Centre says fund allocation under PM Matsya Sampada Yojana is performance-based, with digital monitoring ensuring efficient utilisation across states

Key Highlights

• ₹3,159.83 crore approved as Central share under PMMSY during 2023-24 to 2025-26
• ₹2,208.74 crore released to States and Union Territories over the three-year period
• Government says no disparity exists in fund allocation among states
• India’s fish production increased 39.61%, from 141.64 lakh tonnes (2019-20) to 197.75 lakh tonnes (2024-25)
• Seafood exports rose 58.34%, from ₹46,666 crore to ₹73,890 crore
• PMMSY projects monitored through a dedicated digital Management Information System (MIS)

News

The Government of India has reiterated that fund allocation under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) is based on objective performance parameters and not on regional preferences, while highlighting the scheme’s contribution to record growth in fish production and seafood exports.

According to the Ministry of Fisheries, Animal Husbandry and Dairying, the Centre approved ₹3,159.83 crore as its share under PMMSY during 2023-24 to 2025-26, of which ₹2,208.74 crore has been released to States and Union Territories.

The Ministry clarified that annual allocations are determined based on:

• Overall budget availability
• States’ fund utilisation capacity
• Physical and financial progress of projects
• Pending liabilities from previously approved projects
• Overall implementation performance

The government stated that there is no disparity in the allocation of PMMSY funds among states and Union Territories.

Fish Production and Exports Reach New Highs

The Centre attributed significant gains in India’s fisheries sector to investments made under PMMSY.

Between 2019-20 and 2024-25, India’s fish production increased from 141.64 lakh tonnes to 197.75 lakh tonnes, representing a 39.61% growth.

During the same period, seafood exports surged from ₹46,666 crore in 2019-20 to ₹73,890 crore in 2025-26, marking an increase of 58.34%.

Digital Monitoring of PMMSY Projects

To improve transparency and fund utilisation, the Department of Fisheries has developed a PMMSY Management Information System (MIS).

The digital platform tracks fisheries projects at the district and state levels, enabling real-time monitoring of physical and financial progress.

The Department also conducts:

• Regular physical review meetings
• Virtual monitoring sessions
• Field inspections
• Need-based advisories to States and Union Territories

to ensure timely implementation of approved projects.

Top States Receiving PMMSY Funds

Among the larger allocations approved during 2023-24 to 2025-26, states such as Kerala, Maharashtra, Tamil Nadu, Karnataka, Madhya Pradesh, Odisha, Gujarat and Uttar Pradesh received significant Central support for fisheries development, infrastructure and aquaculture projects.

The information was shared by Union Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh (Lalan Singh) in a written reply in the Rajya Sabha.

Hospitality Industry Impact

Higher fish production and continued investment in fisheries infrastructure are expected to strengthen seafood availability for hotels, restaurants and institutional foodservice operators. Better utilisation of PMMSY funds can improve cold-chain logistics, fish handling facilities and marketing infrastructure, enabling hospitality businesses to source fresher and higher-quality seafood with greater consistency.

The growth in domestic production also supports the expanding demand for locally sourced seafood in premium hospitality and restaurant segments.

Travel & Tourism Impact

Improved fisheries infrastructure and rising seafood production can support coastal and culinary tourism by enhancing seafood markets, destination dining and regional food experiences. States investing in fisheries infrastructure may benefit from stronger seafood-based tourism offerings, helping coastal destinations attract both domestic and international visitors.

Why It Matters

The latest PMMSY performance figures demonstrate the government’s continued focus on expanding India’s fisheries economy through infrastructure, digital governance and performance-based funding. With fish production and exports reaching record levels, the scheme is strengthening seafood supply chains while creating long-term opportunities for the hospitality, foodservice and tourism sectors.