PMMSY is ready to assist in the revival and elevation of the fisheries sector: Parshottam Rupala

The Pradhan Mantri Matsya Sampada Yojana (PMMSY), created by the Indian government last year, is benefiting all Indian fishermen. These plans directly or indirectly are designed to double exports, fish production, and the fisherman income.

Parshottam Rupala, India’s Minister of Fisheries, Animal Husbandry, and Dairying, spoke to the fisheries and aquaculture industries today at ASSOCHAM’s Virtual Conference on Fisheries and Aquaculture, with the theme “Strategic roadmap towards enabling Blue Revolution & Economic Growth.”

Rupala in his address as the chief guest stated that the Union Government is involving and implementing best practices in the restoration of the economy in this area. In India, the fishing industry has a huge domestic market to tap into.

The Minister added the Pradhan Mantri Matsya Sampada Yojana (PMMSY), which was created by the Indian government last year, is now benefiting all Indian fishermen. PMMSY’s broad umbrella include a number of sub-schemes that benefit fishermen directly or indirectly. These plans are designed to double exports, fish production, and thus the fisherman income, as proposed by India’s Prime Minister, Narendra Modi.

He went on to add that in the next few years, not only will the industry grow, but it will also provide jobs for more than 50 million people across the country. The Minister also assured the nation’s fishermen that the Indian government will provide all possible assistance in uplifting and revitalising the industry.

Chintan Thaker, Chairman, ASSOCHAM Gujarat Council, welcomed all of the distinguished guest speakers on behalf of ASSOCHAM. He pledged ASSOCHAM’s prompt assistance and support in bringing the sector back to life

Srinivas K S, IAS Chairman the Marine Products Exports Development Authority (MPEDA) stated, the nodal agency is also helping to revive the sector by taking various timely measures and it is their prime concern to provide unique solutions to the problems faced by the Marine Industry bodies, ensuring smooth and proper operation of the sector along with maintaining quality and implemented various programs to meet the required concerns regarding food safety.”

Providing further technical information regarding the PMMSY and other fisheries-related initiatives, Sagar Mehra, Joint Secretary, Department of Fisheries, Government of India, said, the scheme was started in May 2020 with an array of 100 diverse activities. With a budget of Rs. 20,050 crores, it is by far the largest investment in the fisheries sector. The strategy along with the concerted and collaborative efforts between the stakeholders and government is required to achieve ambitious targets under the scheme. These targets are Rs. 1,00,000 crore fisheries export, additional 70 lakh tons fish production, and generation of 55 lakh employment in the years to come.

Manoj M Sharma, Director, Mayank Aquaculture, Amit Salunkhe, Chief Alliance Officer, Aqua Connect, Dhaval Raval, Chairman – Agriculture & Food Processing Committee, ASSOCHAM Gujarat Council, were the speakers with Dr Venkatesh Iyer, Editor in Chief, The SME India, serving as the session’s moderator.