"Annual Insurance Premium for Boat Owners" under "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries"
✓ Information verified — June 2026"Annual Insurance Premium for Boat Owners" under "Financial Assistance for Availing Subsidy Components for the Development of Marine Fisheries" is introduced to increase marine fish production through subsidies for the annual premiums for insurance coverage paid by the mechanized boat operators.
What You Get
- Subsidy on annual insurance premium costs for mechanized boats
- Financial assistance to reduce out-of-pocket insurance expenses
- Support for marine fishermen to maintain boat insurance coverage
- Helps increase marine fish production through protected fishing operations
Who Can Apply
- Age: 23–60 years
- Residence: Puducherry residents only
- Must be a mechanized boat owner or operator
- Should be engaged in marine fishing activities
- Must be a resident of Puducherry
- Boat should be registered for commercial fishing
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. Boat Registration Certificate
- 3. Insurance Policy Document
- 4. Bank Passbook
- 5. Fishing License
- 6. Address Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Puducherry
- Category
- Agriculture
- Target Gender
- All genders
- Age Group
- 23–60 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/aipbo-faascd…Related Schemes
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