PMMSY: Centre releases ₹2,208.74 crore to states for fisheries push in 3 years
Synopsis
Key Takeaways
The Department of Fisheries has disbursed ₹2,208.74 crore to states across the last three financial years — from 2023-24 to 2025-26 — under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), the flagship scheme for holistic development of the fisheries and aquaculture sector. The information was placed before Parliament on Wednesday, 22 July, underscoring the Centre's sustained push to scale up India's blue economy.
Scale of the Scheme
The Centre approved a total allocation of ₹3,159.83 crore for the three-year period, of which ₹2,208.74 crore has been released so far. State-wise allocation of central funds under PMMSY is determined annually based on overall budgetary provisions, the performance of individual states and Union Territories, fund-absorbing capacity, and physical and financial progress, including liabilities from projects sanctioned in earlier years.
Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh stated in response to a question in the Rajya Sabha that there is no disparity in fund allocation among states and Union Territories under the scheme.
Fish Production and Export Surge
The numbers cited by the minister reflect a significant sectoral upturn. India's fish production has risen by 39.61 per cent — from 141.64 lakh tonne in 2019-20 to 197.75 lakh tonne in 2024-25. Fisheries exports have grown even faster, surging 58.34 per cent from ₹46,666 crore in 2019-20 to ₹73,890 crore in 2025-26.
Minister Singh attributed these gains to the success of what the government has described as the 'blue revolution', driven in large part by PMMSY investments in production infrastructure, productivity enhancement, and export facilitation.
Digital Monitoring Infrastructure
The Department of Fisheries has built a dedicated PMMSY Management Information System (MIS) — a centralised digital portal and dashboard — to track project progress across states. The platform aggregates district- and state-level data to enable real-time monitoring and evaluation.
The minister noted that the department issues need-based advisories and conducts regular physical and virtual meetings with states and Union Territories, supplemented by field visits to review project progress and improve fund utilisation.
What This Means for States
The performance-linked disbursement model places a premium on states' ability to absorb and deploy funds efficiently. States that demonstrate stronger physical and financial progress are better positioned to attract higher annual allocations. This structure, according to the ministry, is designed to incentivise outcomes rather than merely channelling outlays.
With fisheries exports already crossing ₹73,890 crore and production nearing 200 lakh tonne, the sector's trajectory will depend on whether states can continue scaling infrastructure and cold-chain capacity in the years ahead.