ENA Sectors 2026-02-05 13:28:04 <p><span style="font-size:14px"><strong>New Delhi, Feb 5 (KNN)</strong> The government is implementing the Pradhan Mantri Matsya Sampada Yojana (PMMSY) for enhancing the overall growth of the fisheries sector and improving the well-being of fish farmers across the country, said Union Minister of Cooperation Amit Shah in Rajya Sabha.</span></p> <p><span style="font-size:14px"><strong>Inter-Ministerial Collaboration and Cooperative Approach</strong></span></p> <p><span style="font-size:14px">In written reply to a question in the Upper House, the Minister said that the Ministry of Cooperation is working with the Department of Fisheries through a Joint Working Group to expand small-scale fishermens participation in deep-sea fishing, value chains, processing and exports. </span></p> <p><span style="font-size:14px">He noted that Ministry of Cooperation is supporting this effort by strengthening fishery cooperatives and Fish Farmer Producer Organisations (FFPOs) through access to institutional finance, cooperative-led asset creation and coordinated implementation via the National Cooperative Development Corporation.</span></p> <p><span style="font-size:14px">The Department of Fisheries provides the policy framework, technical guidance and scheme support for deep-sea fishing and related fisheries activities. </span></p> <p><span style="font-size:14px">Working in close coordination, both Ministries are promoting fisher collectivisation, deployment of deep-sea vessels, development of processing and cold-chain infrastructure, and strengthening the marine fisheries value chain through cooperatives and FFPOs.</span></p> <p><span style="font-size:14px"><strong>Investment Outlay under PMMSY and FIDF</strong></span></p> <p><span style="font-size:14px">The Pradhan Mantri Matsya Sampada Yojana is being implemented with a record outlay of Rs 20,050 crore from FY 2020 21 to promote holistic fisheries development and fisher welfare. </span></p> <p><span style="font-size:14px">In addition, the Rs 7,522.48 crore Fisheries and Aquaculture Infrastructure Development Fund, operational since 2018 19, provides credit guarantees and NCDC-backed financial support for marine fisheries infrastructure through cooperatives.</span></p> <p><span style="font-size:14px"><strong>Livelihood Support and Infrastructure Development</strong></span></p> <p><span style="font-size:14px">PMMSY offers comprehensive support to strengthen fisheries livelihoods, including boats and nets, communication and tracking systems, sea-safety kits and insurance, assistance for deep-sea fishing vessels, promotion of alternative livelihoods such as seaweed and bivalve farming, skill development, and cold-chain and marketing infrastructure. </span></p> <p><span style="font-size:14px">It also supports the construction of fishing harbours and fish landing centres to ensure safe landing and berthing of vessels.</span></p> <p><span style="font-size:14px"><strong>Role of FIDF in Fisheries Infrastructure</strong></span></p> <p><span style="font-size:14px">Under FIDF, concessional financing is extended to eligible entities such as State Governments, Union Territories and State agencies for developing fisheries and aquaculture infrastructure. </span></p> <p><span style="font-size:14px">This covers fishing harbours, fish landing centres, deep-sea fishing vessels, cold-chain facilities, fish markets, mariculture units and related assets, with the objective of strengthening coastal livelihoods, boosting fish exports and promoting sustainable fisheries management.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span><br /> </p> 45035 https://knnindia.co.in/news/newsdetails/sectors/pm-matsya-sampada-yojana-driving-fisheries-growth-fisher-welfare-govt 2026-02-05 13:28:04 knnindia.co.in