Pradhan Mantri Matsya Sampada Yojana 2020: Apply, Eligibility, Benefits

Pradhan Mantri Matsya Sampada Yojana, Matsya Sampada Yojana, PM Matsya Sampada Yojana,

In the present days, we all are badly suffering from Corona Virus condition. Different groups of people suffering from different aspects. As because of the lockdown many poor people are suffering. After looking at those the government of India recently announced a new scheme as “Pradhan Mantri Matsya Sampada Yojana”.

In this article, we will share with you all the information related to this scheme. We will provide you step by step procedure to register. In this article, we will also share with you all the important information such as benefits, eligibility criteria, documents required, objective, and application procedure and so on.

Pradhan Mantri Matsya Sampada Yojana
PM Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana

Recently, the Finance Minister Nirmala Sitharaman announced about to sanctioned a 20,000 Crore Rupees Scheme, under Pradhan Mantri Matsya Sampada Yojana.  This scheme will address the basic framework holes for the fisheries area. This great news came after the third tranche of financial changes. Out of 20, 000 Crore Rupees, 11,000 crore Rupees will be spent on the exercise of marine, fisheries, aquaculture and inland. Another 9,000 Crore Rupees will be spent on assemble foundation such as cold chain and angling harbours.

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Some Highlighted Points about Pradhan Mantri Matsya Sampada Yojana

Name of the SchemePradhan Mantri Matsya Sampada Scheme
Launched ByIndian Government
BeneficiariesThe Fishermen of India
ObjectiveTo support the fishermen and improving the fishing channels
Application Start DateUpdating Soon
Last Date of ApplicationUpdating Soon
Official Websitehttps://pib.gov.in/PressReleasePage.aspx?PRID=1625535

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Benefits of This Scheme

As we already mentioned that this scheme is launch to help the fisherman. The main target of this scheme is to increase the growth of horticulture, modernize the rural waste areas with fishery area. The main motto of this scheme is to use the wasteland of rural areas. The authorities then announced Pradhan Mantri Matsya Sampada Yojana(PMMSY) after a great discussion to build a strong and powerful fishery board and check the wastage holes in the worth chains. Through this scheme, the government of India will increase the popularity of “Blue Revolution” or “Neeli Kranti” by building a great structure of fisheries. It also incorporates MoFPI’s plans such as Food Parks, Infrastructure and Food Safety.

Implementation of This Scheme

The government announced a large amount of money for this purpose. They have a plan to spending Rs. 6000 and also required to hold speculation of about 31,000 crore Rupees. The treatment will be about 334 lakh MT agro-produce about 1 lakh 4 thousand 125 crore Rupees. Under this Matsya Sampada Scheme, approx 2 million ranchers will get the benefits and they will produce about 5lakh 30 thousand immediate work opportunities in the nation in 2019-20. The authority will set this plan for achieving about 15 million ton fish production in 2020 under the Blue Revolution and it must be raised up to 20 million tons by 2022-23.

Objectives of This Scheme

All the major objectives of Matsya Sampada Yojana will be given below:

  • To improve the current framework of the chain from the ranch entryway to retail service.
  • To expand the production of food preparing parts of the country.
  • To growth GDP and Employment Opportunity.
  • To decrease the wastage of horticultural items.
  • To improve the income of fishermen.
  • It will increase the economic potential of fisheries.
  • It will also improve the creation of fish and boost up the development of fish stock.
  • This scheme multiplying the numbers of fish and fisheries.
  • Through this scheme, the impact of modernizing will go to increase.
  • It will also improve the level of Agriculture.
  • Social, economical and physical security will increase.
  • It boosts the management of fisheries.

Beneficiaries Under Matsya Sampada Yojana

The following categories people are eligible to grab the benefits of this scheme:

  • Fish Farmers
  • Fish Vendor Owners
  • Fish Workers
  • Fishers
  • Fishery Corporation
  • FPO
  • Individual Small Entrepreneurs
  • SC/ ST/ Women and Differently able persons
  • SHGs and JLGs

Eligibility Criteria

According to the FM Nirmala Sitharaman, all the fishermen are eligible for this scheme. The main eligibility criteria of Matsya Sampada Yojana are:

  • The applicant must be a citizen of India
  • The applicant must be a fisherman

Registration Process

This scheme is totally new and recently announced. Still, the officials didn’t launch any official portal of Pradhan Mantri Matsya Sampada Yojana to register in this scheme. We will update here everything after getting the proper notification from the Official Authority.

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