The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a centrally sponsored scheme launched by the Government of India in 2019. The scheme aims to promote sustainable development of the fisheries sector in the country. It provides support for a variety of activities, including aquaculture development, modernization of fishing vessels, infrastructure development, and research and development.
Aquaculture development is the process of raising aquatic organisms, such as fish, shrimp, and prawns, in controlled environments. The PMMSY provides support for aquaculture development through a number of measures, including the construction of new aquaculture farms, the provision of subsidies for the purchase of aquaculture equipment, and the development of new aquaculture technologies.
Modernization of fishing vessels is the process of upgrading the technology and equipment used in fishing. The PMMSY provides support for modernization of fishing vessels through a number of measures, including the provision of subsidies for the purchase of new fishing vessels, the provision of loans for the modernization of existing fishing vessels, and the development of new fishing technologies.
Infrastructure development is the process of building and improving the physical infrastructure that supports economic activity. The PMMSY provides support for infrastructure development in the fisheries sector through a number of measures, including the construction of new fishing harbors, the development of new cold storage facilities, and the improvement of the transportation infrastructure that supports the movement of fish and fish products.
Research and development is the process of creating new knowledge and technologies. The PMMSY provides support for research and development in the fisheries sector through a number of measures, including the establishment of new research centers, the provision of grants for research projects, and the training of fisheries scientists.
In conclusion, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) provides support for a variety of activities, including aquaculture development, modernization of fishing vessels, infrastructure development, and research and development. These activities are aimed at promoting sustainable development of the fisheries sector in the country.