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Agriculture,Rural & Environment

Subsidy for the Purchase of Wooden/Fiber Reinforced Plastic/Steel Mechanised Boats

The scheme "Subsidy for the Purchase of Wooden/Fiber Reinforced Plastic/Steel Mechanised Boats" is introduced by the Government of Puducherry with the objective of increasing marine fish production by extending subsidies for the procurement of wooden/fiber-reinforced plastic/steel mechanized boats.

Authority

State/ UT

Region

Puducherry

Status

Verified 2026

Updated

March 2026

What you get

- 50% subsidy subject to a maximum of ₹7,50,000 for a mechanized boat of overall length above 47 feet with nets linked with bank finance for the purchase of a new fishing vessel. | - 50% subsidy subject to a maximum of ₹11,00,000 for a steel mechanized boat of overall length 45 to 54 feet with nets, linked with bank finance for the purchase of a new fishing vessel. | - 50% subsidy to a maximum of ₹2,50,000 per boat for conversion/modernization of an existing mechanized fishing boat (unit cost ₹5,00,000). | - 50% subsidy to a maximum of ₹5,00,000 for the modernization of an existing mechanized fishing boat with a size of 43 feet and above for tuna long lining (unit cost ₹10,00,000). | *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 boat for a minimum period of 5 years.; In the case of women applicants, they should possess sufficient fishing trade experience.; In the case of entrepreneurs, they should possess fishing trade experience.

Required Paperwork

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

Common Questions

Can applicants with outstanding dues qualify for subsidies?

No, applicants must not have any outstanding dues to the Department/Fishermen Co-operative Societies at the time of application to be eligible for subsidies.

What role do Insurance Companies play in these rules?

Insurance Companies, as mentioned, are entities authorized for providing coverage for marine risks to fishing boats, a crucial aspect for registered mechanized boat operators as per the rules.

Can a person engaged in fish trade qualify for subsidies?

Yes, individuals engaged in fishing or fish trade occupations, including fish traders, are eligible for subsidies under these rules.

Can applicants be above the age of 60 and still qualify?

No, applicants must be below the age of 60 to be eligible for subsidies and grants under these rules.

What is the timeline for shortlisting eligible beneficiaries after field inquiry work commences?

Eligible beneficiaries are shortlisted within 60 days from the commencement of field inquiry work, ensuring a prompt and efficient selection process.

Who comprises the Departmental Selection Committee for the Puducherry region?

The Committee includes the Director of Fisheries and Fishermen Welfare, Joint Director, Deputy Director (Welfare), Secretary of Puducherry State Fishermen Co-operative Federation Limited, and Deputy Director (Mechanisation).

How is the genuineness of applications verified?

Applications undergo field inquiry by an officer not below the rank of Sub-Inspector of Fisheries, with verification and recommendations by the scheme implementing officer, typically an Assistant Director or Deputy Director of Fisheries.

Who is considered a "Registered Boat" under these rules?

Registered Boats refer to mechanized boats that are both registered and assigned numbers by the Department of Fisheries and Fishermen Welfare in Puducherry.

What is the subsidy percentage for the purchase of a new fishing vessel with an overall length between 45 to 54 feet, including nets?

The subsidy is 50% of the unit cost, subject to a maximum of [?]11,00,000.

What is the subsidy percentage for the conversion/modernization of an existing mechanized fishing boat with a unit cost of ₹5,00,000?

The subsidy is 50% of the unit cost, up to a maximum of [?]2,50,000.

Is there a specific overall length requirement for mechanized boats eligible for subsidy in the tuna long lining category?

The mechanized boat should have a size of 43 feet and above to be eligible for subsidy in the tuna long lining category.

What is the maximum subsidy amount for the modernization of an existing mechanized fishing boat with a unit cost of ₹10,00,000?

The subsidy for modernization is capped at [?]5,00,000, which is 50% of the unit cost.