Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana
प्रधानमंत्री मत्स्य किसान समृद्धि सह-योजना
A ₹6,000 crore Central Sector scheme that formalises the fisheries sector — giving aquaculture farmers 40 % insurance-premium subsidy (up to ₹1 lakh), performance grants of 25–35 % for fish micro/small enterprises, and digital identity-based credit access through the National Fisheries Digital Platform.
- Total investment
- ₹6,000 crore (FY 2023-24 to 2026-27)
- Scheme status
- Active
- Cabinet approval
- 8 February 2024
- Insurance subsidy
- 40 % of premium (up to ₹1 lakh)
- Performance grant (general)
- 25 % of investment
- Performance grant (SC/ST/women)
- 35 % of investment
- Apply at
- nfdp.dof.gov.in
- Helpline
- 1800-425-1660 (toll-free)
Overview
PM-MKSSY (Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana) is a Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), approved by the Union Cabinet on 8 February 2024. It runs from FY 2023-24 to FY 2026-27 with a total estimated investment of ₹6,000 crore — half (₹3,000 crore) from the Central Government with external financing from the World Bank and Agence Française de Développement (AFD), and half anticipated from beneficiaries and the private sector.
The scheme exists because most of India's fisheries sector — millions of fish farmers, fishers, vendors and small processors — operates informally. Without formal registration, these workers and enterprises cannot access crop insurance, institutional bank credit, or government-to-person benefit transfers. PM-MKSSY solves this by first creating a digital identity for every stakeholder on the National Fisheries Digital Platform (NFDP), and then using that identity to deliver insurance incentives, performance-based grants and credit facilitation.
The scheme has four functional components. Component 1 handles registration and insurance — 1A creates the digital identity (with a ₹100 incentive for self-registration) and enables credit access; 1B provides a one-time 40 % subsidy on aquaculture insurance premiums. Components 2 and 3 together offer performance grants to micro and small enterprises that invest in value-chain upgrades and safety/quality systems — 25 % of investment for general-category applicants, 35 % for SC/ST and women. Component 4 is the digital backbone itself — the NFDP portal and mobile app that ties everything together.
As of August 2026, over 35.92 lakh stakeholders have registered on NFDP, 535 institutional loans worth ₹28.04 crore have been facilitated, 3,829 fisheries cooperatives have been approved for support (₹72.75 crore), and 84 performance-grant applications have been cleared (₹20.55 crore).
Scheme highlights
40 % aquaculture insurance subsidy
One-time incentive covering 40 % of the insurance premium for aquaculture farms up to 4 hectares — up to ₹25,000 per hectare or ₹1 lakh per farmer. SC/ST and women get an additional 10 %.
Performance grants up to ₹2 crore
Micro enterprises get 25 % of investment (up to ₹35 lakh), small enterprises up to ₹75 lakh, and cooperatives/FFPOs up to ₹2 crore — for investing in value-chain upgrades, cold chain and quality systems.
Digital identity on NFDP
Every fish farmer, fisher, vendor and processor gets a work-based digital ID on the National Fisheries Digital Platform — the gateway to insurance, bank credit and government benefits.
Institutional credit facilitation
NFDP's live credit module connects registered stakeholders directly with banks — 535 loans worth ₹28 crore sanctioned as of August 2026.
Cooperative and FFPO strengthening
3,829 fisheries cooperatives approved for support worth ₹72.75 crore — bringing informal fisher groups into formal, credit-worthy organisations.
Job-creation incentive
₹15,000 per year for each woman employee and ₹10,000 per year for each male employee maintained by an enterprise receiving a performance grant — capped at 50 % of the total grant.
What you get
Insurance premium subsidy
40 % of the premium paid for aquaculture insurance, covering yield losses from natural calamities (basic plan) and disease (comprehensive plan). Up to ₹25,000/hectare or ₹1 lakh per farmer for traditional farms up to 4 hectares. SC/ST and women get 10 % extra.
Performance grant for enterprises
Micro enterprises: 25 % of investment or ₹35 lakh (whichever is lower); small enterprises: 25 % or ₹75 lakh; SC/ST/women-led enterprises: 35 % with caps of ₹35 lakh, ₹1 crore and ₹2 crore respectively. Paid in two instalments — 50 % on investment completion, 50 % after 3-month operation verification.
Institutional credit access
Digital registration on NFDP enables direct bank loan facilitation — the credit module matches the applicant's profile with eligible lending products.
₹100 self-registration incentive
Fish farmers, fishers and fish workers who complete self-registration on the NFDP portal or app receive a ₹100 incentive directly into their bank account.
Who is eligible
Both lists come from the notified operational guidelines — meeting the left column is not enough if anything in the right column applies to your family.
You qualify if
- Fish farmers (inland, marine, aquaculture) — individual or as part of a group
- Fishers, fish workers, fish vendors — engaged in any part of the fisheries value chain
- Fisheries micro enterprises (investment up to ₹1 crore) and small enterprises (investment up to ₹10 crore)
- Self-Help Groups (SHGs), Joint Liability Groups (JLGs) and Fish Farmers Producer Organisations (FFPOs)
- Fisheries cooperatives and their federations
- SC/ST, women and differently-abled applicants — eligible for enhanced subsidy rates (35 % instead of 25 % for performance grants, 10 % extra on insurance)
- Indian citizens only — Aadhaar-linked bank account mandatory
Excluded — even with land
- Large enterprises (investment above ₹10 crore) — scheme covers micro and small enterprises only
- Applicants without Aadhaar-linked bank account — DBT transfer requires Aadhaar seeding
- Enterprises not registered on the National Fisheries Digital Platform (NFDP) — registration is mandatory before any benefit application
- Performance-grant investments exceeding ₹2.5 crore — the maximum eligible project cost is capped
Where this scheme applies
A central scheme with pan-India coverage — open to eligible farmers in every State and Union Territory.
Documents you need
Have these ready before you start — the online form takes ten minutes when nothing is missing.
Aadhaar card
Mandatory for identity verification and linking the benefit transfer to the bank account.
PAN card
Required for enterprise applications (performance grant) — not needed for individual registration.
Bank account details
Aadhaar-linked bank account number and IFSC — all benefits are paid by Direct Benefit Transfer.
Business registration certificate
For micro/small enterprises applying for a performance grant — Udyam registration, FSSAI licence or equivalent.
Project report
Required for performance-grant applicants — investment details, capacity, expected employment and output.
Land/water-body documents
Ownership or lease documents for the aquaculture farm or processing unit site.
How to apply, step by step
The same six steps apply whether you register yourself online or sit down at a CSC.
- 1
Register on the NFDP portal or app
Go to nfdp.dof.gov.in or download the NFDP mobile app from the Google Play Store. Click "New User Registration", choose Individual or Organisation, verify your mobile number via OTP, and fill in your Aadhaar, address and bank details. You receive ₹100 upon approval.
- 2
Alternatively, register through a Common Service Centre (CSC)
Visit your nearest CSC (find it at locator.csccloud.in), provide your documents to the Village Level Entrepreneur (VLE), who submits the application on your behalf. Confirmation comes via SMS.
- 3
Log in and select the benefit you need
After login, go to the PM-MKSSY section. Choose the benefit type — aquaculture insurance incentive (Component 1B), credit facilitation (Component 2), or performance grant (Components 2–3).
- 4
Fill the application and upload documents
Complete the application form for your chosen benefit, upload supporting documents (project report for performance grants, insurance policy for the insurance incentive), and submit.
- 5
Track status and receive payment
Track your application from the NFDP dashboard using your registration number. Insurance incentives are released after policy verification; performance grants are paid in two instalments — 50 % after investment completion, 50 % after 3 months of verified operation.
Important dates
Cabinet approval
8 February 2024
Implementation period
FY 2023-24 to FY 2026-27
4 years
NFDP portal launch
September 2024
Registration deadline
Ongoing until March 2027
Facts last checked
27 September 2026
Against pib.gov.in, dof.gov.in and nfdp.dof.gov.in
Check your eligibility
Straight from the notified criteria. Nothing you enter leaves your phone.
0 of 5 answered
This checker applies the criteria in the official operational guidelines, but it is guidance — only the state government’s verification against the land records is final.
Downloads
Official documents only — everything below is hosted on the government's own servers.
Official links & helpline
Bookmark the portal itself — no third-party site can release, block or speed up a payment.
- National Fisheries Digital Platform (NFDP)nfdp.dof.gov.in — register, apply for benefits, track applications, access credit facilitation
- Department of Fisheries — PM-MKSSYOfficial scheme page on the Department of Fisheries website
- PM-MKSSY Dedicated PortalDedicated PM-MKSSY portal under the Department of Fisheries
- Prime Minister's Office — scheme announcementOfficial PMO page on the PM-MKSSY cabinet approval
Helpline
24×7 IVRS and help desk, run by the ministry — the call is the fastest way to check a stuck payment.
Frequently asked questions
What is PM-MKSSY?
PM-MKSSY (Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana) is a ₹6,000 crore Central Sector Sub-scheme under PMMSY, approved on 8 February 2024, running from FY 2023-24 to FY 2026-27. It formalises the fisheries sector by giving every fish farmer and fisher a digital identity, then using that identity to deliver insurance subsidies, performance grants and bank credit access.
How is PM-MKSSY different from PMMSY?
PMMSY (₹20,050 crore) is the parent umbrella scheme for the entire fisheries sector — ponds, hatcheries, cold chain, fishing vessels and infrastructure. PM-MKSSY (₹6,000 crore) is a sub-scheme focused specifically on formalisation — digital identity, insurance, credit access and performance-based grants for micro/small enterprises. A fish farmer can benefit from both.
How much insurance subsidy does a fish farmer get?
The scheme pays 40 % of the aquaculture insurance premium as a one-time incentive. For traditional aquaculture farms up to 4 hectares, the maximum is ₹25,000 per hectare or ₹1 lakh per farmer. For intensive systems (biofloc, cage, RAS) up to 1,800 m³, the cap is ₹1 lakh per farmer. SC/ST and women farmers get an additional 10 % incentive.
What is the performance grant and who gets it?
Micro enterprises (up to ₹1 crore investment) get 25 % of their investment or ₹35 lakh, whichever is lower. Small enterprises (up to ₹10 crore) get 25 % or ₹75 lakh. SC/ST and women-led enterprises get 35 % with higher caps — up to ₹1 crore for small enterprises and ₹2 crore for cooperatives/FFPOs. The grant is for investing in value-chain upgrades, cold chain, processing and quality/safety systems.
How do I register on the NFDP portal?
Go to nfdp.dof.gov.in, click "New User Registration", choose Individual or Organisation, verify your mobile via OTP, fill in Aadhaar, address and bank details, upload documents, and submit. Alternatively, visit a Common Service Centre (CSC) — find one at locator.csccloud.in. You receive ₹100 upon successful registration.
Is there a mobile app for PM-MKSSY?
Yes. The NFDP mobile app is available on the Google Play Store. You can register, apply for benefits and track your application status from the app.
What is the job-creation incentive?
Enterprises receiving a performance grant also get ₹15,000 per year for each woman employee and ₹10,000 per year for each male employee they maintain. This is capped at 50 % of the total eligible performance grant.
Can cooperatives and FFPOs apply?
Yes. Fisheries cooperatives, federations and Fish Farmers Producer Organisations (FFPOs) are eligible for performance grants — SC/ST/women-led cooperatives can receive up to ₹2 crore. As of August 2026, 3,829 cooperatives have been approved for support worth ₹72.75 crore.
Still have questions?
The FAQs above cover the common ones. For anything about your specific application, the ministry helpline 1800-425-1660 is the authoritative answer — and we are happy to point you in the right direction.