PMMSY Extended to FY 2025-26
In News
What Happened
Why It Matters
Background
History & Context
What Changed
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Duration: BEFORE, the scheme was mandated for five years ending March 31, 2025; NOW, it is extended up to the financial year 2025-26.
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Budgetary Integration: BEFORE, the scheme operated strictly within its initial Rs 20,050 crore five-year allocation; NOW, it continues its existing scheme design and funding pattern with fresh budgetary allocations for the extended year.
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Scheme Evolution: BEFORE, the original framework focused heavily on basic infrastructure; NOW, it continues alongside newer sub-schemes like the PM-MKSSY (Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana) to formalize the sector and provide aquaculture insurance.
Prelims Angle
NCERT Connection
Practice Questions
Q1
Correct Statement(s)Which of the following statements is/are correct regarding the Pradhan Mantri Matsya Sampada Yojana (PMMSY)? 1. It is implemented by the Ministry of Agriculture and Farmers Welfare. 2. The National Fisheries Development Board (NFDB) serves as a nodal agency for implementing its training and capacity-building programmes.