Matsya Sampada Scheme

FormalNews
3 min readAug 8, 2021

Matsya sampada Scheme

In our country whenever we talk about agriculture we ignore one thing necessarily. And that thing is livestock and in livestock, the fishery is ignored most. But from time to time attention has also been given to it. The prime minister launched Matsya sampada yojana the previous year which is related to this sector. For knowing more about this read this article till the end.

Table of Contents

  • Matsya sampada Scheme’s official information
  • Matsya Sampada Scheme
  • Targets of Matsya Sampada Scheme
  • Beneficiaries of matsya sampada Scheme
  • How to Apply in Matsya Sampada Scheme
  • Budget sanctioned for Matsya sampada Scheme

Matsya sampada Scheme’s official information

Scheme Name

Matsya sampada Scheme

Starting date

10 September 2020

Operated by

Central and state governments

Aims

Increasing the income of people connected to the fisheries

Beneficiaries

Fishermen and fish farmers

Matsya Sampada Scheme

There are a lot of possibilities in fish farming. For developing these opportunities Matsya sampada yojana was started. The prime minister launched this scheme last year through a video conference. This scheme will be implemented for five years from 2020 to 2025. A very big part of the total population is connected with fisheries. And increasing their income is the main target of this scheme.

Targets of Matsya Sampada Scheme

  • This scheme will make a present outline for retail outlets of fishes.
  • Through this scheme, fisheries will become more developed and with this GDP and employment will also be increased.
  • The aim of this scheme is to generate at least 55 lakhs of direct and indirect employment in the fisheries sector and increasing their income also.
  • Increasing fishing products to 70 lakh tons till the year 2024–25.
  • Taking income from the export of fisheries to 1 lakh crore till the year 2025.
  • Decreasing the after-production damage from 20%-25% to 10%.

Beneficiaries of matsya sampada Scheme

  • Fishermans
  • Fish farmers
  • Fish sellers
  • Fish development corporation
  • Self-help groups of the fishing sector
  • Sc/St/women/differently-abled persons

How to Apply in Matsya Sampada Scheme?

For Matsya sampada yojana one can apply online only. For which we had given you the official website of this early in this article. You can apply under this by any nearest customer service point from you.

Budget sanctioned for Matsya sampada Scheme

For Matsya sampada yojana government sanctioned a very big amount of 20,050 crore rupees. From which 12,340 crores are being spent on the sea and internal fishing areas and beneficiaries of water farming and the left amount of 7,710 crore rupees are being spent on the infrastructure for fisheries. States will get all the funds from the center this is not the case here let’s take a look at the share of the amount for state and central government.

States or union territories

Center’s share

State or union territories’ share

General state

50%

50%

Northeastern or Himalayan states

80%

20%

Union territories

100%

……

Matsya sampada Scheme is an effort for the development of the fishing industry development which is underdeveloped but loaded with boundless possibilities. And the objective of Matsya sampada yojana is to convert those possibilities into opportunities. The fisheries industry will be a very big industry in the future because of the way the population is growing very fast in the world, this industry will be very important to meet its food needs. Perhaps this is why this plan is an important step taken keeping the future in mind. The article ends if the information given is good, then do share and write your suggestions and complaints in the comment box.

Originally Published on Formal News.

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FormalNews

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