MySubsidy

PMMSY Seaweed Culture Rafts

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

PMMSY funds seaweed cultivation with ₹600–900 per raft, capped at 15 rafts per member and 500 per society.

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

Key facts

Subsidy amount
₹600 – ₹900
Instrument
Subsidy
Deadline
Rolling
Disbursement
Released against milestones

About this scheme

The Department of Fisheries, through the Pradhan Mantri Matsya Sampada Yojana (PMMSY), provides support for setting up seaweed culture rafts along with their inputs. This falls under item 2.5 of the scheme's mariculture activity list.

Each raft carries a benchmarked unit cost of ₹0.015 lakh. For a general beneficiary, government assistance amounts to ₹0.006 lakh (₹600) per raft, while an SC/ST/Women beneficiary receives ₹0.009 lakh (₹900) per raft. A single member may claim assistance for up to 15 rafts, and a group or society faces an overall ceiling of 500 rafts. A society with 35 members operating at that ceiling can therefore be supported on a commercially meaningful scale.

Applications are routed 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

- Fishermen or fisherwomen cooperative societies - SC/ST cooperative societies - Women self-help groups - A cap of 15 rafts per member applies, with a ceiling of 500 rafts per group or society - The higher per-raft rate is payable to SC/ST and women beneficiaries

How to apply

- Set up a fisher cooperative society or a women's self-help group, or use one that already exists, and keep a record of how many members it has - Work out a proposal for the number of rafts required, calculating at ₹0.015 lakh per raft unit, staying within the limits of 15 rafts per member and 500 rafts per society - Send the proposal, along with the society's registration papers and the member list, to the District or State Fisheries Officer under PMMSY - The State Fisheries Department assesses the proposal and grants sanction for it under the Annual Action Plan - Funds are disbursed once the rafts that have been deployed are 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, rank them within the outlay fixed in the approved Annual Action Plan, and pass them on for sanction. Assistance is released only after the asset created has been physically verified.

Frequently asked questions

How much assistance per raft?

The cost per raft unit is ₹0.015 lakh, of which a general beneficiary pays ₹0.006 lakh (₹600) and an SC/ST or woman beneficiary pays ₹0.009 lakh (₹900).

How many rafts can we claim?

Each member may receive up to 15 rafts, and a group or society is capped at 500 rafts in total.

Who can apply?

Fishermen and fisherwomen cooperative societies, SC/ST cooperative societies, and women self-help groups are eligible.

Are inputs covered?

Yes, the unit cost of the raft covers inputs including seed material.

Where do we apply?

Apply through your State or Union Territory Fisheries Department, which administers the PMMSY scheme.

Sectors

  • Agri Food Rural
  • Mariculture
  • Fisheries
  • Seaweed Farming
  • Pmmsy
  • Capital Subsidy
  • Shg
  • Cooperative

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