PMMSY funding and approvals for fisheries and aquaculture development (2023-24 to 2025-26)
Union Government reports approvals and fund releases under Pradhan Mantri Matsya Sampada Yojana for fisheries and aquaculture projects across States and Union Territories in 2023-24 to 2025-26.
- The Department of Fisheries reported approvals and fund releases under Pradhan Mantri Matsya Sampada Yojana for State Government and Union Territory projects.
- Pradhan Mantri Matsya Sampada Yojana is the Union Government scheme for fisheries and aquaculture development.
- The Union Government reported aggregate approvals and central fund releases for the period 2023-24 to 2025-26.
The Department of Fisheries has reported approvals and fund releases under Pradhan Mantri Matsya Sampada Yojana (PMMSY) for fisheries and aquaculture development across States and Union Territories. The development matters for UPSC because PMMSY sits at the intersection of allied agriculture, rural livelihoods, food security, and the emerging blue economy agenda.
The official release states that, during 2023-24 to 2025-26, proposals from State Governments and Union Territories were approved under PMMSY at a total cost of Rs. 6,885.18 crore. The central share approved for these proposals was Rs. 3,159.83 crore, and central funds of Rs. 2,208.74 crore were released for implementation.
Background and earlier position
UPSC can frame Pradhan Mantri Matsya Sampada Yojana around the design and implementation of the scheme, the role of central assistance in State and Union Territory project execution, and the link between fisheries development, livelihood support, and the blue economy.
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