Pradhan Mantri Matsya Sampada Yojana 2023 (PMMSY) – Apply Now

Pradhan Mantri Matsya Sampada Yojana 2023 | PM Matsya Sampada Yojana | PMMSY Scheme Objectives, Benefits, Application Form & Impact

The government has started the Pradhanmantri Matsya Sampada Yojana for fishermen, as you are all aware. The development of the fishing industry is the primary goal of this plan. The Pradhan Mantri Matsya Sampada Yojana will provide about 29 benefits in total. SC, ST, and female recipients will receive 60% of the total unit cost, with the remaining 40% going to other categories.

Visit the department’s official website to submit an application for the Pradhan Mantri Matsya Sampada Yojana, open to all beneficiaries. In this article, we will go over all the key details of the Pradhan Mantri Matsya Sampada Yojana, including its implementation process, available incentives, and other benefits. We will also discuss the eligibility requirements that all Indian citizens must fulfill to apply for the scheme.

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Pradhan Mantri Matsya Sampada Yojana 2023

The Governor and Chief Minister of Bihar, as well as the Union Minister and the Minister of Fisheries, Animal Husbandry, and Dairy, were present when PM Narendra Modi formally launched the Pradhan Mantri Matsya Sampada Yojana via video conference on September 10, 2020.

For this scheme, the government plans to invest an estimated Rs. 20,050 crores between 2020–2021 and 2024–2025. Amounts proposed for beneficiary-oriented activities in marine, inland, and aquaculture total around Rs. 12340 crores, and approximately Rs. 7710 crores for Fisheries Infrastructure. The government’s primary goal for the program is

  • Increasing fish production by 70 lakh tonnes until 2024–2025,
  • Raising the revenue from fisheries exports to Rs. 1,00,000 crore,
  • Doubling of fishermen’s and fishermen’s earnings
  • Lowering post-harvest losses to roughly 10% from 20–25%
  • Creation of an additional 55 lakh opportunities for gainful employment, both direct and indirect, in the agriculture and fishing industries.
Pradhan Mantri Matsya Sampada Yojana 2023

Overview of the PM Matsya Sampada Scheme

Scheme NamePradhan Mantri Matsya Sampada Yojana
Launched ByGovernment of India
ObjectiveImproving fishing channels and supporting fisherman
Official Website

Objectives of the PMMSY Scheme

The following list outlines the goals of the Matsya Sampada Yojana:

  • From the ranch entryway to the retail outlet, this plan will enhance the chain’s current structure.
  • PMMSY will accelerate the country’s progress in the food preparation sector.
  • It will increase GDP, employment, and business.
  • This program aids in reducing the massive waste of horticultural products.
  • It will assist in improving costs for ranchers and doubling their income.
  • Potential for fisheries to be saddled in an economical, competent, thorough, and impartial manner
  • increasing the quantity and quality of fish by developing, expanding, heightening, and making good use of land and water
  • Enhancing and strengthening the merit-based reward system after executives are hired, along with improving quality
  • Increasing the age of employment and incomes of fishers and fish ranchers; strengthening the agricultural sector’s GVA and fares.
  • For fishermen and fish ranchers, social, physical, and financial security
  • Administrative framework and active management of fisheries

Benefits of the PM Matsya Sampada Yojana

The plan aims to use the potential in the fishery area, improve or increase horticulture, and modernize the handling and abatement of agrarian waste. The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was proposed by the government to strengthen the fishery board structure and plug weak points in the value chain. The government has stated that the “Blue Revolution” or “Neeli Kranti” may be able to take the top spot in fish production on Earth. It includes plans from MoFPI on topics like food parks, food safety, and infrastructure.

Components of the PMMSY Scheme

  • Central sector scheme
  • Centrally sponsored scheme

Strategic Priorities

  • Cold water fisheries
  • Seaweed cultivation
  • Marine fisheries
  • Inland fisheries
  • Fisherman’s welfare
  • Infrastructure and post-harvest management
  • Aquatic Health management
  • Ornamental fisheries
  • Other important activities

How to Apply for the Pradhan Mantri Matsya Sampada Yojana?

  • Visit the official website, submit the form, and upload all necessary documents.
  • Along with the form, the beneficiary must also prepare and submit his own SCP-DPR.
  • Grants will be awarded based on unit costs, even though DPR and SCP costs may exceed those of the units.
  • You can download the DPR template from the official website.

Implementation Process of the PMMSY Scheme

The government must hold speculation totaling Rs. 31,400 crores and has a spending plan of Rs. 6000. The processing of approximately 334 lakh MT of agricultural goods valued at Rs 1 lakh, 4 thousand 125 crores. The Matsya Sampada will benefit about 2 million ranchers and generate about 5 lakh-30 thousand direct or indirect jobs in the country in 2019–2020.

The administration’s goal for fish production is to reach the target of 15 million tons by 2020 through the Blue Revolution and increase it to approximately 20 million tons by 2022–2023. On June 30, 2020, the government released the Pradhan Mantri Matsya Sampada Yojana operational guidelines.

The central government has invested Rs. 9407 crore in this scheme, the state government has invested Rs. 4,880 crore, and the beneficiary’s contribution is Rs. 5763 crore. The following are implementation guidelines:


  • For the scheme’s implementation, to achieve optimal results with required forward and backward linkages and end-to-end solutions, a cluster or area-based approach will be used.
  • Various technologies such as Re-circulatory Aquaculture Systems, Biofloc, Aquaponics, Cage Cultivation, and others will be used to improve production and productivity, quality, and productive utilization of wastelands and waters for Aquaculture.
  • Coldwater fisheries development and aquaculture expansion will receive special attention in brackish water and saline areas.
  • Activities such as mariculture, seaweed cultivation, and ornamental fishing would be promoted to create a large number of job opportunities.
  • Fisheries would be prioritized in development plans for Jammu and Kashmir, Ladakh, Islands, Northeast, and Inspirational Districts.
  • This plan would integrate contemporary coastal fishing villages with the required infrastructure to develop coastal fishing communities holistically.
  • To strengthen fishermen’s and fish farmers’ negotiating power Fish Farmer Producer Organizations would be the conduit for collectiveization.
  • Under the plan, aquaparks would be built as the center of various fisheries facilities and activities.
  • The PMMSY Scheme aims to build the necessary convergence with the Department of Agriculture Research and Education (DARE) and ICAR to strengthen research and extension support services. The establishment of Fisheries Incubation Centers (FICs) through the government and private sector would be supported.
  • Fishermen and others would receive annual livelihood support during the ban/lean period.

PM Matsya Sampada Scheme’s Target

  • To invest Rs. 20050 crore in the ecosystem
  • To raise fish production to 22 million metric tons from 13.75 million metric tons currently
  • To increase export revenue from 46k to 100k crore.
  • The goal is to decrease post-harvest loss from 20–25% to 10%.
  • To increase fishermen’s and fish farmers’ incomes by double
  • To create 15 lakh opportunities for gainful employment directly and triple that amount in indirect employment
  • To encourage private investment and the expansion of entrepreneurship in the fishing industry; to raise the industry’s share of the agricultural GVA from 7.28% to approximately 9%.
  • To argue for increasing the average household’s fish consumption from 5 kg to 12 kg.

Beneficiaries of the PM Matsya Sampada Yojana

The primary goal of the program, which was announced by the finance minister, is to enhance the nation’s fisheries. It is available to all fishermen. Any and all fishermen in the nation are welcome to apply for this program.

  • Fishers
  • Fish farmers
  • The Fish workers and Fish vendors
  • Fisheries Development corporations
  • Self Help Groups (SHGs)/Joint Liability Groups (JLGs) in the fisheries sector
  • Fisheries cooperatives
  • Fisheries Federations
  • Entrepreneurs and private firms
  • Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
  • SCs/STs/Women/Differently abled persons
  • State Governments/UTs and their entities including
  • State Fisheries Development Boards (SFDB)
  • Central Government and its entities

Impact of the PMMSY Scheme on the Community

The scheme will affect India’s fishing industry as a whole in the ways listed below.

  • By 2024–2025, the scheme will contribute to increasing fish production from 137.58 lakh metric tons (2018–19) to 220 lakh metric tons.
  • The plan will maintain fish production growth of roughly 9% on average annually.
  • By 2024–2025, the program is expected to contribute approximately 9% of the agriculture GVA to the fisheries sector, up from 7.28% in 2018–19.
  • By 2024–2025, the plan will have doubled export revenue from Rs. 46,589 crores (2018–19) to approximately Rs. 1,00,000 crores.
  • Through the program, aquaculture productivity will increase from the current 3 tonnes per hectare national average to roughly 5 tonnes per hectare.
  • Post-harvest losses will drop from the reported 20–25% to roughly 10% as a result of the plan.
  • The program will contribute to raising domestic fish consumption per person from roughly 5–6 kg to roughly 12 kg.
  • About 55 lakh new jobs, both direct and indirect, will be made possible by the program in the supply and value chain as well as the fishing industry.

PM Matsya Sampada Yojana Statistics

Proposal Sanction Till Date7242.89
States/UTs Covered Till Date34
Estimated Beneficiaries Impacted1600000
Fishes Family to get Livelihood and Nutrition Support677462
Rafts and monoline/Tubenets for seaweed cultivation117531
Number of cages and pens in reservoirs and other water bodies15454
Fish transportation facilities12456
Pond area under inland aquaculture9960.55
Bio toilets in mechanized fishing vessel4208
Replacement boats3230
Recirculatory aquaculture system2870
Biofloc units2221
Fish retail market, fish kiosk1655
Ornamental fish rearing units and integrated ornamental fish units1248
Fish Farmer Producer Organisation720
Upgradation of Existing Fish Vessel527
Fish Feed Mill/Plant377
Fish/Prawn Hatcheries300
Deep Sea Fishing Vessel273
Ice Plant/Cold Storage235
Extension and support services60

About e-Gopala App

For farmers, the e-Gopala App was also released at the same time. Using the e-Gopala app platform, farmers can oversee livestock such as

  • Purchasing and selling disease-free germplasm in any form
  • Having access to top-notch breeding services and advice for farmers regarding animal feeding
  • Treating animals with the proper combination of ethnoveterinary and ayurvedic medicine.

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