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Pradhan Mantri Matsya Sampada Yojana 2026

Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government initiative aimed at fostering a healthy, profitable, and  Read More... inclusive development of India's fisheries sector. Read less

Details

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship program launched by the Department of Fisheries to transform India's fisheries sector. It's designed to promote sustainable practices and ensure economic viability and social inclusion for everyone involved.

What Is This Scheme?

PMMSY is a comprehensive plan with a total investment of ₹ 20,050 crore, aiming for a 'Blue Revolution' through responsible development of fisheries. This scheme spans five years, from FY 2020-21 to FY 2024-25, covering all states and union territories. A new sub-scheme was announced in the Union Budget 2023-24 with an investment of Rs. 6,000 crore to specifically support fish vendors, fishermen, and small businesses in improving value chains and market access.

Key Objectives of PMMSY

The scheme focuses on harnessing the fisheries sector's potential sustainably, increasing fish production and productivity, modernizing post-harvest management, and ultimately doubling the income of fishers and farmers while generating employment. It also aims to boost the sector's contribution to the national economy and ensure the well-being of fishers and fish farmers.

Major Targets of PMMSY

PMMSY has set ambitious targets, including increasing fish production to 22 million metric tons by 2024-25, enhancing aquaculture productivity, and significantly boosting export earnings. It also aims to reduce post-harvest losses and create substantial direct and indirect employment opportunities.

Objective

Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government initiative aimed at fostering a healthy, profitable, and inclusive development of India's fisheries sector.

Benefits

  • Financial assistance for fishing infrastructure:The scheme provides financial assistance to develop fishing infrastructure like fishing harbors, fish landing centers, fish markets, fish feed plants, fish seed farms, and fish processing units.
  • Financial assistance for fish farmers:The scheme provides financial assistance to fish farmers for various activities like the construction of ponds, cages, hatcheries, and nurseries, and for the installation of aeration systems and other equipment.
  • Assistance for fisheries management:The scheme provides financial assistance for the management of fishery resources through the adoption of scientific methods, setting up of fishery management plans, and developing fishery information systems.
  • Credit-linked subsidy for fish farmers:The scheme provides a credit-linked subsidy for fish farmers to encourage them to take up fish farming as a business.
  • Assistance for marketing and export of fish products:The scheme provides assistance for the development of cold chains, fish processing units, and packaging facilities to promote the export of fish products.
  • Sources and references

    Who Can Apply for PMMSY?

    The scheme is open to a wide range of individuals and groups involved in the fisheries sector, including:

    • Fishers
    • Fish Farmers
    • Fish Workers and Fish Vendors
    • Fisheries Development Corporations
    • Self-Help Groups (SHGs) / Joint Liability Groups (JLGs) in the Fisheries Sector
    • Fisheries Cooperatives
    • Fisheries Federations
    • Entrepreneurs and Private Firms
    • Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
    • Individuals belonging to SC/ST/Women/Differently Abled categories
    • State Governments/UTs and Their Entities
    • State Fisheries Development Boards (SFDB)
    • Central Government and Its Entities

    How To Apply

    To apply for benefits under the Pradhan Mantri Matsya Sampada Yojana, beneficiaries typically need to submit their Detailed Project Reports (DPRs) or Self-Contained Proposals to the respective District Fisheries Office. Specific application procedures and formats may vary. For detailed guidance, it is advisable to consult the official PMMSY website or the relevant district fisheries department.

    Documents You Might Need

    When applying for the PMMSY scheme, you may need to provide the following documents:

    • Aadhaar Card
    • PAN Card
    • Bank Account Details
    • Business Registration Certificate
    • Project Report (DPR)
    • Land Documents (if applicable, such as lease agreements, ownership documents, or NOC from the landowner)
    • Partnership Deed or Memorandum of Association (MOA)

    Important Note: The exact list of required documents can differ based on the specific project and the type of application. Always check with the concerned authorities or the official PMMSY website for the most accurate and complete document list.

    FAQ’s

    What exactly is the Pradhan Mantri Matsya Sampada Yojana (PMMSY)?

    PMMSY is a major scheme divided into two parts: a Central Sector Scheme (CS) and a Centrally Sponsored Scheme (CSS). The CSS part further breaks down into activities that directly benefit individuals/groups and those that support the overall sector. These cover enhancing production, improving infrastructure, managing post-harvest processes, and strengthening the regulatory framework for fisheries.

    How long will the PMMSY scheme be in effect?

    The Pradhan Mantri Matsya Sampada Yojana is planned to be implemented across all states and union territories for a period of five years, specifically from FY 2020-21 to FY 2024-25.

    Who are the intended beneficiaries under PMMSY?

    PMMSY aims to support a broad range of people and organizations in the fisheries sector. This includes fishers, fish farmers, fish workers, vendors, fisheries corporations, self-help groups, cooperatives, federations, entrepreneurs, private firms, fish farmer producer organizations, and special categories like SC/ST/Women/Differently abled individuals, along with state and central government entities.

    If I lease land for my project, what is the minimum lease period required?

    For land leased for aquaculture activities, the lease agreement must be for at least 10 years from the date you submit your Detailed Project Report (DPR) or Self-Contained Proposal (SCP). For schemes related to 'Aquatic Animal Health Management,' the lease period needs to be at least 7 years from the SCP submission date. In both cases, a registered lease document is essential.

    Will the scheme provide funds to buy land for my project?

    No, the Pradhan Mantri Matsya Sampada Yojana does not provide financial assistance for the purchase of land.

    Can I apply for the same project under both PMMSY and the Fisheries and Aquaculture Infrastructure Development Fund (FIDF)?

    No, you cannot apply for the same proposal under both the PMMSY and the FIDF.

    What are the main categories of activities covered by PMMSY?

    The scheme covers three primary areas: (i) Enhancing Fish Production and Productivity, (ii) Developing Infrastructure and Improving Post-Harvest Management, and (iii) Strengthening Fisheries Management and the Regulatory Framework.

    Where should beneficiaries submit their project proposals?

    Beneficiaries interested in availing benefits under PMMSY need to submit their Detailed Project Reports (DPRs) or Self-Contained Proposals to their respective District Fisheries Office.

    What is the funding structure for the Central Sector Scheme component?

    For projects managed directly by central government entities, the Central government covers 100% of the cost. However, for activities involving direct beneficiaries under these entities, like the National Fisheries Development Board (NFDB), the central assistance is 40% of the project cost for general categories and 60% for SC/ST/Women categories.

    How is funding shared for non-beneficiary-oriented activities under the Centrally Sponsored Scheme (CSS)?

    For non-beneficiary-oriented activities under CSS, the project cost is shared between the Centre and the State/UT. For North Eastern and Himalayan states, the Centre contributes 90% and the State 10%. For other states, it's a 60% Centre and 40% State share. Union Territories (both with and without legislatures) receive 100% central funding.

    What is the funding pattern for beneficiary-oriented activities under the Centrally Sponsored Scheme (CSS)?

    For beneficiary-oriented activities under CSS, the combined financial assistance from the Centre and State/UT governments is limited to 40% of the project cost for general categories and 60% for SC/ST/Women categories. This combined assistance is then shared as follows: 90% Centre and 10% State for North Eastern & Himalayan states; 60% Centre and 40% State for other states; and 100% Centre for Union Territories.

    Which organizations are recognized as End Implementing Agencies (EIAs) for PMMSY?

    The PMMSY can be implemented through various agencies including: the Central Government and its bodies (like the National Fisheries Development Board), State/UT Governments and their entities, State Fisheries Development Boards, and any other agencies approved by the Department of Fisheries.

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