Central sub-scheme with ₹6,000 Crore outlay under PMMSY providing up to 50% performance grants (max ₹20 Lakh) for fish farmers, micro-enterprises, and 70% aquaculture crop insurance premium subsidy.

PM Matsya Kisan Samridhi Sah-Yojana (PMMKSSY)

Approved with an investment outlay of ₹6,000 Crore, the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PMMKSSY) is a specialized sub-scheme under the overarching Pradhan Mantri Matsya Sampada Yojana (PMMSY) by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying.

PMMKSSY focuses on formalizing the unorganized fisheries sector, expanding digital microcredit, incentivizing aquaculture disease insurance, and improving supply-chain quality.

Key Financial Benefits

Performance Grants for Microenterprises:
- Micro-enterprises and individual fish farmers receive up to 50% performance grant (capped at ₹20 Lakh) for adopting sustainable aquaculture, cold chains, and bio-floc installations.
Aquaculture Insurance Premium Subsidy:
- The government covers up to 70% of the insurance premium for crop insurance against catastrophic fish mortality from disease, floods, or water contamination.
NFDP Digital Identity Card:
- All fishers and fish vendors receive a National Fisheries Digital Platform (NFDP) ID card unlocking instant institutional credit and KCC loans.

Eligibility & Beneficiaries

Fish farmers, fish workers, fish vendors, and fish seed growers.
Fisheries Cooperatives, Self-Help Groups (SHGs), Joint Liability Groups (JLGs), and Fish Producer Organizations (FPPOs).
Private microenterprises engaged in fish processing and distribution.

How to Register

Register on the National Fisheries Digital Platform at pmmsy.dof.gov.in.
Complete digital KYC with Aadhaar and fish culture land/waterbody details.
Submit applications for disease insurance subsidy or infrastructure expansion through your District Fisheries Officer (DFO).