Why is it in the news?
- Despite challenges posed by the COVID-19 pandemic, Prime Minister Modi announced the Atmanirbhar Bharat package for the fisheries sector, allocating ₹20,050 crore for the Pradhan Mantri Matsya Sampada Yojana (PMMSY), marking the largest-ever investment in Indian fisheries.
- The government has recently announced an additional ₹6,000 crore investment in the fisheries sector, bringing the total investment to over ₹38,500 crore in the last nine years.
- PMMSY has focused on addressing critical gaps in the fisheries value chain, including fish production, productivity, quality, technology, post-harvest infrastructure, and marketing.
- Strategic priority areas for PMMSY include marine fisheries, inland fisheries, fishermen’s welfare, infrastructure, post-harvest management, cold water fisheries, ornamental fisheries, aquatic health management, and seaweed cultivation.
- PMMSY has encouraged technology adoption and entrepreneurial ventures in the fisheries sector, empowering young entrepreneurs, including women, in various regions of India.
- The program has expanded fisheries to non-traditional areas, transforming saline wastelands into productive aquaculture zones in states like Haryana and Rajasthan.
- PMMSY has facilitated the development of fish feed plants, hatcheries, research in genetic improvement, and domestication of aquatic species.
- India is now among the world’s top three countries in fish and aquaculture production and is the largest shrimp exporter globally.
- Indian fisheries production and export earnings are at all-time highs, with significant growth in shrimp production and seafood exports.
- The partnership between the government and fishermen is strengthening, contributing to the development of the Blue Economy and addressing the concerns of the fishing community.
· Aim is to bring about a blue revolution through sustainable and responsible development of the fisheries sector in India.
· To double the incomes of fishers and fish farmers, reducing post-harvest losses from 20-25% to about 10% and the generation of gainful employment opportunities in the sector.
· It broadly refers to the use of ocean resources for economic growth, improved livelihoods and jobs in a sustainable manner.
|Atmanirbhar Bharat Abhiyan:|
· Vision of Prime Minister Narendra Modi:
Ø Make India a bigger and more important part of the global economy.
Ø Pursue efficient, competitive, and resilient policies.
Ø Strive for self-sustainability and self-generation.
· Atmanirbhar Bharat does not imply self-containment or isolation.
Ø It is not a protectionist approach.
· Policy Measures:
Ø Redefining the definition of MSMEs (Micro, Small, and Medium Enterprises).
Ø Promoting private participation in various sectors.
Ø Increasing Foreign Direct Investment (FDI) in the defence sector.
· Strong support in sectors like solar manufacturing.
· Slogans Associated:
Ø “Vocal for Local”: Encouraging the promotion and use of local products.
Ø “Local for Global”: Emphasizing the global potential of Indian products.
Ø “Make for World”: Promoting Indian manufacturing for global markets.