Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Matsya Sampada Yojana is a central government scheme that works to build a strong and sustainable fisheries sector across India. It supports fishers, fish farmers and entrepreneurs with money help to raise fish production, build infrastructure and improve incomes through modern farming methods.

Pradhan Mantri Matsya Sampada Yojana is being implemented by the Department of Fisheries under the Ministry of Fisheries, Animal Husbandry and Dairying. The scheme remains open in all States and Union Territories, and the Union Budget 2026-27 has set aside ₹2,500 crore for the fisheries sector under this scheme, the highest yearly allocation so far.

Pradhan Mantri Matsya Sampada Yojana - Introduction

PMMSY was announced in the Union Budget 2019-20 and approved by the Cabinet on 20 May 2020. It was formally launched on 10 September 2020 with a total investment of ₹20,050 crore for a five-year period from FY 2020-21 to FY 2024-25. The scheme has now been extended up to FY 2025-26 as per the existing design and funding pattern.

The scheme continues to show strong results. India achieved a record fish production of 195 lakh tonnes in 2024-25 and became the world's second-largest fish producer. Aquaculture productivity has risen from a national average of 3 to 4.7 tonnes per hectare as of February 2025, and over 58 lakh employment opportunities have been created as of December 2024, beating the original target of 55 lakh.

In the Union Budget 2026-27, the government allocated ₹2,500 crore for the fisheries sector under PMMSY, the highest yearly allocation so far. This compares with ₹2,465 crore in 2025-26 and ₹2,352 crore in 2024-25, showing a steady rise in budgetary support for the sector.

Key Information

Objectives

The main aims of Pradhan Mantri Matsya Sampada Yojana are given below:

• Raise fish production: Improve fish production and productivity by using land and water resources in a better way.
• Modernize the value chain: Strengthen post-harvest management and improve quality across the entire chain.
• Double incomes: Double the income of fishers and fish farmers while creating new jobs.
• Boost exports: Increase the contribution of the fisheries sector to Agricultural GVA and exports.
• Provide security: Offer social, physical and economic security to fishers and fish farmers.
• Build a strong framework: Set up a clear regulatory system for efficient fisheries management.

Key Targets

Benefits

Pradhan Mantri Matsya Sampada Yojana offers several benefits to help in the fishing business:

• Infrastructure Support: Money help is available to build fishing harbors, landing centers, modern markets and processing units.
• Farming Equipment: The scheme provides funds for pond construction, hatcheries, nurseries and advanced aeration systems.
• Scientific Management: Expert support is given to adopt scientific methods and develop fishery information systems.
• Credit-Linked Subsidies: Subsidies are available to start or expand a fish farming business with ease.
• Market and Export Boost: Financial aid is given to build cold chains and packaging facilities to reach bigger markets.

Eligibility

Eligible people can apply for Pradhan Mantri Matsya Sampada Yojana if they fall into any of the following categories:

1. Individual fishers, fish farmers, fish workers and fish vendors.
2. Fisheries Development Corporations and Cooperatives.
3. Self Help Groups (SHGs) and Joint Liability Groups (JLGs).
4. Registered entrepreneurs and private firms.
5. Fish Farmers Producer Organizations.
6. Individuals from SC/ST communities, women or differently-abled persons.
7. State and Central Government entities.

Application Process

To apply, a detailed project report (DPR) or a self-contained proposal must be prepared in line with the official scheme rules. The steps are given below.

STEP 1 - Prepare a detailed project report (DPR) or a self-contained proposal that clearly states the activity, location, cost and expected benefit.

STEP 2 - For the Centrally Sponsored component, submit the proposal to the local District Fisheries Officer. For Central Sector components, address the proposal to the Department of Fisheries, Government of India.

STEP 3 - For help with the online application process, contact the nearest District Fisheries Office or visit the official PMMSY website at pmmsy.dof.gov.in.

Documents

When preparing the application, the following documents are required:

1. Aadhaar Card and PAN Card for identification.
2. Valid Bank Account Details.
3. Business Registration Certificate and Partnership Deed (if applicable).
4. A comprehensive Project Report.
5. Land Documents, such as ownership proof or a lease agreement (at least 10 years for cultural activities or 7 years for health management).

References

For detailed operational guidelines, please visit the official website: Official PMMSY Guidelines

FAQ's

What is Pradhan Mantri Matsya Sampada Yojana?

Pradhan Mantri Matsya Sampada Yojana is an umbrella scheme with Central Sector and Centrally Sponsored components. It focuses on boosting production, infrastructure development and better regulation of fisheries.

What is the duration of this scheme?

The scheme was launched for a five-year period from FY 2020-21 to FY 2024-25 and has now been extended up to FY 2025-26.

How is the funding structured for individual activities?

For general category applicants, support is up to 40% of the project cost, while for SC/ST/Women beneficiaries, it can go up to 60%.

Can I apply for land purchase funding?

No, the scheme does not provide financial support for purchasing land.

Can I apply for this scheme if I am already under FIDF?

No, benefits cannot be availed from the same project under both FIDF and Pradhan Mantri Matsya Sampada Yojana.