Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a ₹20,050 crore flagship scheme (2020–26) to develop the fisheries sector through subsidised capital assistance for aquaculture, fishing infrastructure, cold chains, processing, and value-addition activities.

Fishers, fish farmers, fish workers and vendors, entrepreneurs, Self Help Groups (SHGs), women SHGs, cooperatives, Fish Farmer Producer Organisations (FFPOs), and private firms in fisheries and aquaculture. Both individuals and groups can apply.

What is the subsidy amount?

40% of project cost for General category beneficiaries and 60% for SC/ST/Women beneficiaries. Beneficiary must fund the remaining share.

What activities are covered?

Aquaculture ponds, biofloc units, hatcheries, brood banks, cage culture, seaweed farming, fishing vessels, cold chain infrastructure, ice plants, fish feed mills, fish processing and value-addition units, and retail fish kiosks.

No. PMMSY provides non-repayable capital subsidies — no equity stake is taken and subsidy amounts need not be repaid.

Apply through the PMMSY portal at pmmsy.dof.gov.in or through your State Fisheries Department. Applications are routed via the respective state government.

PMMSY — Pradhan Mantri Matsya Sampada Yojana

By Dept of Animal Husbandry & Dairying (DAHD)

Rolling Applications

Quick Answer

40%–60% capital subsidy for fisheries, aquaculture and marine infrastructure

Funding amount: Varies
Funding type: Subsidy
Provider: Dept of Animal Husbandry & Dairying (DAHD)
Application deadline: Rolling
Location: Open to startups registered in India

Subsidy providers

Provider

Dept of Animal Husbandry & Dairying (DAHD)

New Delhi · Delhi · India

Application Process

1
Identify the specific component (e.g., pond
Identify the specific component (e.g., pond, hatchery, cold chain, vessel, processing unit).
You
2
3
4
5
6

How to apply

Four steps from draft to disbursement — one action each.

1
Submit on the official portal
Use the official application link and verify all details before final submission.
2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.

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PMMSY — Pradhan Mantri Matsya Sampada Yojana

PMMSY — Pradhan Mantri Matsya Sampada Yojana

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