The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay of ₹6000 crore.

The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying has developed and made operational the National Fisheries Digital Platform (NFDP) under PM-MKSSY on 11.09.2024. The NFDP aims at formalization of the Indian fisheries and aquaculture sector through creation of work-based digital identities and the database for all stakeholders in fisheries sector. It also serves as 'one-stop' solution for access to institutional credit, strengthening of fisheries co-operatives, incentivizing aquiculture insurance, performance-based incentives, fisheries' traceability systems and training and capacity building.

The PM-MKSSY under its component 1-B provides for one-time incentive for purchase of aquaculture insurance by the farmers.  The one-time incentive for aquaculture insurance is provided at the rate of 40% of the premium paid with a ceiling up to ₹25,000 per hectare, limiting ₹1 lakh per farmer for farms upto 4 hectares Water Spread Area (WSA). For the intensive aquaculture system including intensive systems like cage culture, RAS, bio-floc, and raceways etc. incentive for aquaculture insurance is provided at the rate of 40% of the premium paid with a ceiling up to ₹1 lakh per farmer for 1800 m3 for intensive aquaculture systems. Further, the SC/ST and women beneficiaries get an additional 10% of incentive. As on date, 684 lead applications have been received on the NFDP including 58 from Uttar Pradesh and the same have been forwarded to the insurance companies on the portal. Further, a total of 29 aquaculture farmers have applied for one-time incentive under PM-MKSSY on NFDP and 8 aquaculture farmers have availed the benefit of one-time incentive. The State and District-wise details alongwith the premium amount are furnished at Annexure-I. A total of 85 awareness camps has been conducted and the state-wise details are furnished at Annexure-II.

 

Annexure-I

1. State-wise and District-wise details of the One-Time Incentive applications received

 

2. State-wise and District-wise details of the One-Time Incentive disbursed

 

Annexure-II

State-wise details of the camps organized

 

 

 

This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 19th August, 2025.

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(Release ID: 2157846)