Goa Govt.

Financial Assistance for Wooden or FRP Fishing Vessel Construction by Govt of Goa

By TEAM CIRCULAR EXPRESS • 17 Oct 2026

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• This scheme provides financial assistance to fishermen for the construction or purchase of wooden or FRP fishing vessels (canoes).
• General category applicants receive 50% subsidy up to Rs. 60,000, while SC/ST applicants receive 50% up to Rs. 80,000.
• Applicants must possess valid vessel registration, fishing licenses, and meet specific vessel length requirements of 26 to 38 feet to be eligible for the grant.

purpose of issuance

To provide financial assistance for the construction or purchase of wooden or FRP fishing vessels (canoes) to eligible fishermen in Goa.

Most Important Details

Subsidy is 50% of actual cost, capped at Rs. 60,000 for General and Rs. 80,000 for SC/ST categories. Grant is available once every four years per family household for vessels between 26 and 38 feet in length.

eligibility

Must possess valid vessel registration under Merchant Shipping Act 1958, valid fishing and net licenses, and not be a defaulter. Applicant or family must not own a trawler or purse-seine vessel. SC/ST applicants need a valid caste certificate.

Name of the scheme

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