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 research and development facilities.
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 at concessional rates, and the development of research and development facilities.
Infrastructure development is the process of building and improving the physical infrastructure necessary to support the fisheries sector. The PMMSY provides support for infrastructure development through a number of measures, including the construction of new fishing harbors, the construction of new cold storage facilities, and the development of research and development facilities.
Research and development is the process of conducting scientific research to improve the understanding of the fisheries sector and to develop new technologies and practices. The PMMSY provides support for research and development through a number of measures, including the provision of grants to research institutions, the provision of fellowships to researchers, and the establishment of new research centers.
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.