CrackitToday App

PM Matsay Sampada Yojana (PMMSY)

PM Matsya Sampada Yojana (PMMSY):

Recently, the 2nd anniversary of PMMSY has been celebrated

  • Launched in 2020
  • Aim: To bring about a blue revolution through sustainable and responsible development of the fisheries sector in India.
  • Ministry: Fisheries, Animal Husbandry and Dairying
  • Timeline: FY 2020 to 2025

Key targets:

  • Enhance fish production by an additional 70 lakh tonnes by 2024-25.
  • Increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.
  • Double incomes of fishers and fish farmers.
  • Reduce post-harvest losses from 20-25% to about 10%.
  • Generate additional 55 lakhs of direct and indirect gainful employment opportunities in the fisheries sector and allied activities.