PMMSY — Pradhan Mantri Matsya Sampada Yojana
By Dept of Animal Husbandry & Dairying (DAHD)
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Quick Answer
40%–60% capital subsidy for fisheries, aquaculture and marine infrastructure
- Funding amount
- Varies
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Open to startups registered in India
About this subsidy
₹20,050 crore flagship scheme for the fisheries sector (2020–26). Subsidy: 40% of project cost for General category; 60% for SC/ST/Women. Covers: aquaculture ponds, biofloc units, hatcheries, brood banks, cage culture, seaweed farming, fishing vessels, cold chain, ice plants, fish feed mills, fish processing & value-addition, retail fish kiosks.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
The Department of Animal Husbandry & Dairying (DAHD), under the Ministry of Fisheries, Animal Husbandry & Dairying, is the Government of India's nodal department for the livestock and dairy sectors — vital contributors to rural incomes and India's position as the world's largest…
Learn moreBenefits & Funding
What You Get
PMMSY provides capital subsidies of 40% of project cost for General category beneficiaries and 60% for SC/ST/Women beneficiaries for a wide range of fisheries activities — from aquaculture ponds, biofloc units, hatcheries, and cage culture to fishing vessels, cold chain infrastructure, fish feed mills, and retail fish kiosks. The subsidy is non-repayable and no equity is taken. The scheme also supports seaweed farming and fish processing and value-addition units. Beneficiaries contribute the remaining share of project cost, typically through bank loans or own funds under the overall ₹20,050 crore national programme (2020–26).
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
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
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is PMMSY?
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.
Who is eligible?
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.
Is equity taken?
No. PMMSY provides non-repayable capital subsidies — no equity stake is taken and subsidy amounts need not be repaid.
How do I apply?
Apply through the PMMSY portal at pmmsy.dof.gov.in or through your State Fisheries Department. Applications are routed via the respective state government.
News
- Jammu Kashmir Gets Rs 154.57-Crore Fisheries Projects Under PMMSYkashmirlife.net · 2 months ago
- Odisha’s Blue Economy Gets Rs 1301 Cr PMMSY Boostbusinessworld.in · 2 months ago
- Nagaland receives INR 55.41 crore under PMMSY in 3 yearseasternmirrornagaland.com · 2 months ago
- Centre Invests Rs 20,991 Crore in Fisheries Sector; PMMSY Offers Rs 5 Lakh Accident Coverkashmirlife.net · 2 months ago
Source: Google News aggregated
