Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)

The Union Cabinet approved the Pradhan Mantri Matsya Kisan Samridhi Sah- Yojana (PM-MKSSY),a Central Sector Sub-scheme under the Pradhan Mantri Matsya SampadaYojana(PMMSY),on 8th February 2024 for a period of four years from FY 2023-24 to FY 2026-27. PM-MKSSY will be implemented in all the States and Union Territories with an estimated outlay of Rs. 6000 Crore. PM-MKSSY intends to address the inherent weaknesses of the sector through identified financial and technological intervention for bringing in institutional reforms to support the transformation of the fisheries sector in the Long-term.

Targeted Beneficiaries

Fish Farmers, Fish workers, Fish Vendors who are directly engaged in fisheries value chain .Fisheries and Aquaculture Micro and Small enterprises like Proprietary Firms, Partnership Firms and Companies registered in India. Societies, Limited Liability Partnerships (LLPs), Cooperatives, Federations, Village Level Organizations like Self Help Groups (SHGs), Fish Farmers Producer Organizations (FFPOs) and Start ups engaged in fisheries and aquaculture value chains. FFPOs also include Farmers Producer Organizations (FPOs). Any other beneficiaries that may be included by the Department of Fisheries, Government of India as targeted beneficiaries.

Key Components:

  1. Formalization of fisheries sector
  2. Incentivizing aquaculture insurance
  3. Support for improving fisheries sector value chain efficiencies
  4. Incentives for adoption of safety and quality assurance systems
  5. Project management, monitoring and reporting

PM-MKSSY – Operational Guidelines

APPLY HERE

National Fisheries Digital Platform (NFDP) https://nfdp.dof.gov.in