PMMSY Freshwater Finfish Hatchery
Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India · Central government
PMMSY offers up to ₹15 lakh in capital subsidy to set up a new freshwater finfish hatchery.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- ₹10,00,000 – ₹15,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Released against milestones
About this scheme
The Department of Fisheries, through the Pradhan Mantri Matsya Sampada Yojana (PMMSY), funds the setting up of new freshwater finfish hatcheries. This falls under item 1.1 of the scheme's activity list, as a beneficiary-oriented activity.
One hatchery carries a unit cost benchmark of ₹25.00 lakh. Against this, government assistance stands at ₹10.00 lakh for a general beneficiary and ₹15.00 lakh for an SC/ST/Women beneficiary. The remaining amount is the promoter's own contribution, usually arranged through own funds or bank finance.
Applicants route their proposals via the State/UT Fisheries Department. That department appraises each proposal and forwards it for sanction under the state's Annual Action Plan.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not required
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Not restricted
- Applicant must be an individual beneficiary establishing a new freshwater finfish hatchery. - Beneficiaries under the general category are eligible for assistance at the lower rate. - Beneficiaries belonging to SC/ST and women beneficiaries are eligible for assistance at the higher rate. - The unit must be a new hatchery, with the unit cost benchmarked at ₹25.00 lakh.
How to apply
1. Draft a project proposal or Detailed Project Report (DPR) for the new freshwater finfish hatchery, working to the unit cost of ₹25.00 lakh. 2. File it with the District or State Fisheries Officer under PMMSY. 3. Attach identity proof, documents establishing ownership or lease of the land or water body, and the category certificate where the SC/ST/Women rate is being claimed. 4. The State Fisheries Department carries out appraisal and places the proposal in the Annual Action Plan. 5. Funds are disbursed post-sanction, linked to verified progress of the hatchery.
How applications are assessed
State and UT Fisheries Departments assess proposals for conformity with PMMSY activity norms and unit costs. Those that qualify are ranked by priority within the outlay set out in the approved Annual Action Plan, then sent forward for sanction. Assistance is released only after the asset created has been physically verified.
Frequently asked questions
How much assistance do I get?
General beneficiaries can receive ₹10.00 lakh, while SC/ST or woman beneficiaries can receive ₹15.00 lakh, against a benchmarked unit cost of ₹25.00 lakh per hatchery.
Who can apply?
Who can apply to set up a new freshwater finfish hatchery? Individual beneficiaries are eligible to propose such a hatchery.
Do I have to fund part of the project myself?
Yes. The government meets part of the ₹25.00 lakh unit cost, and the beneficiary covers the remainder, typically through own funds and bank finance.
Where do I apply?
Submit your proposal through your State or Union Territory Fisheries Department, which incorporates it into the state's Annual Action Plan under PMMSY.
Sectors
- Agri Food Rural
- Aquaculture
- Fisheries
- Hatchery
- Pmmsy
- Capital Subsidy
- Rural Enterprise
Details last verified on 18 September 2026. Source: the issuer's published information.