PM Modi launches Pradhan Mantri Matsya Sampada Yojana: Key points | India News

NEW DELHI: Prime Minister Narendra Modi on Thursday launched the ‘Pradhan Mantri Matsya Sampada Yojana’ – a flagship scheme for focused development of fisheries sector in the country with an estimated investment of ₹20,050 crore during a period of five years as part of the Atmanirbhar Bharat package. The PM also pitched for three new technological interventions to give a boost to the dairy sector.
Here are the highlights from PM Modi‘s address:
* The thought behind all the schemes started today is that our villages should become the strength of 21st century India.
* In this century we will put effort for a ‘Blue Revolution’ which means work related to fisheries; just like the White Revolution meant the growth of dairy and Sweet Revolution meant the growth of honey production.
* Pradhan Mantri Matsya Sampada Yojana has been made with this goal in mind. Today the scheme is being launched in 21 states of the country. Over 20 thousand crore rupees will be spent on this in the next 4-5 years. Out of this, the work of Rs 1,700 crores is starting today.
* In Patna, Purnia, Sitamarhi, Madhepura, Kishanganj and Samastipur, many facilities have been inaugurated and foundation stones have been laid. With this, fish producers will get new infrastructure and modern equipment opening new markets for them.
About PMMSY
* The investment of Rs. 20,050 crore under PMMSY is the highest ever in the fisheries sector, as per PMO. The project in Bihar envisages investment of Rs 1,390 crore with the central share of Rs 535 crore and the additional fish production target pegged at three lakh tons. During the current fiscal, the Union government has sanctioned Bihar’s proposal costing Rs 107 crore.
* The PMMSY aims at enhancing fish production by an additional 70 lakh tonne by 2024-25, increasing fisheries export earnings to Rs 1,00,000 crore by 2024-25.
* The scheme could double the incomes of fishers and fish farmers, reducing post-harvest losses from 20-25 per cent to about 10 per cent.
* The scheme also aims to generate additional 55 lakhs direct and indirect gainful employment opportunities in fisheries sector and allied activities.



[Source :Times of India]

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