What is the duration of Pradhan Mantri Matsya Sampada Yojana?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 5 years.
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in May 2020 and is scheduled to be implemented over a period of five years, from 2020-21 to 2024-25. It aims to bring about a Blue Revolution through sustainable and responsible development of the fisheries sector in India. With an estimated investment of ₹20,050 crore, PMMSY focuses on enhancing fish production, improving infrastructure, modernizing the fishing industry, and doubling fishers’ income. The scheme also promotes value chain development, aquaculture, and fish-based startups, contributing significantly to food security, employment generation, and export promotion in the fisheries sector.