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Financial Assistance to Take up Value Addition to Seafood

FATUVAS

Published: Oct 2026

4 min read

Reviewed by Navin, Editor · First published: 3 Oct 2026

Financial Assistance to Take up Value Addition to Seafood
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Written by Navin · Editor, tsmpb.inUpdated: 17 Oct 2026 · How we verify scheme facts

About this agriculture scheme

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.

โ€œFinancial Assistance to Take up Value Addition to Seafoodโ€ 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 at a glance

Scheme nameFinancial Assistance to Take up Value Addition to Seafood (FATUVAS)
Launched byFisheries Department
Benefit typeCash (money paid to your bank account)
CategoryAgriculture
Level / StateState ยท Goa
Official portalfisheries.goa.gov.in (link at the end of this page)

Key facts

Scheme forIndividual
Application modeOffline
Last dateOngoing (no last date notified)
DBT (direct bank transfer)No
Age18 to 80 years

Who can apply (quick check)

  • ๐Ÿ‘คAll genders
  • ๐ŸŽ‚Age 18 to 80 years
  • ๐Ÿ“Offline

Quick check from official data. Full conditions are in the Eligibility section.

What you receive

Financial Assistance for Construction or Renovation of the Unit

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

Financial Assistance for Purchase of Equipment

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

Who qualifies

  • 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).

Papers to keep ready

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Registration walkthrough

Offline

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-Offices of 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 dir-fish.goa@nic.in. All complaints will be acknowledged by us and final action taken will be communicated within 30 days.

Frequently asked questions

What is the website link for accessing the guidelines and Citizen Charter related to the scheme?

Guidelines: https://fisheries.goa.gov.in/schemes-services/
Citizen Charter: https://fisheries.goa.gov.in/wp-content/uploads/2023/07/CitizenCharter-2.pdf

Are there any specific training programs that enhance the chances of selection for youth applicants?

Youth who have completed fishermen training courses/short-term programs by the Directorate of Fisheries receive preference.

What does the financial assistance cover for the purchase of equipment under the scheme?

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

Can the application be submitted online, and what is the contact information for submitting it offline?

No, applications are accepted only offline. Submit the form and documents to the Directorate of Fisheries or BDO Office/Sub-Offices.

Is there any application fee for the scheme, and where can applicants find the prescribed format for the application form?

No application fee. The prescribed format is available on the Department's website: https://fisheries.goa.gov.in/schemes-services/

How can applicants ensure their complaints are acknowledged, and what is the expected timeline for resolution?

Complaints can be lodged at dir-fish.goa@nic.in, and all complaints will be acknowledged. Final action communicated within 30 days.

What are the mandatory documents required for the application process?

Detailed Project Report, Proof of Land/Ownership, Identity Proof, Residence Certificate for 15 Years, and relevant documents for groups.

Could you explain the grievance redressal process for dissatisfaction or complaints?

Register complaints with the Grievance Redressal Officer or via dir-fish.goa@nic.in. All complaints will be acknowledged, and action communicated within 30 days.

Are there any preferences given to certain groups during the selection process?

Preference is given to self-help groups, women entrepreneurs, and youth who have completed specific fisheries training programs.

Can you clarify the application mode and deadline for submissions?

The application mode is offline, and there is no specified deadline for submissions.

What is the maximum subsidy provided for the Construction or Renovation of the unit under the scheme?

50% subsidy, limited to Rs. 5,00,000 per unit.

Is there a specific age limit for applicants under the scheme, and are there any considerations for Persons with Disabilities (PwDs)?

No age-related criteria, and there are no specific criteria for PwDs.

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