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Central Govtgeneral

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

Flagship fisheries scheme with subsidy for aquaculture, boats, cold chain, hatcheries and fish marketing.

About this scheme

PMMSY was launched in May 2020 with an investment of about Rs 20,050 crore for the period 2020-21 to 2024-25, and has been continued with a sub-scheme, PM Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), for formalising the sector. It targets increased fish production, higher productivity, better post-harvest infrastructure, reduced post-harvest losses and doubling of fishers' incomes. Components cover inland and marine aquaculture, ornamental and recreational fisheries, seaweed cultivation, brood banks, hatcheries, fishing harbours, cold chain, insurance for fishers and livelihood support during the fishing ban period.

Benefits

  • 40% subsidy for general category beneficiaries
  • 60% subsidy for SC, ST and women beneficiaries
  • Support for fish ponds, cages, RAS, biofloc, hatcheries and feed mills
  • Assistance for motorised boats, insulated vehicles, ice plants and fish kiosks
  • Group accident insurance for fishers and livelihood support during the fishing ban

Who can apply

  • Fishers, fish farmers, fish workers and fish vendors
  • Fisheries Cooperative Societies, Federations and SHGs
  • FPOs, entrepreneurs, private firms and Fish Farmers Producer Organisations
  • State governments, UTs and their agencies

Documents required

  • Aadhaar card
  • Land or water body lease or ownership document
  • Bank account details
  • Detailed project report
  • Caste certificate for SC/ST beneficiaries
  • Fisher registration or ID card where applicable

How to apply

  • 1Apply through the State Fisheries Department or the PMMSY portal
  • 2Submit the project proposal with land or water body details
  • 3District Level Committee scrutiny and state approval
  • 4Execute the project and submit utilisation evidence
  • 5Subsidy released in instalments through DBT after inspection

Important dates

Application window
As per annual state action plan of the Department of Fisheries

Available in: All India

Visit the official portal