Pradhan Mantri Matsya Sampada Yojana 2026

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government initiative aimed at fostering sustainable, economically viable, Read More... and inclusive growth in India's fisheries sector. Read less

Details

India's fisheries sector is getting a major boost with the Pradhan Mantri Matsya Sampada Yojana (PMMSY). Launched by the Department of Fisheries, this ambitious scheme is designed to bring about a comprehensive and balanced development of the entire fisheries ecosystem.

The goal is to ensure that the sector grows in a way that is not only environmentally sound but also economically beneficial and socially inclusive for everyone involved.

What Is This Scheme?

The PMMSY is a flagship scheme aiming for a 'Blue Revolution' through sustainable and responsible development. It involves a significant investment of ₹20,050 crore over five years, from FY 2020-21 to FY 2024-25, to cover all aspects of the fisheries sector. A new sub-scheme was also announced in the Union Budget 2023-24 with an investment of Rs. 6,000 crore to further improve value chain efficiencies and market access for fish vendors, fishermen, and micro-enterprises.

Why This Scheme Is Important

This scheme is crucial for harnessing the full potential of India's fisheries sector. It focuses on increasing fish production and productivity, modernizing post-harvest management, and ultimately doubling the incomes of fishers and fish farmers. It also aims to significantly boost employment opportunities and enhance the sector's contribution to the national economy and exports.

Objective

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government initiative aimed at fostering sustainable, economically viable, and inclusive growth in 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

Guidelines

Eligibility Criteria

The Pradhan Mantri Matsya Sampada Yojana is open to a wide range of individuals and entities involved in the fisheries sector:

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)
SC/ST/Women/Differently Abled Persons
State Governments/UTs and Their Entities
State Fisheries Development Boards (SFDB)
Central Government and Its Entities

How To Apply

Interested beneficiaries typically need to submit their Detailed Project Reports (DPRs) or Self-Contained Proposals to the relevant District Fisheries Office. It is advisable to check the official PMMSY website or contact local fisheries authorities for the most up-to-date application procedures and specific project requirements.

Official Website: You can find more information and potential application portals at the Department of Fisheries website.

Documents Required

While the exact list can vary based on the project, common documents needed include:

Aadhaar Card
PAN Card
Bank Account Details
Business Registration Certificate
Project Report
Land Documents (ownership, lease agreement, or NOC) if land is required.
Partnership Deed or Memorandum of Association (MOA)

Note: Always confirm the precise document requirements with the concerned authorities or the official PMMSY website for your specific application.

FAQ’s

Who can apply for the Pradhan Mantri Matsya Sampada Yojana?

The scheme is designed for a broad spectrum of beneficiaries, including individual fishers and fish farmers, as well as groups like Self Help Groups (SHGs), Joint Liability Groups (JLGs), Fisheries Cooperatives, Federations, Entrepreneurs, Private Firms, and Fish Farmers Producer Organizations/Companies. It also specifically includes special provisions for SC/ST/Women/Differently Abled Persons. State and Central Government entities are also involved in implementation.

How long will the Pradhan Mantri Matsya Sampada Yojana be implemented?

The PMMSY is set to run for a period of five years, covering the financial years from 2020-21 to 2024-25, across all States and Union Territories.

What is the total investment planned for the PMMSY?

The scheme has a total investment of ₹20,050 crore allocated for the holistic development of the fisheries sector. Additionally, a new sub-scheme announced in Union Budget 2023-24 will see an investment of Rs. 6,000 crore specifically for fish vendors, fishermen, and micro-enterprises.

What if the land for a project is on lease? What is the minimum lease period required?

For land leased for aquaculture activities, the lease must be for a minimum of 10 years from the date you submit your Detailed Project Report (DPR) or Self-Contained Proposal (SCP). The registered lease document needs to be part of your submission. For projects under 'Aquatic Animal Health Management', the lease period needs to be at least 7 years, and the registered lease document must be submitted with the SCP.

Will the scheme fund the purchase of land?

No, financial assistance is not provided for the purchase of land under the PMMSY.

What are the main areas covered by the PMMSY?

The scheme is structured around three main components: enhancing fish production and productivity, developing infrastructure and post-harvest management, and strengthening fisheries management and the regulatory framework.

How are funds allocated for Central Sector Scheme components?

For components implemented directly by Central Government entities, the entire project cost is covered by the Central government (100% funding). However, for beneficiary-oriented activities undertaken by these entities, central assistance is up to 40% for the General category and 60% for SC/ST/Women beneficiaries.

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

For beneficiary-oriented activities under the CSS component, the government's financial assistance is limited to 40% of the project cost for the General category and 60% for SC/ST/Women beneficiaries. This total assistance is then shared between the Centre and the State/UT. For North Eastern & Himalayan States, it's a 90% Centre / 10% State share. For other States, it's 60% Centre / 40% State share. Union Territories receive 100% central funding.

Can the same proposal be submitted under both PMMSY and FIDF?

No, you cannot apply for the same proposal under both the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) and the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Where should beneficiaries submit their project proposals for the PMMSY?

Beneficiaries are required to submit their Detailed Project Reports (DPRs) or Self-Contained Proposals directly to their respective District Fisheries Office.

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

For non-beneficiary-oriented activities under the CSS component, the total project cost is shared between the Centre and the State/UT. For North Eastern & Himalayan States, the Centre bears 90% and the State 10%. For other States, it's a 60% Centre / 40% State share. Union Territories receive 100% central funding for these activities.