Five Years of PMMSY

The Pradhan Mantri MatsyaSampada Yojana (PMMSY) completes five years of implementation on September 2025, delivering record fish production, rising exports, women’s empowerment, and inclusive growth in the fisheries sector.

Transforming India’s Fisheries through PMMSY

Background and Genesis

• Announced in Union Budget 2019–20, approved by the Cabinet on 20th May 2020.
• Officially launched on 10th September 2020 with an outlay of ?20,050 crore (?9,407 crore Central, ?4,880 crore States, ?5,763 crore Beneficiaries).
• Nodal Agency: National Fisheries Development Board (NFDB).
• Extension approved up to FY 2025–26; as of July 2025, projects worth ?21,274.16 crore

Structure of PMMSY

• Umbrella Scheme with two components:
  • Central Sector Scheme (CS): Fully funded by Centre.
  • Centrally Sponsored Scheme (CSS): Centre + State funding.
• CSS further subdivided into:
  • Production & Productivity Enhancement
  • Infrastructure & Post-Harvest Management
  • Fisheries Management & Regulatory Framework

Vision and Objectives

• Vision: Ecologically healthy, economically viable, and socially inclusive fisheries sector.
• Objectives:
  • Harness fisheries potential sustainably.
  • Enhance fish production & productivity.
  • Strengthen value chains, post-harvest management, & quality improvement.
  • Double fishers’ income & generate employment.
  • Enhance exports & Agriculture GVA.
  • Provide social & economic security for fishers

Major Achievements (2020–2025)
 

• Production:
  • 195 lakh tonnes (2024–25) vs. 141.64 lakh tonnes (2019–20).
  • India = 2nd largest fish producer globally, ~8% share.
• Exports:
  • Grew from ?46,662.85 crore (2019–20) to ?60,524.89 crore (2023–24).
• Livelihoods & Inclusion:
  • ~58 lakh livelihoods created.
  • 99,018 women supported with projects worth ?4,061.96 crore.
• Technology Adoption:
  • 52,058 reservoir cages, 22,057 RAS &Biofloc units, 1,525 sea cages established.
  • 100 Climate Resilient Coastal Fishermen Villages (CRCFV) identified.
• Infrastructure Development:
  • ?3,281.31 crore: 58 fishing harbours& landing centres.
  • ?1,568.11 crore: ice plants, cold storages, smart markets, kiosks.
  • 27,297 post-harvest transport units, 5 digital e-platforms.

Sub-schemes and Digital Transformation

• Pradhan Mantri MatsyaKisanSamridhiSah Yojana (PM-MKSSY):
  • Launched in Feb 2024, investment of ?6,000 crore (2023–27).
  • Focus: Formalisation, aquaculture insurance, value chain efficiency.
• National Fisheries Digital Platform (NFDP):
  • Launched in Sep 2024.
  • Single-window system for scheme benefits.
  • 7 million+ registrations as of Sep 2025.

Challenges in Fisheries Sector

• Climate vulnerability of coastal communities.
• Overfishing and sustainability concerns.
• Post-harvest losses despite infrastructure push.
• Need for deeper financial inclusion & aquaculture insurance penetration.
• Informal sector dominance limits traceability and global compliance.

Way Forward

• Climate-smart Fisheries: Expand CRCFV model nationwide with early-warning and resilient infrastructure.
• Technology Integration: Promote AI, IoT, satellite-based fishery advisories, and digital traceability.
• Inclusive Growth: Enhanced gender budgeting and targeted support for tribal & coastal vulnerable communities.
• Export Competitiveness: Focus on high-value aquaculture species and certification for global markets.
• Insurance & Credit: Ensure universal aquaculture insurance and easy institutional credit via NFDP.
• Sustainability: Strict monitoring of marine fishing, stock assessment, and responsible aquaculture expansion.