FGRMB-FAASCDMF
What this is
The scheme "Financial Grant for Reactivation of Mechanised Boats" is introduced by the Govt of Puducherry with the objective of increasing marine fish production by extending financial grants for the reactivation of wooden/steel mechanized boats.
In detail
The scheme "Financial Grant for Reactivation of Mechanised Boats" is a Sub-Component under the Umbrella Scheme "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries" by the Department of Fisheries and Fishermen Welfare, Government of Puducherry. The scheme is introduced with the objective of increasing marine fish production by extending financial grants for the reactivation of wooden/steel mechanized boats.
Who qualifies
- 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.
- The applicant should possess a registered mechanized boat.
- The applicant should have carried out overhauling/ repairs to the engine/hull during the notified fishing ban period and should not have ventured fishing during the notified ban on fishing periods.
What you get
A financial grant for the reactivation of a registered wooden/steel mechanized boat will be extended at ₹ 10,000 per boat and ₹ 5,000 for a registered fiber-reinforced plastic mechanized boat.
**The grant is subject to revision as and when approved by the Government from time to time.*
not about the scheme.
Provenance
| schemeName | "Financial Grant for Reactivation of Mechanised Boats" under "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries" | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |