Pradhan Mantri Matsya Sampada Yojana (PMMSY)


  • Recently, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has been digitally launched.

  • Various other initiatives in the fisheries and animal husbandry sectors have also been launched on the occasion.


  • Enhance fish production by an additional 70 lakh tonne and increase fisheries export earnings to Rs.1,00,000 crore by 2024-25.

  • Double the incomes of fishers and fish farmers.

  • Reduce post-harvest losses from 20-25% to about 10%.

  • Generate an additional 55 lakhs direct and indirect gainful employment opportunities in the fisheries sector and allied activities.

  • Budget and Time Period:

    • An estimated investment of Rs. 20,050 crore for a period of 5 years from financial year (FY) 2020-21 to FY 2024-25 in all States/Union Territories.

    • This investment is the highest ever in the fisheries sector yet

Key Fact Points

  • PMMSY is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Atma Nirbhar Bharat Abhiyan Package.

Aims and  Objectives 

  • Adopting ‘Cluster or Area-based Approaches’ and creating fisheries clusters through backward and forward linkages.

  • Harnessing of fisheries potential in a sustainable, responsible, inclusive and

equitable manner

  • Enhancing of fish production and productivity through expansion,

  • intensification, diversification and productive utilization of land and water

  • Modernizing and strengthening of value chain - post-harvest management

  • and quality improvement

  • Doubling fishers and fish farmers incomes and generation of employment 

  • Enhancing contribution to Agriculture GVA and exports

  • Social, physical and economic security for fishers and fish farmers

  • Robust fisheries management and regulatory framework