Farmers Benefiting from Pradhan Mantri Matsya Sampada Yojana; Online Application Process Ongoing

Ganpat Singh Chouhan

Udaipur, February 7: In alignment with Prime Minister Narendra Modi’s vision for Viksit Bharat Sankalp 2047, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) is empowering farmers across the country. The scheme, launched by the central government, aims to provide financial assistance and modern technologies to boost fish farming as a profitable business. Under the leadership of Chief Minister Bhajanlal Sharma, RAJASTHAN is actively promoting aquaculture to strengthen the rural economy.

Eligible individuals can now apply online for financial assistance under the scheme, which is expected to transform fish farming into a lucrative occupation. Given Rajasthan’s dominance in agriculture and animal husbandry, fisheries have emerged as a promising new source of income. The state’s reservoirs, canals, ponds, and artificial water bodies are being utilized to enhance fish production. With financial aid, training, and modern technology, farmers can maximize profits at minimal costs.

What is Pradhan Mantri Matsya Sampada Yojana?

Launched in 2020 under the Atmanirbhar Bharat Abhiyan, PMMSY aims to:
Enhance fish production in India.
Increase fishermen’s and farmers’ income.
Boost exports of fish products.

In Rajasthan, the scheme is benefiting small and marginal farmers by providing financial aid for fish farming. The state government, in collaboration with the central government, is taking proactive steps to promote pond construction, bio-floc technology, and Recirculating Aquaculture Systems (RAS).

Key Benefits of the Scheme

Eligible beneficiaries include:
Fishermen, fish farmers, traders, self-help groups, cooperative societies, private firms, fish farmer producer organizations (FFPOs), SC/ST communities, and women.

Financial Assistance:
General category beneficiaries receive 40% subsidy on the unit cost.
SC/ST and women beneficiaries receive 60% subsidy via Direct Benefit Transfer (DBT).
Beneficiaries must arrange the remaining amount either personally or through bank loans.
The subsidy is disbursed in two or three installments.
Applications can be submitted online via E-Mitra or directly by applicants.

Land Ownership Requirements

Applicants must provide land ownership documents while submitting their project proposals.
If leasing land:

Infrastructure projects require a minimum lease period of 10 years.
Other projects require a lease period of at least 7 years.
No financial aid is provided for land purchase or lease acquisition.
The land must not be under legal dispute.

For details on scheme components, unit costs, and subsidy structure, visit the Fisheries Department’s official website or contact the district office.

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.