Back to Schemes
Agriculture,Rural & Environment

"Subsidy for the Purchase of Fiber-reinforced Plastic Cattamaran/ Vallam/ Wooden Nava/ Marine Plywood Canoe With Nets" under "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries"

The scheme "Subsidy for the Purchase of Fiber-reinforced Plastic Cattamaran/ Vallam/ Wooden Nava/ Marine Plywood Canoe With Nets" is introduced to increase marine fish production by extending subsidies to the fishermen for the procurement of fiber-reinforced plastic vallam with nets.

Authority

State/ UT

Region

Puducherry

Status

Verified 2026

Updated

March 2026

What you get

- 50% subsidy subject to a maximum of ₹50,000 per unit in case of fibre-reinforced plastic catamaran and marine plywood canoe with nets, linked to own finance/loan component from National Co-operative Development Corporation/bank. | - 50% subsidy subject to a maximum of ₹1,00,000 per unit in case of fibre-reinforced plastic vallam with nets, linked to own finance/loan component from National Co-operative Development Corporation/bank. | - 50% subsidy subject to a maximum of ₹40,000 per unit in respect of wooden nava with net, linked to own finance/loan component from National Co-operative Development Corporation/bank. | - 50% subsidy to a maximum of ₹5,000 per unit for the procurement of inland catamaran with nets (unit cost ₹10,000). | *The rate of subsidy may be fixed by the Government from time to time.

Who can apply

The applicant should either belong to the fishermen community or be one of those professionally engaged in fishing/fish trade occupation on a full-time basis/prospective entrepreneurs.; The applicant must have resided in the Union territory of Puducherry for a continuous period of not less than five years at the time of applying for extending subsidies/ grants.; The applicant must have been enrolled as a member of the Fishermen Co-operative Society and be above the age of 23 years and below 60 years.; The applicant must not have been a recipient of Old Age Pension, issued by the department.; The applicant should not be employed in Government/ Government Undertakings/Fishermen Co-operative Society.; The applicant must not have any dues to be paid to the Department/Fishermen Co-operative Societies at the time of making the application.; In the case of male applicants, they should possess sea fishing experience in any mechanized or motorized/non-motorized traditional crafts for a minimum period of 5 years, issued by the owners.; In the case of women applicants, they should possess five years of fish trade experience issued by the Village Panchayat concerned.; The applicant should be ready to deposit 50% of the cost of craft and net with the Federation/Marketing Union/the Fishermen Co-operative Societies as per the norms/pattern of assistance modified from time to time.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

Can the conditions for sea fishing experience be waived for male applicants, and under what circumstances?

There is no provision for waiving the sea fishing experience requirement for male applicants; it is a mandatory criterion for eligibility.

What is the unit cost for inland catamaran with nets, and how does it relate to the maximum subsidy provided?

The unit cost for inland catamaran with nets is [?]10,000, and the subsidy is capped at [?]5,000 per unit.

Is there any flexibility in the subsidy amount for fibre-reinforced plastic vallam, and what role does the applicant's financial contribution play?

The subsidy for fibre-reinforced plastic vallam is capped at [?]1,00,000 per unit, linked to the applicant's own finance or loan component from National Co-operative Development Corporation/bank, without flexibility.

Could you elaborate on the conditions associated with depositing 50% of the craft and net cost, and what entities are authorized to receive this deposit?

Applicants are required to deposit 50% of the craft and net cost with the Federation/Marketing Union/the Fishermen Co-operative Societies, adhering to specified norms/pattern of assistance.

What is the significance of the Village Panchayat certification for women applicants in the context of fish trade experience?

Women applicants need a certification from the Village Panchayat confirming a minimum of five years of fish trade experience to meet the eligibility criteria.

How is the subsidy amount determined for fibre-reinforced plastic catamaran, and is there flexibility in this rate?

The subsidy for fibre-reinforced plastic catamaran is capped at [?]50,000 per unit, and the rate may be adjusted by the Government periodically.

Regarding the subsidy for wooden nava, are there any specific conditions or modifications in the pattern of assistance?

The subsidy for wooden nava is subject to the applicant's own finance or loan component from National Co-operative Development Corporation/bank, as per the norms/pattern of assistance that may be modified over time.

Can you explain the subsidy details for the procurement of inland catamaran with nets and any changes that might occur over time?

The subsidy for inland catamaran with nets is fixed at [?]5,000 per unit (unit cost [?]10,000), and the rate of subsidy may be revised by the Government from time to time.

What percentage of the craft and net cost should the applicant be prepared to deposit, and where should this deposit be made?

The applicant is required to deposit 50% of the cost of craft and net with the Federation/Marketing Union/the Fishermen Co-operative Societies, following the specified norms/pattern of assistance.

In the context of wooden nava, what is the maximum subsidy available, and how is it linked to the applicant's financial contribution?

The maximum subsidy for a wooden nava is [?]40,000 per unit, linked to the applicant's own finance or loan component from National Co-operative Development Corporation/bank.

Can you elaborate on the eligibility criteria for male applicants seeking this subsidy, particularly in terms of sea fishing experience?

Male applicants must demonstrate a minimum of 5 years of sea fishing experience in mechanized or motorized/non-motorized traditional crafts, certified by the owners.

What is the maximum subsidy provided for a fibre-reinforced plastic catamaran, and what conditions are linked to accessing this subsidy?

The maximum subsidy for a fibre-reinforced plastic catamaran is [?]50,000 per unit, contingent on the applicant's own finance or loan from the National Co-operative Development Corporation/bank.