PRADHAN MANTRI MATSYA SAMPADA YOJANA (PMMSY)

• Harnessing the potential of the fisheries sector in a sustainable, responsible, and equitable manner.
•  Enhancing fish production and productivity through methods like expansion, intensification, and diversification.
• Modernizing and strengthening the value chain, including post-harvest management and quality improvement.
• Aiming to double the incomes of fishers and fish farmers and generating significant employment.
• Boosting the fisheries sector’s contribution to the agricultural Gross Value Added (GVA) and national exports.
• Ensuring the social, physical, and economic security of fishers and fish Farmers

• Fishers, Fish farmers / Fish workers and Fish vendors/ Fisheries Development corporations/ Fisheries cooperatives/ Fisheries Federations/ SHGs/Joint Liability Groups (JLGs) in fisheries sector/ Fish Farmers Producer Organizations/Companies (FFPOs/Cs)/Private firms (i.e./ sole proprietorship/ partnership/ LLP companies/ and co-operative societies etc.)

• Aquaculture: Establishment of new ponds, Re-circulatory Aquaculture Systems (RAS), Bio floc units, and Aquaponics.
• Mari culture: Seaweed cultivation, marine and reservoir cage cultivation.
• Infrastructure: Construction of hatcheries, cold chains, ice plants, refrigerated vehicles, and modern fish markets.
• Value Addition: Support for fish processing units, value-added products, and branding.
• Other Areas: Ornamental fisheries, development of start-ups and incubators in the sector.

• Term loan
• Cash Credit

• Term loan: Based on the Project Cost
• Working Capital: Cash budget method to assess the working capital limits.

Financial Assistance

• Under Central Sponsored Scheme (CSS) govt financial assistance/ Subsidy is available in PMMSY on project cost and remaining portion is the beneficiary contribution, which is eligible for bank finance.
• Financial assistance/Subsidy category wise: 40% of project cost for General Category & 60% for SC/ST/Women category

• As applicable for the General Agriculture  Loans