Aims & Objectives

• Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner.
• Enhancing of fish production and productivity through expansion, intensification, diversification and productive utilization of land and water.
• Modernizing and strengthening of value chain – post-harvest management and quality improvement.
• Doubling fishers and fish farmers’ incomes and generation of employment.
• Enhancing contribution to Agriculture GVA and exports.
• Social, physical and economic security for fishers and fish farmers.
• Robust fisheries management and regulatory framework.

Beneficiaries

• Fishers
• Fish Farmers
• Fish workers and Fish vendors
• Fisheries Development corporations
• Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in fisheries sector
• Fisheries cooperatives
• Fisheries Federations
• Entrepreneurs and Private firms
• Fish Farmers Producer Organisations/Companies (FFPOs/Cs)
• SCs/STs/Women/Differently abled persons

Scheme 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.

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a transformative step towards building a modern, inclusive and sustainable fisheries sector in India. By directly supporting fish farmers through infrastructure, finance, training, and technology, the scheme aims to enhance productivity, profitability and livelihood security. It is a key pillar of India’s Blue Economy vision, ensuring that fish farming becomes not only a means of livelihood but also a driver of rural prosperity and national growth.