MySubsidy

PMMSY Marine Finfish Nursery

Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India · Central government

PMMSY provides ₹6–9 lakh to fund one marine finfish nursery rearing unit producing 2 lakh fingerlings annually.

Open, rolling. Applications are accepted continuously — there is no deadline.

Key facts

Subsidy amount
₹6,00,000 – ₹9,00,000
Instrument
Subsidy
Deadline
Rolling
Disbursement
Released against milestones

About this scheme

The Department of Fisheries, through the Pradhan Mantri Matsya Sampada Yojana (PMMSY), funds marine finfish nurseries. This activity appears at item 2.3 in the scheme's mariculture activity list and covers the rearing stage that falls between hatchery seed and cage grow-out.

A unit cost of ₹15.00 lakh serves as the benchmark. Against this, a general beneficiary receives ₹6.00 lakh in government assistance, while an SC/ST/Women beneficiary receives ₹9.00 lakh. Support is capped at one unit, which must have a production capacity of 2 lakh fingerlings a year and occupy a minimum area of 500 sqm.

Applications go through the State/UT Fisheries Department.

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

- Individual beneficiaries, cooperatives and self-help groups are eligible. - Only one unit per beneficiary is permitted, with a minimum area of 500 sqm. - The unit must possess a production capacity of 2 lakh fingerlings per year. - Beneficiaries belonging to SC/ST categories and women receive assistance at the higher rate.

How to apply

1. Draft a proposal for a nursery covering a minimum of 500 sqm, with a capacity of 2 lakh fingerlings annually, at a unit cost of ₹15.00 lakh. 2. File the proposal with your District or State Fisheries Officer under PMMSY. 3. Enclose documents establishing the site and area, particulars of the seed source, and a category certificate if you are claiming the higher rate. 4. The State Fisheries Department appraises and sanctions the proposal under the Annual Action Plan. 5. Assistance is released once the nursery has been verified.

Apply on the issuer's site

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 passed on for sanction. Assistance is released only after the asset created has been physically verified.

Frequently asked questions

How much assistance do I get?

The subsidy amount is ₹6.00 lakh for a general beneficiary and ₹9.00 lakh for an SC/ST or woman beneficiary, calculated against a unit cost of ₹15.00 lakh.

What size must the nursery be?

A minimum of 500 sqm is required, along with a production capacity of 2 lakh fingerlings annually.

Can I claim more than one nursery?

No. A beneficiary may receive assistance for only one unit.

Who can apply?

The scheme is open to individual beneficiaries, cooperatives and self-help groups.

Where do I apply?

Apply through your State or UT Fisheries Department under PMMSY.

Sectors

  • Agri Food Rural
  • Mariculture
  • Fisheries
  • Fingerling Nursery
  • Pmmsy
  • Capital Subsidy
  • Shg

Details last verified on 18 September 2026. Source: the issuer's published information.