The Pradhan Mantri Matsya Sampada Yojana (PMMSY) (http://pmmsy.dof.gov.in/) is an initiative launched by the Government of India to establish a comprehensive framework and reduce infrastructural gaps in the fisheries sector.[1][2] The scheme was announced by the Finance Minister, Nirmala Sitharaman during her speech in the parliament of India while presenting the Union budget for 2019–20 on 5 July 2019.[3] The government intends to place India in the first place in Fish production and processing by implementing Neeli Kranti (transl. Blue Revolution). This scheme is in line with governments aim to double the farmers' income by 2022–23.[4]
Pradhan Mantri Matsya Sampada Yojana aims to reduce infrastructural gap in Fisheries sector.
The policy envisages to integrate all the fishermen with agricultural farmers and provide all the facilities available through various farmer welfare schemes to the fishermen. A new dedicated department of Fisheries was constituted in a newly carved out Ministry of Fisheries, Animal Husbandry and Dairying to implement this and other policy initiatives of the government.[5][6]
^"Pradhan Mantri Matsya Sampada Yojana: Govt announces new scheme to boost fish processing; to allocate Rs 3,737 crore to new ministry, Government News, ET Government". Retrieved 16 May 2020.
^"Scheme of Fund for Upgradation and Regeneration of Traditional Industries (SFURTI) aims to set up more Common Facility Centres for generating sustained employment opportunities". Retrieved 16 May 2020.
^"Pradhan Mantri Matsya Sampada Yojana | Budget 2019: Govt will invest widely in agricultural infrastructure". The Economic Times. 5 July 2019. Retrieved 16 May 2020.
^"What is Pradhan Mantri Matsya Sampada Yojana?". Retrieved 16 May 2020.
^"Budget 2019: Nirmala Sitharaman announces 'Matsya Sampada Yojana' as Blue Revolution gathers pace - Moneycontrol.com". Retrieved 16 May 2020.
^"Union Budget 2019: Govt carves out new ministries for fisheries, animal husbandry, dairy". 5 July 2019. Retrieved 16 May 2020.
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