To promote fish farming, the Pradhan Mantri Matsya Sampada Yojana has been launched in the financial year 2020-21. This scheme has been launched to help increase fish production and productivity. This will also increase the income of fish farmers.
There are various provisions under this scheme. These provisions include fish seed production hatchery construction, construction of new ponds for fish seed culture, construction of new ponds, pangasius fisheries, mixed fish farming, tilapia fisheries.
Under this scheme, 60% subsidy will be given to the beneficiaries coming from Scheduled Tribes, Scheduled Castes and Women. Along with this, 40% subsidy will be given to the beneficiaries coming from general category and other backward classes.
