PMMSY Marine Finfish Hatchery
By Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India
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Quick Answer
PMMSY capital subsidy of up to ₹30 lakh for establishing a small marine finfish hatchery.
- Funding amount
- ₹20L – ₹30L
- 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 establishment of small marine finfish hatcheries (item 2.1 of the scheme's mariculture activity list) — the seed supply that open-sea cage and coastal grow-out farming depends on.
The benchmarked unit cost is ₹50.00 lakh per hatchery. Government assistance is ₹20.00 lakh for a general beneficiary and ₹30.00 lakh for an SC/ST/Women beneficiary, with the balance met by the promoter.
Proposals are made through the State/UT Fisheries Department and sanctioned within the state's Annual Action Plan.
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
- ₹20L – ₹30L
What You Get
Central assistance towards the capital cost of a small marine finfish hatchery, benchmarked at ₹50.00 lakh. A general beneficiary receives ₹20.00 lakh; an SC/ST or woman beneficiary receives ₹30.00 lakh. The balance is the promoter's own contribution, commonly part-financed by a bank.
- 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 marine finfish hatchery at the ₹50.00 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?
₹20.00 lakh for a general beneficiary and ₹30.00 lakh for an SC/ST or woman beneficiary, against a ₹50.00 lakh unit cost.
Who can apply?
Individual beneficiaries proposing to establish a small marine finfish hatchery.
What does the hatchery supply?
Marine finfish seed for mariculture — open-sea cages, nurseries and coastal grow-out systems.
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
