What steps is India taking to address gaps in the fisheries value chain
How is the PMMSY initiative contributing to the development of the fisheries sector in India?
India is taking several steps to address gaps in the fisheries value chain and promote the development of the sector through the Pradhan Mantri Matsya Sampada Yojana (PMMSY) initiative. Here is a point-wise summary:
- Infrastructure Development: The PMMSY initiative aims to develop fisheries infrastructure such as fishing harbors, fish landing centers, cold chains, and fish markets to improve post-harvest management and minimize wastage.
- Enhancing Production: The initiative focuses on enhancing fish production by supporting small and medium fishers through financial assistance for inputs like mechanized boats, fishing nets, and fish cages.
- Aquaculture Development: PMMSY aims to boost the aquaculture sector by promoting the adoption of advanced farming technologies, breeding, hatcheries, and fish seed production to increase productivity.
- Marketing and Export Promotion: The initiative facilitates the establishment of fish marketing networks and aims to strengthen backward and forward linkages in the value chain. Emphasis is also placed on promoting domestic and export-oriented fish-based products.
- Fisheries Management: PMMSY supports initiatives for sustainable fisheries management by implementing measures like fisheries research, fish health management, and promoting the adoption of best practices in fishing and mariculture.
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