Updated: 28-01-2025 at 6:20 AM
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Pradhan Mantri Matsya Sampada Yojana was implemented to reduce the gaps in fish production, productivity and quality to technology, post-harvest infrastructure and marketing. The Modi Sarkar Yojana also helps enhance the welfare of fishers and fish farms.
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The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying implemented the PMMSY scheme to revolutionise the fisheries sector.
The government has an investment of Rs. 20,050 crores to develop the fisheries sector. PMSSY has been implemented in all the states and union territories for 5 years from FY 2020-21 to FY 2024-25.
It is said that this govt scheme will bring the Blue Revolution. The Blue Revolution is a government initiative taken to increase the production of fisheries and productivity from aquaculture.
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Boost fish production and productivity.
Effective utilisation of land and water resources.
Double the incomes of fishers and fish farms.
Generate employment.
Increase the fisheries sector’s contribution to Agricultural Gross Value Added (GVA) and exports.
Improve social, physical, and economic security for fishers and fish farms.
Modernise post-harvest management.
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The benefits of this government yojana are as follows:
Financial assistance for fishing infrastructure.
Financial aid for fish farmers.
Assistance for fisheries management.
Credit-linked subsidy for fish farmers.
Assistance for marketing and export.
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The Department of Fisheries has identified strategic priorities, they are
Inland Fisheries.
Infrastructure and post-harvest management.
Seaweed cultivation.
Coldwater fisheries.
Marine fisheries.
Fishermen’s welfare.
Aquatic health management.
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The people who are eligible under this govt scheme are
1. Fishers.
2. Fish Farmers.
3. Fish Workers and Fish Vendors.
4. Fisheries Development Corporations.
5. Self-Help Groups (SHGs)/Joint Liability Groups (JLGs) in the Fisheries Sector.
6. Fisheries Cooperatives.
7. Fisheries Federations.
8. Entrepreneurs and Private Firms.
9. Fish Farmers Producer Organizations/companies (FFPOs/Cs).
10. SCs/STs/Women/Differently Abled Persons.
11. State Governments/UTs and Their Entities.
12. State Fisheries Development Boards (SFDB).
13. Central Government and Its Entities.
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Bank Account Details
Business Registration Certificate
Project Report
Land Documents: Lease agreements, land ownership documents, or NOC from the landowner are required if the project requires land.
Partnership Deed or Memorandum of Association (MOA)
The list of documents required may vary according to the nature and type of the project.
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The PMMSY scheme will help grow and modernise the sector as well as help in the socio-economic welfare of fishers. The Sarkari scheme will also help the sector be stronger and successful.
To read more on PMMSY, visit https://pmmsy.dof.gov.in/. For any queries regarding PMMSY, contact 1800-425-1660.
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