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The word "pisciculture" refers to the farming of
fish. The aquaculture industry in India depends heavily on it. The improvement
of food security, the creation of jobs, and export revenue are all
significantly boosted by pisciculture
in India. Fish and seafood have become more and more in demand. The
Indian government has thus put in place a number of initiatives and programs to
assist and promote this crucial industry.
Some of the top schemes run by the government are:
1. Pradhan Mantri Matsya Sampada Yojana (PMMSY):
- Launched
in 2020, PMMSY serves as a flagship initiative of the Government of India,
focusing on the sustainable advancement of the fisheries sector.
- It
involves a substantial investment of INR 20,050 crores and aims to double
fish exports while achieving a fish production target of 22 MMT by
2024-25.
- PMMSY
places a strong emphasis on infrastructure development, modernization, and
the integration of cutting-edge technologies.
- This
scheme also incorporates measures to foster a market-oriented approach,
enhance value addition, and encourage entrepreneurship within the
fisheries sector.
2. Fisheries and Aquaculture Infrastructure Development
Fund (FIDF):
- Introduced
in 2018, FIDF plays a pivotal role in addressing the infrastructure and
modernization requirements of both inland and marine fisheries sectors.
- It
aims to increase fish production by 8-9%, with the goal of reaching 15 MMT
by 2020.
- FIDF
contributes significantly to creating employment opportunities for
fishermen and entrepreneurs involved in various fishing-related
activities.
- Loans
under this scheme span from 2018 to 2023, with a maximum repayment period
of 12 years.
- FIDF
offers concessional finance to cooperatives, entrepreneurs, individuals,
state entities, and state governments/UTs, among others.
3. Blue Revolution Scheme:
- This
initiative seeks to double fishermen's income through improved
productivity and enhanced post-harvest marketing infrastructure.
- It
is aimed at bolstering the nation's food and nutritional security and
involves active participation from fish farmers and fishers.
- The
scheme sets out to harness India's full fishery potential, encompassing
both inland and marine sectors, with the ambitious goal of tripling
production by 2020.
- The
modernization of the fisheries sector is a key component, incorporating
state-of-the-art technologies and innovative processes.
4. Fisheries Kisan Credit Card Scheme:
- An
extension of the popular Kisan Credit Card Scheme to the fishing and
animal husbandry sectors in 2018-19.
- The
primary objective is to assist fishermen in meeting their working capital
requirements.
- Existing
KCC holders can access a credit limit of up to INR 3 lakhs, inclusive of
fisheries activities, while new KCC holders are eligible for a credit
limit of INR 2 lakhs.
- Revised
guidelines related to this scheme were issued by the Reserve Bank of India
(RBI) on February 4, 2019.
These government schemes underscore India's unwavering
commitment to promoting fish farming as a vital component of agricultural and
economic growth. These initiatives not only aim to boost fish production but
also prioritize sustainable practices, infrastructure development, and capacity
building. For further information on these government schemes, you can visit
the TractorKarvan website, which provides comprehensive
details about them.
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