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centralSubsidy

Pradhan Mantri Matsya Sampada Yojana (PMMSY)

Department of Fisheries

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Why it matters

For fish and aqua farmers: subsidies (40% general, 60% for SC/ST and women) on ponds, hatcheries, cages, feed and cold chain.

Launched

10 Sept 2020

Valid until

Ongoing

Benefit type

Subsidy

Created by

Government of India

What you get

Capital subsidy on fisheries and aquaculture activities — new ponds, cages, hatcheries, RAS, feed mills and cold chain — at 40% (general) and 60% (SC/ST, women).

Eligibility criteria

  • Fishers, fish farmers, FPOs, SHGs and entrepreneurs
  • Subsidy 40% general / 60% SC-ST and women
  • Activity-wise unit cost ceilings

How to apply

  1. 1

    Apply through the state fisheries department / PMMSY portal

  2. 2

    Get the project approved

  3. 3

    Subsidy released after verification of the asset

Documents required

  • Aadhaar
  • Bank account details
  • Project details
  • Caste certificate (for SC/ST benefit)

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