Pradhan Mantri Matsya Sampada Yojana to bring “Aatma Nirbhar Bharat†in fisheries and aquaculture

Abstract

Fisheries and aquaculture is a sunrise sector in India, which is the fastest growing and the most profitable among agriculture and allied sectors that made impressive strides in achieving a robust average annual growth rate of 10.88% in the last five years. The sector provides vital livelihood directly to over 2.8 crore fishers, fish farmers, fish workers and fish vendors and indirectly to several crore people along the entire value chain. Apart from providing gainful employment, the sector contributed about 1.24% to National Gross Value Added (GVA) and over 7% to the agricultural GVA during 2018-19.