Pradhan Mantri Matsya Sampada Yojana (PMMSY)
PMMSY was launched in September 2020 with the vision of "Sustainable, Responsible, Inclusive and Equitable Development of Fisheries Sector." It is a flagship scheme under the Aatmanirbhar Bharat package with a total investment of ₹20,050 crore for FY2021-22 to FY2024-25, subsequently extended to FY2025-26. The scheme operates across all states and union territories, with Central assistance, state share, and beneficiary contributions. It targets: doubling fish exports to ₹1 lakh crore, increasing fish production to 22 million metric tonnes (MMT), creating 55 lakh additional employment, and doubling fishers' and fish farmers' incomes.
- PMMSY launched: September 10, 2020 (announced in Union Budget 2020-21).
- Total investment: ₹20,050 crore (FY21-25); extended to FY26.
- Central share: ₹9,407 crore; State share: ₹4,880 crore; Beneficiary contribution: ₹5,763 crore.
- Fish production target: 22 MMT by FY25 (India's production in FY24: ~17.5 MMT).
- Fish export target: ₹1 lakh crore (up from ~₹46,000 crore in FY23-24).
- Employment target: 55 lakh additional direct and indirect jobs.
- Post-harvest loss reduction target: from 20-25% to 10%.
● Tracked since March 12, 2026 · last seen August 30, 2026 · updates as the daily brief publishes
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