Subsidy for the Purchase of Wooden/Fiber Reinforced Plastic/Steel Mechanised Boats

The scheme "Subsidy for the Purchase of Wooden/Fiber Reinforced Plastic/Steel Mechanised Boats" is introduced by the Government of Puducherry with the objective of increasing marine fish production by extending subsidies for the procurement of wooden/fiber-reinforced plastic/steel mechanized boats.

Puducherry | subsidy | business

Benefits

50% subsidy up to ₹11,00,000 for new boats, ₹2,50,000 for conversion/modernization, ₹5,00,000 for tuna long lining modernization

Eligible categories: General

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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.