Pradhan Mantri Matsya Kisan Samridhi Sah-yojana (PM-MKSSY) Component 1A is still running in 2026, and applications are open on the National Fisheries Digital Platform (NFDP). This component supports fisheries microenterprises and individuals by formalizing their operations and giving them easier access to institutional working capital through small, non-repayable grants and credit facilitation.
PM-MKSSY is a Central Sector Sub-scheme under Pradhan Mantri Matsya Sampada Yojana (PMMSY). Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India runs it. Union Cabinet approved the scheme on 8 February 2024 for a period of four years, from FY 2023-24 to FY 2026-27, with a total outlay of around ₹6,000 crore. FY 2026-27 is the final year of the scheme, and the government has kept the sector moving with the highest-ever PMMSY allocation of ₹2,500 crore in Budget 2026-27.
Pradhan Mantri Matsya Kisan Samridhi Sah-yojana (PM-MKSSY) Component 1A - Introduction
PM-MKSSY Component 1A aims to formalize your fisheries microenterprise and simplify your journey toward securing institutional finance. This scheme acts as a bridge between fishers and the formal banking system so that you have the required capital to expand your business. If you work in the fisheries or aquaculture sector, you can use this platform for guidance and financial support.
By registering on the National Fisheries Digital Platform (NFDP), you open access to small grants and expert credit intermediaries who help you find your way through the loan process. Along with registration, the scheme supports training on financial literacy, help with preparing documents for institutional credit, and reimbursement of charges. Around 5,500 existing fisheries cooperative societies also get ₹2 lakh each to prepare business plans and for mentoring support.
Key Information
| Scheme Name | Pradhan Mantri Matsya Kisan Samridhi Sah-yojana (PM-MKSSY): COMPONENT 1A |
| Level | Central |
| Scheme For | Individual |
| Beneficiary States | All |
| Category | Business & Entrepreneurship, Banking, Financial Services and Insurance |
| Benefit Type | Composite |
| DBT Scheme | No |
| Nodal Ministry | Ministry of Fisheries, Animal Husbandry and Dairying |
| Nodal Department | Department of Fisheries |
| Scheme Period | FY 2023-24 to FY 2026-27 |
| Official Website | nfdp.dof.gov.in |
Benefits
When you join this scheme, you get access to several supportive money tools made for your business:
1. Activity-based small grants: You receive financial support based on the scale and nature of your fisheries or aquaculture business. These grants work as a base to start or expand your operations.
2. Direct bank transfer: To keep the process clear and fast, the government credits the approved amount directly into your verified bank account.
3. Non-repayable support: Unlike regular loans, these grants do not have to be repaid, so you can put the money directly into your growth.
4. Expert credit intermediary services: You get professional handholding. These experts help with loan application preparation, gathering required documents, and coordinating with banks so that your credit linkage works.
5. Training: The scheme provides training to help you understand institutional financing, making it easier for you to manage formal loans later.
*Funds are released after the Project Management Unit (PMU) of the Department of Fisheries approves your application.
Eligibility
To get benefit from this scheme, you should meet the following conditions:
1. You must be an individual or a fisheries microenterprise actively involved in the fisheries or aquaculture value chain.
2. You must have a valid profile registered on the National Fisheries Digital Platform (NFDP).
3. You should have a bank account that is linked with your Aadhaar.
4. Your business should have a clear and verifiable need for institutional credit.
5. You must submit all required files through the prescribed online portal and agree to the checking process set by the Department of Fisheries.
The scheme covers individuals and fisheries micro and small enterprises like proprietary firms, partnership firms, companies, societies, LLPs, cooperatives, federations, SHGs, Fish Farmers Producer Organizations (FFPOs) and startups working in the fisheries and aquaculture value chain.
Application Process
You should complete your application fully online through the official NFDP platform. Follow these steps to apply:
STEP 1 - Visit the official NFDP website. Click on 'Register' if you are a new user or 'Login' if you already have an account.
STEP 2 - Register your business. Select your category (Individual or Organization), provide your mobile number, and verify it with the OTP sent to your phone. Set a strong password once verified.
STEP 3 - Open your profile and fill in your details, including your name, Aadhaar number, bank account information, IFSC, and the specific nature of your fisheries activity.
STEP 4 - Upload your documents in the required formats (PDF/JPEG) to make sure your profile is complete.
STEP 5 - Allow the system to check your data. The portal will automatically cross-check your information with government databases. If there is a mismatch, the portal will alert you to make corrections.
STEP 6 - Go to the 'Apply for Financial Assistance - Component 1-A' section. You must specify your activity, the estimated cost, and a note explaining why you need the credit.
STEP 7 - Your application reaches the Credit Intermediaries and the Department of Fisheries for review. If they approve it, they will approve the grant.
STEP 8 - Once approved, the Project Management Unit transfers the funds directly to your bank account.
Documents
Keep the following documents ready for your application:
1. Aadhaar Card for identity verification.
2. Bank account passbook or statement to help with the payment.
3. Depository Account Statement for incentive payment.
4. Valid registration proof from the National Fisheries Digital Platform (NFDP).
5. A detailed project proposal or activity plan outlining your credit needs.
6. A signed self-declaration form as per the official format.
7. Your income certificate, where applicable.
References
View Official PM-MKSSY Guidelines
Official PM-MKSSY Scheme Page - Department of Fisheries
National Fisheries Digital Platform (NFDP)
PMMSY gets record Rs 2,500 crore allocation in Budget 2026-27 - FNB News
National Scheme of Welfare of Fishermen - related scheme on SarkariYojana
For help, call the National Fisheries Development Board (NFDB) toll-free number 1800-425-1660, open from Monday to Friday (9:30 AM to 6:00 PM).
FAQ's
Is the financial support repayable?
No, the scheme provides small grants which are non-repayable. These are paid based on the scale and viability of your project directly to your bank account.
How will I receive the funds?
Once your application is approved, the government transfers the grant amount directly into your Aadhaar-linked bank account.
What role do Credit Intermediaries play?
They provide handholding support, including preparing loan applications, managing documents, coordinating with banks, and training you to handle institutional credit.
Why is NFDP registration required?
NFDP acts as the main hub for registration, application submission, document uploading, and tracking the status of your request. It also gives you a work-based identity in the fisheries sector.
Can I apply if I am not a registered enterprise?
The scheme serves microenterprises and individuals within the fisheries and aquaculture sector who are registered on the NFDP.
What if my application has errors?
The system will tell you during the checking phase if there are differences. You should correct these errors quickly to continue the process.
Who can apply for this support?
Any individual or microenterprise working in the fisheries or aquaculture value chain that is registered on the NFDP and has a valid, Aadhaar-linked bank account is eligible.
How do I register on the platform?
Visit the official NFDP website, provide your mobile number, verify it with an OTP, and create your login details.
What document formats are acceptable?
You must upload your documents in PDF or JPEG format within the file size limits given on the portal.
What happens after I submit my application?
Your application goes through automated system checks followed by a manual review by Credit Intermediaries and Department of Fisheries officials.
Is training provided?
Yes, the scheme includes training support to help you understand and use institutional financing services.
Is PM-MKSSY still active in 2026?
Yes. The scheme runs till FY 2026-27, and FY 2026-27 is its final year. Applications under Component 1A are still open on the NFDP portal.
What is the help number for PM-MKSSY?
You can call the National Fisheries Development Board (NFDB) toll-free number 1800-425-1660, available from Monday to Friday between 9:30 AM and 6:00 PM.