To bring about the blue revolution through responsible and sustainable development of the fisheries sector in India, the National Fisheries Development Board, Government of India, launched a new scheme known as PM Matsya Sampada Yojana 2025 to modernise the value chain, establish a fisheries management framework, enhance traceability while ensuring the social and economic welfare of fish farmers and fishers.
Under this scheme, the government provides financial assistance for various purposes to individuals involved in the fishing business to develop fishing infrastructure like fishing harbours, fish landing centres, fish markets, fish feed plants, fish seed forms, and fish processing units to encourage them to take up fish farming as a successful business.
Under this scheme, the government targets fish farmers, fishers, fish workers, and fish vendors (Self-Help Groups, SHGs, and joint liability groups, JLBs) in the fisheries sector. Fisheries Development Corporation, fish farmers, producer organisation companies (FFPO/Cs), entrepreneurs, and private firms also give special attention to SCs, STs, disabled persons, and women are given priority.
What is Pradhan Mantri Matsya Sampada Yojana 2025?
The “Pradhan Mantri Matsya Sampada Yojana” is an umbrella scheme designed by the government of India with two separate components, namely the Central sector scheme and the Central sponsored scheme, further classified into two non-beneficiary-oriented and beneficiary-oriented sub-component activities. Under this scheme, the government focuses on all-around development of the fisheries sector through a diverse range of interventions along the fisheries value chain, right from production to consumption.
According to the reports, the fisheries sectors in India have shown impressive growth with an average annual growth rate of 10.88% during the Year from 2014 to 15 to 2018 19 the fish production in India has registered as an average annual growth of 7.5 3% during the last 5 years and stored at an all high of 137.58 lakh Metric tons during 2018-19. The export of Marine Products is to 13.93 lakh metric tons and valued at Rs 46.58 9 crore during 2018 19.
Latest Update Under PM Matsya Sampada Scheme
The Government of India has approved a total estimated investment of Rs 20,050 crores to be implemented under the PM Matsya Sampada Yojana, over a period of 5 years from FY 2020 to FY 2024-2025. Through this scheme, the government aims to address critical gaps in fish production and productivity quality, post-harvest technology infrastructure and management modernisation, and trending of the value chain, establishing a robust fisheries management framework and fishers’ welfare.
Key Factors of PM Matsya Sampada Yojana 2025
| Scheme Name | PM Matsya Sampada Yojana 2025. |
| Nodal Ministry | Ministry of Fisheries, Animal Husbandry & Dairying. |
| Concerned Board | National Fisheries Development Board. |
| Leading Department | Department of Fisheries. |
| Year | 2025-26. |
| Objective | To double the income of fishers and fish farmers, and generate employment by modernising and strengthening the value chain post-harvest management and quality improvement, re-boosting fishers’ management and regulatory framework. |
| Benefit | To Citizens in the Fishery business. |
| Total Budget | Rs 20,050 crores. |
| Duration | 5 years. |
| Target Beneficiaries | Fish farmers, fishers, fish workers, and fish vendors (Self-Help Groups, SHGs, and joint liability groups, JLBs) in the fisheries sector. |
| Scheme Type | Umbrella Scheme. |
| Beneficiaries | Citizens of India. |
| Mode | Online. |
| Official Website | nfdb.gov.in |
Objective of Pradhan Mantri Matsya Sampada Yojana
The main objective of this scheme is to double the income of fishers and fish farmers, and generate employment by modernising and strengthening the value chain post-harvest management and quality improvement, re-boosting fishers’ management and regulatory framework. With the help of this, the government aims to enhance fish production and productivity through expansion, intensification, diversification, and productive utilisation of land and water.
Intended Beneficiaries Under PMMSY
Here is the list of intended beneficiaries under the PM Matsya Sampada Scheme:-
- Fishers
- Fish Workers and Fish Vendors
- Fish Farmers
- Fisheries Development Corporations
- Self-Help Group SHGs / Joint Liability Group JLGs in the fisheries sector
- Fisheries Federations
- Fisheries Cooperatives
- Entrepreneurs and Private Firms
- Fish Farmers Producter Organizations/ Companies (FFPOs/Cs)
- SCs/STs/Women/ Disabled persons
Benefits of PM Matsya Sampada
- Umbrella Scheme:- This will be implemented as an umbrella scheme having both centric sector components and a century-sponsored scheme components.
- Total Budget:- The Government of India has approved a total estimated investment of Rs 20,050 crores to be implemented under the PM Matsya Sampada Yojana, over a period of 5 years from FY 2020 to FY 2024-2025.
- Activities Implemented:- Under this scheme, activities will be implemented in partnership with States/UTs in some of the areas of national importance, and the entire funds will be borne by the central government.
- Maintain Fine Balance:- This scheme will maintain a fine balance between production and productivity activity, including Technology infusion, post-harvest infrastructure, including strengthening and modernisation of the value chain, and a reboot of the management and regulatory framework.
- Create Conducive Environment:- This scheme helps in creating a conducive environment for private sector participation, development of entrepreneurship, Business models, promotion of ease of doing business innovations, and innovative project activities, including startups, incubators, and extra in the sectors of fisheries.
- Save Public Resources:- Under this suitable linkage, convergence will be fostered with various centre and state government schemes wherever feasible for consolidating and amplifying outcomes, and also helps in saving public resources.
Impact of Pradhan Mantri Matsya Sampada Scheme
- As per the new data, the fish production is likely to be enhanced from 13.275 million metric tons (2018-19) to 22 million metric tons by 2024-25.
- Under this financial assistance, an average annual growth of about 9% in fish production is expected.
- The increase in the contribution of GVA of fisheries sectors to the agriculture GVA from 7.28% in 2018-19 to about 9% by 2024-25
- This helps in enhancing earnings from the present Rs 46,589 crore to about Rs 1,00,000 crore by 2024-25.
- Per hectare enhancement of productivity in aquaculture from the present National average of 3 tons to about 5 tonnes.
- Also noticed a reduction of post-harvest losses from the reported 20-25% to about 10%.
- Through this, the government aims to generate about 15 lakh direct gainful employment opportunities and thrice the number as indirect employment opportunities along the supply and value chain.
- Enhancement of the domestic fish consumption has now increased from about 5 kg to about 12 KG per capita.
- Ultimately, the main aim of this is to double the incomes of fisheries and fish farmers and encourage private investment and the facilitation of the growth of entrepreneurship in the fisheries sector.
Also Read:- Kisan Credit Card
Required Documents
- Aadhar Card
- Resident Proof
- Bank Passbook
- Caste Certificate
- Fisheries Documents
- Passport-Sized Photo
- Mobile Number
Funding Pattern Under PM Matsya Sampada Scheme
The PM Matsya Sampada Yojana will be implemented with the following funding patterns, and these are being followed:-
- Central Sector Scheme (CS):- The entire project/unit cost will be borne by the Central Government, which is 100% Central funding.
- Under this, activities are undertaken by the entities of the Central Government, including NFDB. The central assistance will be up to 40% of the unit/project cost for the general category and 60% for the SC/ST/Women category.
- Centrally Sponsored Scheme (CSS):- CSS component and sub components implemented by States, non-beneficiary oriented, the entire project/unit cost will be shared between the centre and the state as discussed below:-
- North-Eastern and Himalayan States:- 90% Central share and 10% state share.
- Other States:- 60% Central share and 40% state share.
- Union territories with legislature & without legislature):- 100% Central share.
Under these CSS components and sub-components implemented by State UTs, the government financial assistance of both centre and state duties governments together will be limited to 40% of the project/unit cost for the general category and 60% of the project cost for SC/ST/ this government assistance will then be shared between the centre and state duties in the following ratio:-
- For North Eastern and Himalayan States, 90% Central share and 10% state share.
- Other states have a 60% Central share and a 40% state share.
- Union territories with legislature and without legislature are 10% Central share.
Funding Pattern for Livelihood & Nutritional Support Activity
Here is the funding pattern for this activity under the PMMSY as summarised below:-
| Stare/UTs |
Funding Pattern |
Contribution |
| i. | ii. | iii. |
|
General States |
50:50 Center & General States | Center Share Rs. 1500+ State Share Rs. 1,500 + Beneficiary Share Rs. 1,500 = Rs. 4,500/- year. |
|
North East & Himalayan States |
80:20 Center and NE & Himalayan States | Center Share Rs. 2400+ State Share Rs. 600 + Beneficiary Share Rs. 1,500 = Rs. 4,500/- year. |
|
Union Territories |
100% as Center Share for UTs | Center Share Rs. 3,000 + Beneficiary Share Rs. 1,500= Rs. 4,500/- year. |
- Note:- The accumulated amount of Rs 45000 indicated above would be disbursed to enrolled beneficiaries by the respective states/UTs at the rate of Rs 1500 per month for a period of 3 months every year during the fishing Ban/ lean project.
Also Read:-PM Kisan Samman Nidhi Yojana
What are the Implementation Agencies Under PMMSY?
Here are the implementing Agencies responsible for PM Matsya Sampada, as mentioned below:-
- Central Government and its entities, including the National Fisheries Development Board
- State / UT Government and its entities
- State Fisheries Development Board
- Any other implementing Agencies as notified by the Department of Fisheries.
How to Register for PM Matsya Sampada Yojana 2025?
To be a part of this scheme, applicants need to follow the steps:-
- First of all, the applicant must go to the official PMMSY
- Once the applicant reaches the homepage of the official website, they need to click on the “Apply Now” button.
- As the applicant clicks, the application form will appear on the screen.
- Now the applicant needs to fill out all the details and upload all the necessary documents with the form.
- Once, quickly review all the details carefully.
- At last, hit the button called Submit to complete the process.
By performing the steps, the applicant can easily apply for the scheme.
Also Read:- PM Dhan-Dhanya Krishi Yojana
Helpline Number
- Toll-free number 1800 425 1660
- Open Monday to Friday 9:30 a.m. to 6:00 p.m. and closed on Saturday and Sunday.
Important Downloads
FAQs
Is this scheme 100% centrally sponsored?
- Yes, Pradhan Mantri Matsya Samprada Yojana is a Central and 100% funded by the central government.
What is the duration of this scheme?
- PM Matsya Sampada will be implemented in all the states and union territories for a period of 5 years, starting from FY 2020-21 to FY 2024-25.