Not yet classifiedPRADH

Pradhan Mantri Matsya Sampada Yojana

A flagship scheme of the Government of India for the sustainable development of the fisheries sector with an investment of ₹20,050 crore.

GrantSubsidyRural Artisan
Benefit
Amount varies - see details
Typical lead time
Phase
Benefits

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Highlights and Media

Audio Summary Guide

Pradhan Mantri Matsya Sampada Yojana Audio Guide

Generated via NirmanKit AI Voice

0:001:42

This AI-generated podcast overview simplifies complex scheme documents. Refer below for official text.

Key Highlights

60% Subsidy for SC/ST/Women

Up to 60% subsidy for women, SC, and ST beneficiaries; 40% for general categories.

High-tech Aquaculture Support

Financial support for modern technology like Recirculatory Aquaculture Systems (RAS) and Biofloc.

Infrastructure Development

Funding for building cold chains, ice plants, and modern fish markets.

PMMSY Funding Allocation Split

Allocation share under the ₹20,050 crore national fisheries package

Inland Fisheries & Aquaculture39% allocation
Fisheries Infrastructure45% allocation
Marine Fisheries & Management16% allocation

Who is eligible

  • Applicant is an active fisherman, fish farmer, or member of a fisheries cooperative society.

Eligibility rules · v1 · effective 20 May 2020

How to apply

  1. Prepare Project Proposal

    Draft a detailed project report (DPR) detailing the planned aquaculture activity (e.g. biofloc ponds, cage culture).

    Typical duration · 15 days

  2. Submit Application

    Submit the proposal on the PMMSY portal or directly to the district fisheries office.

    Typical duration · 30 days

  3. Technical Verification and Approval

    Fisheries officers inspect the site and verify technical details before releasing the subsidy.

    Typical duration · 45 days

Sources

Additional Details

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme launched by the Ministry of Fisheries, Animal Husbandry and Dairying, Government of India, to establish a comprehensive framework for the ecological and sustainable development of the fisheries sector. Announced in the Union Budget, it aims to reduce infrastructural gaps, double fishers' income, and implement the Blue Revolution. The project finances inland aquaculture, marine fisheries, post-harvest infrastructure, and risk management systems.

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