Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)

The Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) is an initiative by the Indian government, aimed at transforming and formalizing the fisheries sector. Launched with an outlay of Rs. 6,000 crores, it focuses on supporting fisheries micro and small enterprises. The scheme targets a range of beneficiaries including fishers, aquaculture farmers, and related micro-enterprises. It aims to address sectoral challenges like informal operations, risk mitigation, and access to credit. A key feature is the implementation of a National Fisheries Digital Platform to streamline processes. The PM-MKSSY is significant for its potential to boost income, formalize the sector, improve value chain efficiencies, and create numerous job opportunities, particularly for women.