Pradhan Mantri Matsya Sampada Yojana

What is Pradhan Mantri Matsya Sampada Yojana?

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a government scheme launched by the Government of India in 2020 to improve the fisheries and aquaculture sector. The aim is to increase fish production, create employment, and boost exports, while also ensuring sustainable development of aquatic resources.

Updated On - 10 Oct 2025

Objectives of PMMSY

Pradhan Mantri Matsya Sampada Yojana
  1. Increase fish production to 22 million metric tonnes by 2024-25
  2. Improve income of fishermen and fish farmers
  3. Promote sustainable fishing practices
  4. Create better infrastructure like fishing harbors and cold storage
  5. Generate about 55 lakh direct and indirect jobs
  6. Promote new technology and modern methods in fish farming

Benefits of PMMSY

  1. Financial assistance for fish farmers, fishermen, and entrepreneurs
  2. Support for building fish hatcheries, ice plants, feed mills, and processing units
  3. Insurance for fishermen
  4. Training and skill development in modern aquaculture practices
  5. Focus on Blue Revolution – improving both inland and marine fisheries

Who Can Apply?

The scheme is open to:

  1. Traditional fishermen and fisherwomen
  2. Fish farmers and aquaculture workers
  3. Fishery cooperatives and self-help groups (SHGs)
  4. Entrepreneurs in the fisheries sector
  5. Startups and private investors in fish-related industries

How to Apply?

You can apply for benefits under PMMSY through:

  1. Your local District Fisheries Office
  2. The official website of your state fisheries department
  3. Online portals (if available in your state)
  4. Submission of project proposals under the scheme guidelines

Budget and Funding

  1. The total estimated investment is ₹20,050 crore over five years (2020–2025)
  2. The scheme is funded by both Central and State Governments
  3. Focus is on cluster-based development, involving both small and large stakeholders
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