PMMSY to be revised

• While addressing Sagar Parikrama programme, Ministry stated that necessary changes to Pradhan Mantri Matsya Sampada Yojana (PMMSY) will be made to enable traditional fishermen to buy trawlers or other boats for deep-sea fishing.
• This is due to difficulties they faced in purchase of deep-sea fishing vessels as per technical specification prescribed in PMMSY scheme.

About PMMSY

• PMMSY, launched in 2020 by Ministry of Fisheries, Animal Husbandry & Dairying, aims to bring about Blue Revolution through sustainable and responsible development of fisheries sector in India.
• PMMSY is being implemented in all States and Union Territories for a period of 5 years from FY 2020-21 to FY 2024-25.
• PMMSY is implemented as an umbrella scheme with two separate components namely Central Sector Scheme (100% central funding) and Centrally Sponsored Scheme (CSS).
• PMMSY targets to increase fish production to 22 million metric tons by 2024-25, reduce post-harvest losses from 20-25% to about 10% etc.
• Other initiatives to promote fisheries sector:
  • Fisheries & Aquaculture Infrastructure Development Fund (FIDF), 2015;
  • Kisan Credit Cards for Fishermen (2018-19) etc.
  • Sagar Parikrama Program, launched under Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, aims to promote responsible fisheries and protect marine ecosystem.