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The Pradhan Mantri Matsya Sampada Yojana completed six years on 10 September 2026; a PIB Backgrounder set out its production, export, employment and infrastructure record.
Fish production rose from 141.64 lakh tonnes in 2019-20 to a record 197.75 lakh tonnes in 2024-25, and fisheries exports from Rs 46,663 crore in 2019-20 to Rs 73,890 crore in 2025-26.
The scheme has a total outlay of Rs 20,750 crore and received a record Budget Estimate allocation of Rs 2,500 crore for 2026-27.
Projects worth Rs 21,394.88 crore, with a Central share of Rs 9,510.89 crore, were approved between 2020-21 and 2025-26 (as of 11 August 2026).
PMMSY is an umbrella scheme with Central Sector and Centrally Sponsored components; PM-MKSSY is its Central Sector sub-scheme.
Raise production and productivity, modernise the value chain, generate livelihoods, boost exports and Gross Value Added, and strengthen fisheries management and fisher welfare.
Key: Umbrella scheme since 2020-21 with CS and CSS components; three CSS pillars are production and productivity, infrastructure and post-harvest management, and the fisheries management and regulatory framework.
Structurally transform the sector through formalisation, insurance cover, access to institutional finance, and quality assurance and traceability.
Key: Central Sector sub-scheme of PMMSY, Rs 6,000 crore, 2023-24 to 2026-27; the National Fisheries Digital Platform sits under it.
Integrated development and management of fisheries, which PMMSY succeeded and expanded.
Key: The predecessor umbrella scheme on which PMMSY was built.
Concessional finance for fisheries infrastructure to States, UTs and eligible entities.
Key: Created in 2018-19 with a fund size of Rs 7,522.48 crore; lending runs through NABARD, NCDC and scheduled banks, with up to 3% annual interest subvention and a 12-year repayment period; NFDB is the nodal implementing agency.
Working-capital credit for fishers and fish farmers.
Key: KCC was extended to fisheries and animal husbandry in 2018-19; interest subvention and a prompt-repayment incentive bring the effective rate down for loans up to Rs 2 lakh.
Digital governance and formalisation, through work-based digital identities and a single-window route to credit, insurance, traceability and performance-linked incentives.
Key: Launched under PM-MKSSY in September 2024; total registrations crossed 37.23 lakh as of 8 September 2026.
Online self-learning courses for fish farmers on breeding, seed production and grow-out culture.
Key: Mobile app launched in July 2021, developed by ICAR-Central Institute of Freshwater Aquaculture (CIFA), Bhubaneswar.
Coastal outreach to fishers on government schemes, responsible fisheries and marine ecosystem protection.
Key: A Department of Fisheries coastal yatra whose Phase I ran 5-6 March 2022 from Mandvi to Porbandar in Gujarat.
Make coastal fishing villages climate-resilient and economically vibrant.
Key: 100 villages identified under the Central Sector component, unit cost Rs 200 lakh per village, fully funded by the Centre.
Nodal department implementing PMMSY and PM-MKSSY and approving State and UT project proposals
Autonomous body coordinating fisheries development; nodal implementing agency for FIDF; strengthened under the Central Sector component of PMMSY
Developed the Matsya Setu learning app for fish farmers
RAS filters and recirculates the same water, removing waste so fish can be farmed intensively on very little land and water. Bio-floc uses beneficial microbes that clump together, converting waste nutrients into natural feed while cleaning the water, so almost no water exchange is needed.
Simple Analogy: RAS is a fish tank with its own water-treatment plant.
National Fisheries Development Board established at Hyderabad
FIDF created with a Rs 7,522.48 crore fund; Kisan Credit Card extended to fishers and fish farmers
PMMSY implementation begins, succeeding the Blue Revolution scheme
Matsya Setu app launched, developed by ICAR-CIFA
Sagar Parikrama Phase I, Mandvi to Porbandar, Gujarat
PM-MKSSY begins as a Central Sector sub-scheme with a Rs 6,000 crore outlay
National Fisheries Digital Platform launched under PM-MKSSY
PMMSY completes six years; BE 2026-27 allocation of Rs 2,500 crore
PMMSY's promotion of Bio-floc, RAS, cage culture and mariculture is positioned as India's contribution to sustainable fisheries management under SDG 14.
Fisheries is treated as a Sunrise Sector within India's Blue Economy agenda, alongside shipping, marine biotechnology and coastal tourism.
FFPOs mirror the FPO model in agriculture, pooling bargaining power for small producers through incubation support and equity grants.
GS Paper 3 > Economy > Agriculture and Allied Sectors
General Awareness > Government Schemes
General Awareness > Priority Sector and Rural Credit
Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, a Central Sector sub-scheme of PMMSY with a Rs 6,000 crore outlay for 2023-24 to 2026-27, focused on formalisation, insurance and institutional credit.
Fish Farmers Producer Organization, a collective of fishers and fish farmers supported under PMMSY with incubation, management cost and equity grant assistance.
An aquaculture method in which beneficial microbes form nutrient clumps that serve as natural feed and clean the water, allowing high-density farming with little water exchange.