Fishery sector is one of the important source of employment, income. It is one of the major source of revenue for many countries. Inland fishery sector’s contribution to fish production of India is around 65%. Bihar has lot of potential in fish production. Despite fishing activities in this state is done in traditional ways, Bihar rank third in the production of inland fishes after Andhra Pradesh and West Bengal. There is huge gap between the demand and supply of fishes in the state. To stimulate the production of fishes in the state, the state government at present provides subsidy for the production of fishes. This subsidy program knows Mukhya Mantri Matsya Vikash Pariyojna.
This study has use the Propensity Score Matching technique to know the impact of fishing subsidy. Primary survey was conducted in Muzzaffarpur district of Bihar. Study found out that traditional fisherfolks are not getting subsidy in large number. The result of study indicates that this subsidy program has positive impact on the production of fishes in the state. This is the first time that such impact evaluation for this subsidy program has been studies, therefore the results of this study will be useful for the policy makers.
Keywords: Inland Fisheries, Mukhymantri Matsya Vikash Pariyojna, Impact Evaluation, Propensity Score Matching