Government Launches Initiative for 6,000 New Fisheries Cooperatives
The Department of Fisheries, Government of India, is set to invigorate the fisheries sector with the establishment of 6,000 new Fisheries Cooperative Societies (FCS) by 2028-29. This initiative, facilitated through the National Fisheries Development Board (NFDB) under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), aims to provide financial support of ₹3.00 lakh per cooperative for establishment, maintenance, and training of members, ensuring a more robust support system for local fishers.
In Raigarh District, the focus on cooperative development is already underway, with 18 new fisheries cooperatives formed and each receiving a financial grant of ₹3.00 lakh during the 2024-25 fiscal year. This move is part of a broader strategy to empower local fishing communities and enhance fish production in the region.
NCDC Strengthens Fisheries Cooperatives
Additionally, the National Cooperative Development Corporation (NCDC) is working to bolster 1,000 Primary Fisheries Cooperative Societies (PFCS) as Fish Farmer Producer Organizations (FFPOs) across Coastal States and Union Territories. In Raigad district alone, NCDC has successfully enhanced 18 PFCS, supporting the ongoing transformation of local fisheries.
Mission Blue Revolution: A Multifaceted Approach
This initiative is part of the larger “Mission Blue Revolution: Integrated National Fisheries” plan launched from 2016 to 2020. The action plan aimed at increasing fish production significantly in Maharashtra, through various means:
- Inland segments saw an increase of fish production aimed from 1.66 lakh MT to 2.56 lakh MT annually by establishing 48 carp hatcheries and creating 1,650 hectares of rearing capacity for producing around 5,760 lakh fingerlings.
- The marine segment focused on the development of essential infrastructure like fishing harbors and the modernization of fishing practices.
- Brackish water initiatives included the construction of shrimp hatcheries and grow-out ponds for mud crab, contributing to sustainable practices.
With a budget provision of ₹8,853 lakh for the implementation of this action plan, Maharashtra has been allocated ₹345.00 crore from the central government. This financial boost is expected to significantly enhance fish production, exports, and the economic empowerment of fishing communities, ultimately transforming the blue economy in the state.
Encouraging Inclusivity in Fisheries
The Department of Fisheries is committed to ensuring inclusive growth for genuine fishing communities. Under PMMSY, financial assistance can cover up to 60% of the project cost for women and Scheduled Caste/Scheduled Tribe members in fisheries cooperatives.
Moreover, an additional sub-scheme offers 10% incentives for eligible beneficiaries to adopt aquaculture insurance and support microenterprises, helping enhance the efficiencies in fisheries value chains. Entrepreneur Models in Fisheries and Aquaculture further add to the financial support available to SC/ST/Women beneficiaries.
This comprehensive strategy for fisheries development was recently highlighted by Union Minister for Home and Cooperation, Shri Amit Shah, in a written reply in the Rajya Sabha, showcasing the government’s dedication to the growth and sustainability of India’s fisheries sector.
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