Brief Context
In News The Pradhan Mantri Matsya Sampada Yojana (PMMSY) has significantly advanced the fisheries sector by making it ecologically sustainable, economically viable, and socially inclusive five years since its launch. Background The Blue Revolution, launched in 2015, aimed to boost fish production and modernize the fisheries value chain. While it improved productivity and infrastructure, gaps remained in areas like post-harvest handling, traceability, fisher welfare, and market access.
Source Content
Syllabus :GS3/Economy
In News
- The Pradhan Mantri Matsya Sampada Yojana (PMMSY) has significantly advanced the fisheries sector by making it ecologically sustainable, economically viable, and socially inclusive five years since its launch.
Background
- The Blue Revolution, launched in 2015, aimed to boost fish production and modernize the fisheries value chain.
- While it improved productivity and infrastructure, gaps remained in areas like post-harvest handling, traceability, fisher welfare, and market access.
- To address these, the government launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2020, building on the Blue Revolution’s progress with a more comprehensive and integrated approach.
About Pradhan Mantri Matsya Sampada Yojana (PMMSY)
- It was announced in the Union Budget 2019–20 to unlock growth in the fisheries sector by addressing critical gaps in production, technology, infrastructure, value chains, traceability, and fishers’ welfare.
- It was launched in September 2020 and aimed to drive a “Blue Revolution”.
- It has addressed key gaps in production, quality, technology, and infrastructure, while continuing to inspire impactful success stories across India.
Structure and Components
Aims and objectives
- Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner.
- Enhancing fish production and productivity through expansion, intensification, diversification and productive utilization of land and water.
- Modernizing and strengthening of value chain – post-harvest management and quality improvement.
- Doubling fishers and fish farmers’ incomes and generation of employment.
- Enhancing contribution to Agriculture GVA and exports.
- Social, physical and economic security for fishers and fish farmers.
- Robust fisheries management and regulatory framework.
Milestones and Achievements
- India achieved a record fish production of 195 lakh tonnes in 2024–25, a sharp rise from 141.64 lakh tonnes in 2019–20.
- The country has emerged as the second-largest fish producer in the world, contributing nearly 8% of global fish production.
- Fisheries exports have shown robust growth, increasing from ₹46,662.85 crore in 2019–20 to ₹60,524.89 crore in 2023–24, strengthening India’s position in the global seafood market.
- PMMSY promotes women’s participation in fisheries by providing up to 60% of total project cost as financial assistance (up to ₹1.5 crore/project) under beneficiary-oriented activities and the Entrepreneur Model
Challenges
- Coastal ecosystems face rising threats from warming seas and extreme weather.
- Inadequate cold storage and transport infrastructure in remote areas.
- Overfishing & Resource Depletion are major areas of concerns.
- Limited Awareness & Access because many small-scale fishers remain outside formal schemes.
Conclusion and Way Forward
- In five years, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has delivered record fish production of 195 lakh tonnes, created 58 lakh livelihoods, empowered over 99,000 women, and built climate-smart value chains, strengthening India’s global fisheries position.
- Building on the Blue Revolution, which transformed the sector through growth, sustainability, and inclusion, PMMSY continues to drive progress.
- Looking ahead, strategic investments, community empowerment, and ecological stewardship will be vital to realizing the sector’s full potential.
Source :PIB