who own or lease registered fishing vessel/boat.

§  Possess necessary fishing license/permission for fishing in estuary and sea, fish farming/marine culture activities in estuaries and open sea and any other State specific fisheries and allied activities.

§  Extended KCC facilities to Animal husbandry and fisheries farmers with benefit of interest subvention (2%) to bank and prompt repayment incentives (3%) to such of the farmers to meet their working capital needs under Kisan Credit Card scheme.