1. Home
  2. Blog
  3. UPSC

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

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.

Analyzing PMMSY

  • 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.

Blue Economy:

·       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.

Get free UPSC Updates straight to your inbox!

Discover more from AMIGOS IAS

Subscribe now to keep reading and get access to the full archive.

Continue reading