What financial assistance is given for oyster farming?

Several options like grants, low-interest loans, and subsidies for aquaculture is given for oyster farming.

Which govt. schemes support oyster farming?

Govt. programs like the Pradhan Mantri Matsya Smapada Yojana and state-level aquaculture schemes offer financial aid.

How can farmers apply for financial assistance?

Farmers can apply through local fisheries departments or online portals designated for government schemes.

Are there any private financing options available?

Yes, private banks and financial institutions provide loans for aquaculture businesses.

What documents are required to secure financial assistance?

Farmers need to give proof of land, project proposals, and other identification documents.

What financial assistance is given for oyster farming?

Several options like grants, low-interest loans, and subsidies for aquaculture is given for oyster farming.

Which govt. schemes support oyster farming?

Govt. programs like the Pradhan Mantri Matsya Smapada Yojana and state-level aquaculture schemes offer financial aid.

How can farmers apply for financial assistance?

Farmers can apply through local fisheries departments or online portals designated for government schemes.

Are there any private financing options available?

Yes, private banks and financial institutions provide loans for aquaculture businesses.

What documents are required to secure financial assistance?

Farmers need to give proof of land, project proposals, and other identification documents.

What financial assistance is given for oyster farming?

Several options like grants, low-interest loans, and subsidies for aquaculture is given for oyster farming.

Which govt. schemes support oyster farming?

Govt. programs like the Pradhan Mantri Matsya Smapada Yojana and state-level aquaculture schemes offer financial aid.

How can farmers apply for financial assistance?

Farmers can apply through local fisheries departments or online portals designated for government schemes.

Are there any private financing options available?

Yes, private banks and financial institutions provide loans for aquaculture businesses.

What documents are required to secure financial assistance?

Farmers need to give proof of land, project proposals, and other identification documents.

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What Financial Assistance Options Are Available For Oyster Farming?

Diya Vig

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Updated: 07-07-2025 at 5:35 PM

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The “Financial Assistance to Mussel Culture and Oyster Farming in Goa” scheme was introduced by the Department of Fisheries, Government of Goa. This govt scheme provides financial support to fishermen who are interested in setting up mussel and oyster farming units. Applications for this government scheme for oyster farming are accepted only in offline mode.

To set up a unit in estuarine waters, fishermen can get 50% of the cost covered, up to ₹25,000 per unit. They can have up to 2 units, with each unit being 4 metres by 4 metres in size. For units in the open sea, they can also receive 50% of the cost, up to ₹40,000 per unit. A maximum of 2 units is allowed, and each unit will be 6 metres by 6 metres in size.

Let’s take a look at how to apply for this government scheme.

What Is The Eligibility Criteria To Apply For This Government Scheme For Oyster Farming?

For individuals who want to apply for this government scheme, they have to ensure they meet the following eligibility criteria.

Should be a fish farmer, individual, or a member of registered self-help groups, societies, or associations interested in setting up a mussel culture or oyster farming unit in Goa.
Should have been a resident of Goa for the last fifteen years.
The applicant should have completed a training program on mussel culture or oyster farming organised by the Fisheries Department, MPEDA, ICAR, or any other recognized institute.

What Is The Application Process To Apply For This Government Scheme For Oyster Farming?

Individuals who meet the eligibility criteria can follow these steps to apply for this govt scheme.

Download the application form by clicking here.
Take a print of the application form in the prescribed format.
Fill out the application form with the necessary details.
Attach the required documents with the application form.
Submit the application form along with the documents to

Department of Fisheries

Dayanand Bandodkar Marg

Patto Colony Panaji Goa

403 521

to the official posted at BDO Office/ Sub-Offices of the Department of Fisheries.

What Are The Required Documents To Be Submitted With The Application Form?

Individuals have to attach the following documents with the application form.

Proof of identity
Two photographs
Documents for the Proof of Availability of Land (if applicable)

A. For Owners

(i) Copy of the Land Deed

(ii) Form 1 & Form 14

B. For Lease

(i) NOC from the Land Owner.

(ii) Registered Lease Agreement

Proof of Availability of Finance
Detailed Project Report
Estuarine Unit in River/Open Sea: NOC from Concerned Authority
Certificate of Experience
Expenditure Details
Design/Layout of Unit
Mandate Form

Conclusion

Oyster farming is a very famous and profitable business in Goa. The current price of the edible bivalve molluscs is Rs 400. With the help of the government scheme, people carrying out this business will be able to grow their business with the help of the financial assistance provided by the government. This will in return increase the profits and also enhance the livelihood of the people in Goa.

For any queries or complaints regarding the govt scheme for oyster farming, call 2224838 or email dir-fish.goa@nic.in. Visit Jaagruk Bharat for latest information on government schemes for farming and visit our community page if you have any queries.

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