What is PM Matsya Kisan Samridhi Saha Yojana 2024? Objective, Beneficiary, Application Process

Prime Minister Matsya Kisan Samridhi Saha Yojana 2024 ( Benefits , Beneficiaries , Online Application , Official Website , Helpline Number , Latest News , Status , Registration PDF, Eligibility , Documents) PM Matsya Kisan Samridhi Saha Yojana

India is an agricultural country, where along with various types of agricultural work, fisheries are also given great importance. Fishing plays an important role in the economy of India and is also the main source of livelihood for millions of people. For the prosperity and development of this sector, the Government of India has taken various initiatives, one of which is “Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana”. Let us know about this scheme in detail through this article.

What is Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana?

“Pradhan Mantri Matsya Kisan Samridhi Saha Yojana” is an important initiative of the Central Government which has been launched to strengthen and formalize the fisheries sector. The scheme was announced by Prime Minister Shri Narendra Modi and has been approved by the Union Cabinet. Under the scheme, a huge investment of Rs 6000 crore will be made for the development of the fisheries sector.

The main objective of this scheme is to provide loans at cheap rates to fish farming farmers, fishermen and fish farming laborers, so that they can further expand their business. Through this scheme, the government wants to work towards quality and improvement in the fisheries sector, thereby increasing the demand for fish and fishery products in the domestic market.

The scheme will not only benefit individual farmers and fishermen, but will also contribute to the overall development of the fisheries sector, which is likely to create one lakh new jobs in the coming time. Thus, “Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana” is an important step for the fisheries sector, which will provide a new direction to the development and progress of this sector.

Complete Information about PM Matsya Kisan Samridhi Saha

PM Matsya Kisan Samridhi Saha Yojana Objectives 

The main objective of “PM Matsya Kisan Samridhi Saha Yojana” launched by the Central Government is to provide comprehensive reform and support to the fisheries sector. Under the scheme, the objectives include improving the quality of fish products in the domestic market, promoting environmental protection initiatives, quality fish production, ease of doing business and transparency, aquaculture insurance coverage to increase production and productivity, value addition and enhancing competitiveness in exports. Is. Also, through this scheme, work is also being done to promote women empowerment and create safe workplace, which ensures the development of the fishing community.

Benefits of PM Matsya Kisan Samridhi Saha Yojana 

Financial Investment: A huge investment of Rs 6000 crore will be made in the fisheries sector in the period from financial year 2023-24 to 2026-27.

Increase in fish production: This scheme will help in fish and sea food production, which will increase the production.

Job Opportunities: New job opportunities will be created for fishermen, people associated with fisheries and youth.

Change in subsidies: There will be a shift from traditional subsidies in fisheries to performance based incentives.

Digital Platform: A National Fisheries Digital Platform will be created to provide work based identity to 40 lakh small and micro enterprises.

Support to cooperatives: 6.4 lakh micro enterprises and 5,500 fisheries cooperatives will be provided access to institutional credit.

Creation of jobs: This scheme will create a total of 1.70 lakh new job opportunities, out of which 75,000 jobs will be for women.

Women Empowerment: Women empowerment will be promoted through protection of jobs and safe workplaces.

Objectives of PM Matsya Kisan Samridhi Saha Yojana 2024

Creation of Digital Identity: Creation of work-based digital identity of fishermen, fish farmers, and support workers through National Fisheries Digital Platform, thereby simplifying and facilitating their self-registration process.

Access to institutional financing: To provide access to institutional financing to micro and small enterprises engaged in fisheries, enabling them to develop and expand their business ventures.

Insurance Incentives: Providing one-time incentives to beneficiaries to purchase insurance, thereby protecting their enterprises and production from various risks.

Incentives through Performance Grants: To incentivize through performance grants to small and micro units for creation and maintenance of jobs, as well as improvement in value chain efficiency of the fisheries sector.

Enhancement of fish and fishery product safety and quality: To encourage micro and small enterprises to adopt and expand safety and quality systems of fish and fishery products, thereby increasing market demand and value addition to the products.

Target Beneficiaries of PM Matsya Kisan Samridhi Saha Yojana

A diverse range of individuals and organizations have been identified as targeted beneficiaries under the Pradhan Mantri Matsya Kisan Samridhi Saha Yojana, who contribute to various stages of the fisheries value chain:

1. Fishermen and fish farmers: Persons who are directly engaged in fish farming, production and conservation of fishery resources.

2. Fish workers: Those persons who are involved in operations like fishing, processing, packaging or distribution will also be included as beneficiaries.

3. Fish sellers : Individuals who sell fish and fishery products or play other roles in the fisheries value chain.

4. Fish Farmer Producer Organizations (FFPOs): Farmer producer organizations that are active in the fish farming sector.

5. Micro and Small Enterprises: Proprietorship form, partnership form, registered companies, societies, committee liability partnerships, and cooperative societies that are active in the fisheries and aquaculture value chain.

6. Startups: Village level organizations and startups that promote innovation and growth in the fisheries sector.

7. Other beneficiaries: Other individuals or organizations specifically targeted by the Department of Fisheries, Government of India, who contribute to various aspects of the fisheries value chain.

Eligibility for PM Matsya Kisan Samridhi Saha Yojana 2024

The following eligibility criteria have been prescribed to apply under Pradhan Mantri Matsya Kisan Samriddhi Sa-Yojana (PM MKSSY):

Indian Citizenship: The applicant must be a citizen of India.

Persons engaged in aquaculture and pisciculture: Farmers, fishermen and pisciculture practitioners are eligible for this scheme.

Micro and small entrepreneurs: Micro and small entrepreneurs in the fisheries sector will be eligible for the scheme.

Women Eligibility: Women are also eligible for this scheme, who are active in fisheries and related sectors.

Fish Farmers and Producer Organizations: Fish Farmer Producer Organizations (FFPOs) and Farmer Producer Organizations (FPOs) are eligible for this scheme.

Bank Account and Aadhaar Linkage: The applicant's bank account should be linked to their Aadhaar card, so that subsidies and other financial assistance can be transferred directly to their account.

Required Documents for PM Matsya Kisan Samridhi Saha Yojana

If you are interested to apply under Pradhan Mantri Matsya Kisan Samriddhi Sa-Yojana (PM MKSSY), the following documents will be required:

Aadhar Card: Verification of identity and address of the applicant.

Residence Certificate: Proof of residence of the applicant.

Income Certificate: Proof of the financial status of the applicant.

Bank Account Passbook: Proof of bank account details of the applicant.

Mobile Number: Contact number of the applicant for communication.

Passport size photograph: Recent photograph of the applicant.

How to apply under Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana 2024? (Application Process)

At present, the detailed process and guidelines for applying under PM MKSSY have not been made public by the Central Government. Applicants will be informed as soon as information about the implementation of the scheme and the application process is provided by the government. Therefore, interested applicants should keep an eye on the government notifications and news so that they can apply on time and get benefits under this scheme. For more information related to application, follow the relevant government websites and official information sheets.

FAQ – 

Question 1: What is Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana?

Answer: Pradhan Mantri Matsya Kisan Samriddhi Saha Yojana is a central government scheme which has been launched to strengthen the fisheries sector and provide assistance to the people associated with fisheries.

Question 2: What type of investment will be made under this scheme?

Answer: Under this scheme, an investment of Rs 6000 crore will be made in the fisheries sector in the four years from financial year 2023-24 to 2026-27.

Question 3: Who is eligible for Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana?

Answer: Fishermen, fish farmers, fish workers, fish sellers, fish farmer producer organizations, micro and small entrepreneurs, and other concerned individuals or organizations are eligible for this scheme.

Question 4: How to apply under Pradhan Mantri Matsya Kisan Samridhi Sa-Yojana?

Answer: At present, the detailed information about the application process under this scheme has not been made public by the Central Government. Interested applicants will be informed as soon as the application process and guidelines are made public.

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