"Conversion/Modernisation of Mechanised Fishing Boats for Deep Sea Fishing" under "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries"

50% subsidy subject to a maximum of ₹ 2,50,000 per boat linked to bank finance.

> *The rate of subsidy/maximum limit may be revised by the Government from time to time.

• 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 mechanized boat should be registered.
• The hull should be extended above 47 feet of overall length procured and fixed with a new hydraulic winch, steel ropes, global positioning system, echo sounder, inbuilt insulated ice-box, life savings appliances, etc.
• The applicant must have obtained a provisional loan sanction order from the bank.

Step 1: The interested applicant should visit the Office/ Sub-Office of the Department of Fisheries and Fishermen Welfare.

Step 1: The interested applicant should request the hard copy of the prescribed format of the application form from the concerned authority.

Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.

Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).