PMMSY- These people get the benefit of PM Matsya Sampada Yojana, and know full details
The central government of the country operates various types of schemes according to the needs of various communities of the country, which aim to uplift the lifestyle of these people, one such initiative is the Pradhan Mantri Matsya Sampada Yojana, which was launched in 2020 under the Self-reliant India initiative. This scheme aims to bring positive change in the fisheries and aquaculture sectors, let us know who can avail of the benefits of this scheme-
Who benefits from the scheme?
Farmers: Farmers who want to diversify into fish farming can get assistance under this scheme to start their businesses.
Fishermen: Traditional fishermen and people engaged in commercial fishing.
Fish workers and vendors: Individuals involved in various aspects of fish processing, trade, and sales.
Fisheries Corporations: Members of government-run fisheries corporations.
Fisheries cooperatives: Members of cooperatives involved in fisheries activities.
Private companies: Private entities engaged in the business of fish farming.
Benefits Offered
General Category: Up to 40% subsidy on the total expenditure incurred to set up the business.
Women belonging to SC/ST: Up to 60% subsidy, aimed at promoting gender equality and social equity in the sector.
How to Apply
Visit Official Website: Visit the official website of the scheme at https://pmmsy.dof.gov.in/.
Provide Information: Enter all the required information related to the scheme and upload the required documents as specified.
Prepare DPR: Prepare a detailed project report (DPR) outlining the business plan and financial projections.
Submission and Approval: Submit the application along with the DPR. Approval of the DPR is required to avail the benefits under the scheme.
The scheme aims to not only promote economic activity but also empower individuals and communities engaged in fish farming across India.
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