Pradhan Mantri Matsya Sampada Yojana: Financial Assistance up to Rs. 60 Lakh for Fishermen and How to Apply

Pradhan Mantri Matsya Sampada Yojana offers up to Rs. 60 lakh financial aid for fishermen to boost fishery production and income. Learn application process.

  • Pradhan Mantri Matsya Sampada Yojana offers financial help up to Rs. 60 lakh for fishermen, with higher subsidies for SC/ST and women beneficiaries.
  • Eligible activities include inland and marine fisheries, aquaculture, fish processing, cold chain infrastructure, and deep-sea fishing vessels.
  • You can apply online through the official portal or offline at district fishery offices with documents like Aadhaar, PAN, and project reports.

Indian Government has rolled out the Pradhan Mantri Matsya Sampada Yojana (PMMSY) to provide significant financial assistance to those engaged in the fisheries sector. Aimed at doubling fishermen’s income, the scheme offers subsidies and support for a wide range of fishery-related activities. Beneficiaries from SC, ST, women, and general categories are all eligible to avail the benefits.

Under this initiative, fishermen can access financial help for modernizing equipment, improving infrastructure, and enhancing livelihood opportunities. Detailed guidelines on eligibility, activities covered, and application procedures—both online and offline—are now available to ensure smooth access to the scheme.

Financial Help Details under Pradhan Mantri Matsya Sampada Yojana

The scheme offers different levels of financial help based on the beneficiary category and the type of activity. The subsidy rates are:

  • 60% of project cost for SC/ST and women beneficiaries.
  • 40% of project cost for general category beneficiaries.

The rest of the cost is usually covered through bank loans. The maximum financial help can go up to Rs. 60 lakh, especially for fish food processing units for SC/ST and women, while general category beneficiaries can get up to Rs. 40 lakh.

Who Can Apply and Beneficiary Categories

Beneficiaries include fishermen, fish farmers, fish workers, fish vendors, self-help groups (SHGs), fisheries cooperatives, entrepreneurs, private companies, and fish farmer producer organizations. Special focus is given to SC/ST communities, women, and differently-abled persons to support inclusive growth.

Activities Covered for Subsidy

The scheme supports a wide range of activities such as:

  • Inland and marine fisheries
  • Aquaculture including ornamental fish culture
  • Technology use in fisheries
  • Post-harvest management and cold chain infrastructure
  • Deep-sea fishing vessels
  • Aquatic health management
  • Fish food processing units
  • Fish seed production and breeding units
  • Aquatic insurance schemes

Documents Needed for Application

  • Aadhaar Card
  • PAN Card
  • Bank account details
  • Business registration certificate
  • Project report or Detailed Project Report (DPR)
  • Land documents (if applicable) like lease agreements, ownership papers, or NOC from landowners
  • Memorandum of Association (MOA) or partnership deed (if applicable)

Online Application Process

  1. Visit the official portal: https://pmmkssy.dof.gov.in/
  2. Register as a new user by providing your name, mobile number, and email ID.
  3. Login to the portal and find the application form.
  4. Fill in all required personal, land, and bank details carefully.
  5. Prepare a detailed project report (DPR) using the templates available on the portal.
  6. Upload scanned copies of all necessary documents.
  7. Submit the application form online.
  8. Some beneficiaries may need to submit hard copies of their application and documents to the local district fisheries office for verification.
  9. Wait for approval from the concerned authorities. You will be notified once your application is approved.

Offline Application Process

If you prefer to apply offline, you can submit your self-prepared proposal or detailed project report (DPR) at the district fisheries office or the state fisheries department office. Make sure your documents and proposal follow the scheme guidelines for smooth processing.

FeatureDetails
Scheme NamePradhan Mantri Matsya Sampada Yojana
Launch YearSeptember 2020
Implementing MinistryDepartment of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying
Total InvestmentRs. 20,050 crore (PMMSY) and Rs. 6,000 crore (PM MKSSY sub-scheme)
Subsidy Rate60% for SC/ST/Women, 40% for General Category
Maximum Financial AssistanceUp to Rs. 60 lakh for fish food processing units (SC/ST/Women)
Application Portalhttps://pmmkssy.dof.gov.in/
Offline SubmissionDistrict Fisheries Office or State Fisheries Department

By using the Pradhan Mantri Matsya Sampada Yojana, you can grow your fishery business, improve infrastructure, and increase your income. Make sure to prepare your documents carefully and follow the application steps to get the most benefit. For more details, always check the official government portal.

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