PMMSY Marine Finfish Nursery
By Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India
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Quick Answer
PMMSY subsidy of ₹6–9 lakh for one marine finfish nursery rearing 2 lakh fingerlings a year.
- Funding amount
- ₹6L – ₹9L
- 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 marine finfish nurseries (item 2.3 of the scheme's mariculture activity list) — the rearing stage between hatchery seed and cage grow-out.
The benchmarked unit cost is ₹15.00 lakh. Government assistance is ₹6.00 lakh for a general beneficiary and ₹9.00 lakh for an SC/ST/Women beneficiary. Assistance is restricted to one unit with a production capacity of 2 lakh fingerlings a year and a minimum area of 500 sqm.
Proposals are submitted through the State/UT Fisheries Department.
Eligibility
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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
- ₹6L – ₹9L
What You Get
Assistance towards one marine finfish nursery, benchmarked at ₹15.00 lakh. A general beneficiary receives ₹6.00 lakh and an SC/ST or woman beneficiary ₹9.00 lakh. The unit must span at least 500 sqm and be able to produce 2 lakh fingerlings a year; only one unit per beneficiary is supported.
- 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 proposal for one nursery unit of at least 500 sqm at the ₹15.00 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?
₹6.00 lakh for a general beneficiary and ₹9.00 lakh for an SC/ST or woman beneficiary, against a ₹15.00 lakh unit cost.
What size must the nursery be?
At least 500 sqm, with a production capacity of 2 lakh fingerlings per year.
Can I claim more than one nursery?
No — assistance is restricted to one unit per beneficiary.
Who can apply?
Individual beneficiaries as well as cooperatives and self-help groups.
Where do I apply?
Through your State or UT Fisheries Department under PMMSY.
Sources
Data on this page is compiled from official program and provider references.
News
- ₹154.57 crore fisheries projects approved for Jammu and Kashmir under PMMSYnewsonair.gov.in · 2 months ago
Source: Google News aggregated
