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Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana

Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana:

The Union Cabinet approved the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a sub scheme under the Pradhan Mantri Matsya Sampada Yojana.

  • It will be implemented as a Central Sector Sub-scheme under the Central Sector Component of the PMMSY.
  • Implemented at an estimated outlay of Rs.6,000 crore consisting of 50% i.e. Rs.3,000 crore public finance including the World Bank and the AFD external financing, and rest 50% i.e. Rs.3,000 crore being the anticipated investment from the beneficiaries/private sector leverage.
  • It will be implemented for 4 years from FY 2023-24 to FY 2026-27 across all the States and UTs.
  • Beneficiaries:
    • Fishers, Fish (Aquaculture) Farmers, Fish workers, Fish Vendors or such other persons directly engaged in fisheries value chain.
    • Micro and Small enterprises in the form of Proprietary Firms, Partnership Firms and Companies registered in India, Societies, Limited Liability Partnerships (LLPs), Cooperatives, Federations, Village Level Organizations like Self Help Groups (SHGs), Fish Farmers Producer Organizations (FFPOs) and Startups engaged in fisheries and aquaculture value chains.
    • FFPOs also include Farmers Producer Organizations (FPOs).
    • Any other beneficiaries that may be included by the Department of Fisheries, Gol as targeted beneficiaries.