Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana is the Government of India’s umbrella scheme for sustainable and responsible development of the fisheries sector — covering inland fisheries, aquaculture and marine fisheries — approved by the Cabinet on 20 May 2020 and launched on 10 September 2020, with a total outlay of ₹20,050 crore for FY2020-21 to FY2024-25 (extended to FY2025-26).

₹20,050 crore for the five years FY2020-21 to FY2024-25, made up of ₹9,407 crore central share, ₹4,880 crore state share, and ₹5,763 crore expected beneficiary contribution. The scheme has since been extended to FY2025-26 on the existing design and funding pattern.

PMMSY has two components: the Central Sector Scheme, funded 100% by the Centre for projects of national importance, and the Centrally Sponsored Scheme, funded jointly by the Centre and States/UTs, which covers most individual and group beneficiary-oriented activities.

A capital subsidy of 40% of the project/unit cost for general-category beneficiaries, and 60% for SC/ST and women beneficiaries — on approved activities under the beneficiary-oriented components of PMMSY. It is a percentage subsidy on project cost, not a fixed annual cash payment.

Pond construction and renovation, hatcheries and nurseries, biofloc and Recirculatory Aquaculture System (RAS) units, cage culture in reservoirs and the sea, fishing vessels and gear, cold chain and ice plants, modern fish markets, fish landing centres, fish feed mills, brood banks, and other infrastructure listed in the operational guidelines.

Fishers, fish farmers, fish workers and fish vendors directly engaged in the fisheries value chain, and groups such as Fish Farmer Producer Organisations (FFPOs), cooperatives, Self-Help Groups and registered entrepreneurs/companies, provided the proposed activity is on the PMMSY-approved list and backed by a Detailed Project Report.

Activities not on the PMMSY-approved list; proposals for an activity already subsidised under another central or state scheme; proposals without a valid land/water-body title, lease or NOC; and applicants not directly engaged in the fisheries or aquaculture value chain.

For Centrally Sponsored Scheme activities, submit a Detailed Project Report to the District Fisheries Officer of your district or your State Fisheries Department. For Central Sector Scheme proposals, submit to the Department of Fisheries, Government of India, in consultation with your District Fisheries Officer. There is no direct online self-registration for individual beneficiaries — proposals are appraised and forwarded through these offices.

A Detailed Project Report, identity proof, bank account details, land or water-body ownership/lease/NOC papers, and — for group applicants — the entity’s registration certificate. A caste certificate is needed to claim the higher 60% subsidy rate for SC/ST beneficiaries.

Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) is a Central Sector sub-scheme under PMMSY, approved by the Cabinet on 8 February 2024, with an outlay of ₹6,000 crore for FY2023-24 to FY2026-27 (half public finance including World Bank/AFD support, half expected beneficiary/private investment). It focuses on formalising fisheries micro and small enterprises.

The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) is a separate fund, running since FY2018-19 with a corpus of ₹7,522.48 crore, that provides concessional loans (with up to 3% per annum interest subvention) for fisheries infrastructure such as fishing harbours, cold storage, ice plants and modern fish markets. It complements PMMSY’s grant-based capital subsidy rather than being a component of it.

Yes. The Kisan Credit Card facility has been extended to fishers and fish farmers since 2018-19, for working-capital needs, with a collateral-free loan limit raised to ₹2 lakh from January 2025 and interest subvention bringing the effective rate down to about 4% per annum for prompt repayers. This runs alongside, not instead of, the PMMSY capital subsidy.

Yes. Under its fisher welfare component, PMMSY provides group accidental insurance cover — ₹5 lakh for death or permanent total disability, ₹2.5 lakh for permanent partial disability, and hospitalisation expenses up to ₹25,000.

Yes. Women beneficiaries receive the higher 60% capital subsidy rate (same as SC/ST beneficiaries) on beneficiary-oriented activities, and PMMSY places special focus on including small and marginal fish farmers, SC/ST and women in project sanctions.

The Department of Fisheries toll-free helpline is 1800-425-1660, operating Monday to Friday, 9:30 AM to 6:00 PM. For proposal-specific queries, contact your District Fisheries Officer or State Fisheries Department directly.

The Department of Fisheries and State Fisheries Departments monitor sanctioned projects, fund releases and utilisation through the PMMSY MIS Portal (pmmsymis.dof.gov.in), which is used by implementing agencies rather than individual beneficiaries.