Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) : 9 Feb, 2024

About

• Sub-scheme under the broader Pradhan Mantri Matsya Sampada Yojana.
• Aims to bolster the fisheries sector

Objectives

• Establishment of a National Fisheries Digital Platform
• Formalize the fisheries sector
• Provide support to fisheries micro and small enterprises through access to institutional credit.

Implementation

• The scheme will be implemented over a span of four years from 2023-24 to 2026-27, covering all states and union territories.

Budget Allocation and Source

• A budget of Rs. 6,000 crore has been earmarked for the scheme.
  • With 50% of the financing sourced from public funds, including contributions from the World Bank and the Agence Française de Développement (AFD). 
  • the remaining 50% is expected to be leveraged from the private sector.

Implementing Ministry

• Ministry of Fisheries, Animal Husbandry & Dairying