Current Events Current Affairs Analysis
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is initiative aimed at transforming India’s fisheries sector.
Launched in 2020, this scheme addresses critical gaps in fish production, productivity, and welfare of fishermen.
Union Minister George Kurian announced various projects, including infrastructure development and financial assistance for fishermen under this scheme in Karaikal.
The program is set to run from 2020 to 2025, with an investment of ₹20,050 crore.
It aims to integrate inland fisheries and aquaculture into the broader economy.
The vision aligns with “Viksit Bharat @2047,” focusing on sustainable growth and development in the fisheries sector.
PMMSY has two main components
Ø The Central Sector Scheme (CS) is fully funded by the central government
Ø The Centrally Sponsored Scheme (CSS) is partially funded and implemented at the state level.
Ø Each component includes various activities aimed at enhancing production, infrastructure, and fisheries management.
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