Rs 20,000 crore for fisherman through PMMSY

Rs 20,000 crore for fisherman through (PMMSY) Pradhan Mantri Matsya Sampada Yojana

  • The Government will launch the PMMSY for integrated, sustainable, inclusive development of marine and inland fisheries.
  • Rs 11,000 crore for activities in Marine, Inland fisheries and Aquaculture, and Rs. 9000 crore for Infrastructure – Fishing Harbours, Cold chain, Markets etc shall be provided.
  • Cage Culture, Seaweed farming, Ornamental Fisheries as well as New Fishing Vessels, Traceability, Laboratory Network etc. will be key activities.
  • There will be provisions of Ban Period Support to fishermen (during the period fishing is not permitted), Personal & Boat Insurance.
  • This will lead to Additional Fish Production of 70 lakh tones over 5 years, Employment to over 55 lakh persons and double the exports to Rs 1,00,000 crore.
  • The focus will be on Islands, Himalayan States, North-east and Aspirational Districts.
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