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Financial Assistance to Take up Value Addition to Seafood

StateGoaAgriculture, Rural & Environment

Through this scheme, individuals who have been residents of Goa for the last 15 years, and are interested in setting up a unit for value-added fisheries products are provided financial assistance as a subsidy of 50% of the cost for the Construction or Renovation of the Unit/ Purchase of Equipment.

Department
Fisheries Department
Who it is for
Individual

About FATUVAS

“Financial Assistance to Take up Value Addition to Seafood” is a scheme by the Department of Fisheries, Government of Goa. Through this scheme, individuals who have been residents of Goa for the last 15 years, and are interested in setting up a unit for value-added fisheries products are provided financial assistance as a subsidy of 50% of the cost for the Construction or Renovation of the Unit or for the Purchase of Equipment. The applications are accepted only in offline mode.

Benefits

Financial Assistance for Construction or Renovation of the Unit

50% subsidy of the cost, limited to ₹5,00,000 per unit.

Financial Assistance for Purchase of Equipment

50% subsidy of the cost, limited to ₹2,00,000 per unit.

Who can apply (eligibility)

  • The applicant should be an individual interested in setting up a unit for value-added fisheries products.
  • The applicant should be a resident of Goa for the last 15 years.

Reservation/ Relaxation/ Preference/ Priority

Preference will be given to self-help groups, women entrepreneurs, and youth (who have completed fishermen training courses/short-term training programs conducted by the Directorate of Fisheries).

How to apply

Offline application

Step 1: The interested applicant should request the prescribed format of the application form from the department.

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 at the Department of Fisheries, Dayanand Bandodkar Marg, Patto Colony, Panaji Goa - 403 521, or to the official posted at BDO Office/ Sub-Officesof the Department of Fisheries.

Grievance Redressal

Any dissatisfaction or complaint about any service or its standards can be registered with the Department's Grievance Redressal Officer. The grievance can also be lodged on the link [email protected] . All complaints will be acknowledged by us and final action taken will be communicated within 30 days.

Official links and guidelines

Scheme details can change. Verify eligibility, amounts and deadlines on the official portal or at your local agriculture office before applying. Content is compiled from official government sources (myScheme, Government of India). Last synced 2 Oct 2026.

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