Financial Assistance for Construction/ Purchase of Wooden/ FRP Fishing Vessel (Canoe) for Fishermen

About This Scheme

The scheme “Financial Assistance for Construction/ Purchase of Wooden/ FRP Fishing Vessel (Canoe) for Fishermen” is a scheme by the Department of Fisheries, Government of Goa. Through this scheme, 50% of the actual cost of the Wooden/ Fiber-Reinforced Plastic (FRP) Fishing Vessel (Canoe) purchased by the fishermen is covered by the Government of Goa. The applicant will be entitled to a subsidy grant once every four years on one craft per family household.

Eligibility

- The applicant should be a traditional fisherman by birth or profession. - The applicant should be a resident of Goa. - The applicant or any member of his household should not be a defaulter with the Directorate of Fisheries, Goa. - The canoe purchased through the scheme should be duly registered with the Directorate of Fisheries under the Marine Fishing Regulation Act (MFR) Act 1980/ Merchant Shipping (MS) Act. - The applicant shall not sell, lease, mortgage, or transfer the wooden/ FRP craft for 5 years from the date of purchase of the said wooden/FRP craft. - The wooden/FRP craft purchased should have been operated exclusively for fishing purposes only.

Benefits

- For General Category, 50% subsidy, limited to ₹ 60,000/-- For SC/ST Category, 50% subsidy, limited to ₹ 80,000/- - The applicant will be entitled to a subsidy grant once every four years on one craft per family household.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.