Is PM Matsya Sampada Yojana Transforming Fishery Businesses in Bihar?

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Is PM Matsya Sampada Yojana Transforming Fishery Businesses in Bihar?

Synopsis

Discover how the Pradhan Mantri Matsya Sampada Yojana is revolutionizing the fisheries industry in Bihar, empowering local farmers and start-ups to thrive. This transformative initiative not only boosts livelihoods but also strengthens communities and curbs migration. Dive into the success stories that are reshaping the future of fish farming in the region!

Key Takeaways

  • PM Matsya Sampada Yojana is enhancing the livelihoods of fish farmers.
  • Financial support ranges from Rs 90,000 to Rs 1 crore.
  • Cooperative models are successfully fostering collaboration.
  • Renewal of water bodies is boosting fish farming.
  • Success stories highlight the scheme's positive impact on communities.

Patna, July 2 (NationPress) The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is proving to be highly beneficial for countless individuals involved in the fisheries sector, as well as for new start-ups that have recently embraced fish farming as a viable profession. This initiative has significantly penetrated the state, thanks to the fishermen's cooperative model.

Across various regions, numerous societies have united for fish farming under the Fishermen's Cooperative Society, with their products now being exported from Bihar to Punjab and Bengal.

In an interview with IANS, Bhagalpur fisheries officer Krishna Kanhaiya revealed that 150 farmers have enrolled in the scheme and are reaping its rewards.

According to District Fisheries Officer Krishna Kanhaiya, approximately 635 fisheries societies in Bhagalpur are registered on the National Fisheries Digital Platform, with the Central government providing financial aid ranging from Rs 90,000 to Rs 1 crore.

In addition to Bhagalpur, many farmers from regions such as Kahalgaon, Bihpur, Narayanpur, Naugachhia, Shahkund, and Gora Dih are showing interest in fish farming, eager to seize the growth opportunities.

The revitalization of ponds and water bodies under the state's Jal Jeevan Hariyali Mission has further propelled this initiative. The renovation has led to a surge in the construction of new ponds and feed mills.

A few fish farming entrepreneurs shared their insights with IANS regarding the evolving fishing industry in the state.

Saurabh Kumar, a Bihpur block resident, left his job after completing his B.Tech and MBA to launch a fishing business with government backing. He received Rs 40 lakh under PMMSY and established his own enterprise, now providing employment to many local residents.

Fish farmer Shailendra Mahato from Raghopur Bindtoli mentioned that he received Rs 9.71 lakh in assistance to start his own venture.

Fish producer Abhishek noted that the market, previously dominated by mafias, has undergone significant changes.

Amarendra Nishad from Gonarchak Parbatta village stated that the government scheme has ushered in prosperity for the community.

Vinod Sahni expressed satisfaction that his child will not have to seek work elsewhere, emphasizing that this initiative will help reduce migration.

Launched to foster the Blue Revolution through sustainable and responsible fisheries development, PMMSY is backed by an estimated investment of Rs 20,050 crore for comprehensive growth in the fisheries sector, including the welfare of fishers.

Point of View

I believe that the PM Matsya Sampada Yojana exemplifies a forward-thinking approach to empower our fisheries sector. With proper implementation, this scheme not only promises economic growth but also ensures social welfare, benefiting countless families and reducing migration pressures in our communities.
NationPress
03/09/2025

Frequently Asked Questions

What is PM Matsya Sampada Yojana?
The PM Matsya Sampada Yojana is a government initiative aimed at promoting sustainable fishery practices and supporting fish farming entrepreneurs in India.
What financial support is provided under the scheme?
The scheme offers financial assistance ranging from Rs 90,000 to Rs 1 crore to eligible farmers and fisheries societies.
How has the scheme impacted fish farmers in Bihar?
The scheme has significantly improved the livelihoods of fish farmers, enabling them to expand their businesses and contribute to local economies.
What role do cooperative societies play in this initiative?
Cooperative societies facilitate collaboration among fish farmers, enabling them to pool resources and enhance production.
What is the Blue Revolution?
The Blue Revolution refers to the sustainable development of the fisheries sector, aimed at increasing fish production and improving the socio-economic conditions of fishers.