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PM-MKSSY: Fisheries Formalisation Sub-scheme

PM-MKSSY, the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, is a Rs 6,000 crore Central Sector sub-scheme of PMMSY that gives fish workers a digital identity and routes credit, grants and insurance through it. It is in the news after a 28 September 2026 government explainer on its aquaculture insurance incentive, which had paid 127 applicants by then.

Last updated 20 October 20264 min read
Latest update
Gives PM-MKSSY its own card: the platform, credit link, grant slabs and the aquaculture insurance incentive, with uptake as of September 2026.

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