How Did Bhudev Singh Double His Earnings with PMMSY's Fish Farming?
Click to start listening
Synopsis
Discover how the Pradhan Mantri Matsya Sampada Yojana is changing lives! Bhudev Singh's incredible transition from traditional farming to fish farming shows the potential of modern agricultural methods.
Key Takeaways
- PMMSY has been operational for five years.
- Bhudev Singh transitioned from traditional farming to fish farming.
- He doubled his earnings with a subsidized loan.
- The initiative aims to enhance fish production by 70 lakh tonnes.
- Investment for PMMSY is estimated at Rs 20,050 crore.
New Delhi, Sep 10 (NationPress) The Pradhan Mantri Matsya Sampada Yojana (PMMSY) marked five successful years on Wednesday. This initiative, launched in 2020, aims to revolutionize the lives of farmers and rural communities by providing them with modern and alternative farming techniques.
As one of the flagship initiatives of the Modi administration, PMMSY has made significant strides in the past five years, creating numerous job opportunities in the fisheries sector.
Recently, a social media account called Modi Story highlighted the remarkable journey of Bhudev Singh, a farmer from Haridwar, Uttarakhand, whose life transformed dramatically after he transitioned from conventional farming to fish farming through this scheme.
Post-Covid, Bhudev Singh embarked on his fish farming venture by constructing a pond in his village. He initiated this business with a subsidized loan of Rs 1.76 lakh, and within a year, he experienced a significant increase in his income, marking a substantial departure from traditional farming methods.
“Today, he has successfully doubled his earnings through modern and fish farming, leading to an improved standard of living,” noted the X handle.
In a video shared by Modi Story, Bhudev recalls his inspiring conversation with Prime Minister Narendra Modi, whose encouragement bolstered his confidence and ambition.
It’s noteworthy that PMMSY was established for the sustainable and focused development of the fisheries sector in India, with an estimated investment of Rs 20,050 crore over five years. Out of this total, approximately Rs 12,340 crore was allocated for beneficiary-oriented activities in marine, inland fisheries, and aquaculture, while Rs 7,710 crore was designated for fisheries infrastructure.
The objectives of PMMSY include enhancing fish production by an additional 70 lakh tonnes, boosting fisheries export earnings to Rs 1,00,000 crore, doubling fishers' and fish farmers' incomes, reducing post-harvest losses from 20-25% to about 10%, and generating an extra 55 lakh direct and indirect employment opportunities in the fisheries sector and related activities.
Point of View
It's clear that the Pradhan Mantri Matsya Sampada Yojana has made a substantial impact on rural India, particularly in enhancing income and job opportunities in the fisheries sector. The success stories, like that of Bhudev Singh, underscore the importance of innovative farming techniques in transforming lives.
NationPress
13/09/2025
Frequently Asked Questions
What is the Pradhan Mantri Matsya Sampada Yojana?
The PMMSY is a government initiative aimed at developing the fisheries sector in India through modern farming practices and sustainable development.
How much investment is allocated for PMMSY?
The PMMSY has an estimated investment of Rs 20,050 crore for its implementation over five years.
What are the benefits of PMMSY for farmers?
Farmers benefit from increased earnings, reduced post-harvest losses, and new employment opportunities through modern fishing practices.
Who is Bhudev Singh?
Bhudev Singh is a farmer from Uttarakhand who transitioned to fish farming under PMMSY, significantly increasing his income.
How has PMMSY impacted the fisheries sector?
PMMSY aims to enhance fish production, increase exports, and create millions of employment opportunities in the fisheries sector.
