PM Matsya Sampada Yojana โ Fish Farming Subsidy 40-60%
PMMSY gives 40-60% subsidy on fish farming, aquaculture ponds, boats, and equipment. Apply via your state fisheries department. SC/ST/women get 60% subsidy.
Official Links
What is PM Matsya Sampada Yojana?
Pradhan Mantri Matsya Sampada Yojana (PMMSY) is the Government of India's flagship fisheries scheme to transform India's fisheries sector โ boosting fish production, fishermen's income, and creating 55 lakh employment opportunities.
Key features:
- 40โ60% subsidy on fisheries activities (60% for SC/ST/women)
- Covers: aquaculture ponds, fish farming equipment, fish feed mills, cold storage, boats, fishing nets
- Budget: โน20,050 crore (2020โ2025)
- Implemented by state fisheries departments
- Both freshwater and marine fisheries covered
Subsidy Structure
| Beneficiary Category | Subsidy (Central + State) |
|---|---|
| General category | 40% of project cost |
| SC / ST / Women | 60% of project cost |
| Farmer Cooperatives / SHGs | 60% |
The remaining cost is borne by the beneficiary โ either from savings or via bank loan (MUDRA, NABARD, or commercial bank loan).
Activities Covered Under PMMSY
| Activity | What's Funded |
|---|---|
| Fish pond construction | New freshwater aquaculture ponds |
| Cage culture | Net cages in rivers/reservoirs for fish |
| Shrimp/prawn farming | Brackish water aquaculture |
| Recirculating Aquaculture Systems (RAS) | Indoor high-density fish farming |
| Fishing boats | Motorised boats for marine fishermen |
| Fishing nets | Gill nets, seine nets, cast nets |
| Cold storage / ice plants | Post-harvest infrastructure |
| Fish feed mill | Feed manufacturing for aquaculture |
| Ornamental fish | Aquarium fish production |
| Seaweed cultivation | Coastal seaweed farming |
| Fish retail outlets (kiosks) | Fish market infrastructure |
Who is Eligible?
- Fishermen โ both inland (freshwater) and marine fishers
- Fish farmers โ individuals with land for aquaculture ponds
- SC/ST/women fishers (get higher subsidy)
- Self Help Groups (SHGs) of fisherfolk
- Cooperatives of fishermen
- Entrepreneurs setting up fish processing units
- FPOs (Farmer Producer Organizations) in fisheries sector
Landholding or lease document for the land where fish pond/activity is planned is needed.
How to Apply โ Step by Step
PMMSY is implemented by state fisheries departments:
-
Visit your State Fisheries Department website or office:
- AP: apfisheries.gov.in
- WB: wbfisheries.gov.in
- Odisha: fisheries.odisha.gov.in
- UP: upfisheries.gov.in
- Bihar: fisheries.bihar.gov.in
-
Find the PMMSY scheme section
-
Fill the application form โ activity type, land details, project cost estimate
-
Attach supporting documents
-
Submit to District Fisheries Officer (DFO)
-
DFO inspects and recommends to state fisheries department
-
If approved: subsidy released after completion / in stages
OR apply via the central PMMSY portal: pmmsy.dof.gov.in โ check your state's online application option.
Documents Required
- Aadhaar card
- Land records (patta/khasra/khatauni) or lease agreement for land to be used
- Caste certificate (SC/ST for higher subsidy)
- Bank account details (for subsidy credit)
- Project proposal โ description of proposed fish farming activity
- Fishing license / fisherman card (for marine fishers)
- Photographs of the land/existing facility
Frequently Asked Questions
I don't own land but want to do fish farming on leased land. Am I eligible?
Yes โ leased land with a registered lease agreement of at least 7 years (in most states) is acceptable for PMMSY pond construction. Check your state fisheries department for the minimum lease period required.
Can I get both PMMSY and MUDRA loan?
Yes โ PMMSY is a subsidy (reduces project cost), while MUDRA is a loan (covers remaining cost). You can use MUDRA/NABARD loan for the non-subsidised portion of the project.
My application was approved but subsidy not released. What to do?
Visit your District Fisheries Officer (DFO) office with your approval letter. Delays are common โ follow up persistently. Also check if the pond/activity has been inspected and certified as complete by the DFO.
Is PMMSY available for ornamental fish (aquarium fish)?
Yes โ ornamental fish culture is specifically listed as an eligible activity under PMMSY.
Official Links
- PMMSY portal: pmmsy.dof.gov.in
- Department of Fisheries: dof.gov.in
- Apply via: Your state fisheries department portal
- Helpline: 1800-425-1660 (National Fisheries Development Board)
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