PMMSY Freshwater Finfish Hatchery
By Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
PMMSY capital subsidy of up to ₹15 lakh for setting up a new freshwater finfish hatchery.
- Funding amount
- ₹10L – ₹15L
- Funding type
- Subsidy
- Provider
- Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India
- Application deadline
- Rolling
- Location
- Open to startups registered in India
About this subsidy
Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), the Department of Fisheries supports the establishment of new freshwater finfish hatcheries as a beneficiary-oriented activity (item 1.1 of the scheme's activity list).
The unit cost benchmarked for one hatchery is ₹25.00 lakh. Government assistance covers ₹10.00 lakh for a general beneficiary and ₹15.00 lakh for an SC/ST/Women beneficiary; the balance is the promoter's own contribution, typically met from own funds or bank finance.
Proposals are submitted through the State/UT Fisheries Department, which appraises them and forwards them for sanction under the state's Annual Action Plan.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
The Department of Fisheries is the Government of India department for fisheries and aquaculture. It sits under the Ministry of Fisheries, Animal Husbandry and Dairying and is based in New Delhi. It is not an incubator and does not run cohorts. It runs central schemes, the main…
Learn moreBenefits & Funding
- Amount
- ₹10L – ₹15L
What You Get
Central assistance towards the capital cost of one new freshwater finfish hatchery, benchmarked at a ₹25.00 lakh unit cost. A general beneficiary receives ₹10.00 lakh; an SC/ST or woman beneficiary receives ₹15.00 lakh. The remaining project cost is the beneficiary's own share and can be raised as bank finance, which state fisheries departments routinely help tie up.
- Disbursement
- Milestone Based
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
State/UT Fisheries Departments appraise proposals against PMMSY activity norms and unit costs, prioritise them within the approved Annual Action Plan outlay, and forward them for sanction. Physical verification of the created asset precedes release of assistance.
Application Process
- 1
Prepare proposal
Draft a project proposal for the hatchery against the ₹25.00 lakh benchmark unit cost.
You - 2
- 3
- 4
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
How much assistance do I get?
₹10.00 lakh if you are a general beneficiary and ₹15.00 lakh if you are an SC/ST or woman beneficiary, against a benchmarked unit cost of ₹25.00 lakh per hatchery.
Who can apply?
Individual beneficiaries proposing to establish a new freshwater finfish hatchery.
Do I have to fund part of the project myself?
Yes. Government assistance covers a share of the ₹25.00 lakh unit cost; the balance is the beneficiary's contribution, usually own funds plus bank finance.
Where do I apply?
Through your State or UT Fisheries Department, which consolidates proposals into the state's Annual Action Plan under PMMSY.
Sources
Data on this page is compiled from official program and provider references.
News
- Union Minister Shri Rajiv Ranjan Singh, Minister for Fisheries, Animal Husbandry & Dairying and Panchayati Raj launched fisheries Infrastructure projects worth Rs 36.49 Crorepib.gov.in · last month
- ₹154.57 crore fisheries projects approved for Jammu and Kashmir under PMMSYnewsonair.gov.in · 2 months ago
Source: Google News aggregated
