PMMSY Marine Finfish Hatchery
Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India · Central government
PMMSY offers up to ₹30 lakh in capital subsidy to set up a small marine finfish hatchery.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- ₹20,00,000 – ₹30,00,000
- 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 small marine finfish hatcheries. This falls under item 2.1 of the scheme's mariculture activity list. Such hatcheries produce the seed that open-sea cage farming and coastal grow-out farming rely on.
Each hatchery carries a benchmarked unit cost of ₹50.00 lakh. Against this, government assistance stands at ₹20.00 lakh for a general beneficiary and ₹30.00 lakh for a beneficiary belonging to SC/ST/Women categories. The promoter bears the remaining amount.
Applications route through the State/UT Fisheries Department, and approval happens within 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
- Small marine finfish hatchery units may be set up by individual beneficiaries. - Beneficiaries falling under the general category are extended assistance at the lower rate. - Beneficiaries belonging to SC/ST and women beneficiaries are extended assistance at the higher rate. - The unit cost is benchmarked at ₹50.00 lakh per hatchery.
How to apply
- Draft a project proposal or DPR for the marine finfish hatchery, working to the unit cost of ₹50.00 lakh - File it with the District or State Fisheries Officer under PMMSY - Enclose documents for the coastal site, seawater intake and land, along with a category certificate if the higher rate is being claimed - The State Fisheries Department appraises the proposal and sanctions it under the Annual Action Plan - Funds are released once progress on the hatchery has been verified
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 fixed 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?
The maximum subsidy is ₹20.00 lakh for a general beneficiary and ₹30.00 lakh for a beneficiary who is SC/ST or a woman, calculated against a unit cost of ₹50.00 lakh.
Who can apply?
Who can apply to set up a small marine finfish hatchery? Individual beneficiaries are eligible to propose the establishment of a small marine finfish hatchery.
What does the hatchery supply?
What is marine finfish seed used for in mariculture? It supports open-sea cages, nurseries and coastal grow-out systems.
Where do I apply?
Apply through the Fisheries Department of your State or Union Territory under the PMMSY scheme.
Sectors
- Agri Food Rural
- Mariculture
- Fisheries
- Marine Finfish
- Hatchery
- Pmmsy
- Capital Subsidy
Details last verified on 18 September 2026. Source: the issuer's published information.