The India Aquaculture Insurance Scheme 2025 is now officially active, providing vital financial protection to lakhs of fish farmers across the country. This government-backed initiative is designed to reduce the impact of climate change, disease outbreaks, and natural calamities on aquaculture businesses. Fish farmers now have access to a dedicated risk protection system that ensures long-term sustainability in one of India’s fastest-growing agricultural sectors.
As part of the broader risk cover scheme initiatives, the scheme offers compensation for losses due to fish mortality, pond damage, or disease—giving peace of mind to those engaged in fish farming insurance.
What is the India Aquaculture Insurance Scheme 2025?
The India Aquaculture Insurance Scheme 2025 is a structured government scheme under the Ministry of Fisheries, Animal Husbandry & Dairying, aimed at safeguarding fish farmers against economic losses arising from uncontrollable risks. The scheme is supported by both central and state governments and covers a wide variety of aquaculture systems including inland fisheries, shrimp farms, and integrated fish farming units.
Key features of the scheme include:
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Insurance coverage for fish, shrimp, and other aquatic species
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Financial support for damaged infrastructure like tanks, ponds, aerators, and pipelines
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Low premium rates starting from 1.5% to 3% of the sum insured
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Special provisions for SC/ST, women, and small-scale fish farmers
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Government subsidy of up to 50% of the premium cost
This focused fish farming insurance model is India’s most inclusive and extensive coverage for the aquaculture sector to date.
Eligibility Criteria for the Insurance Scheme
The government has laid down simple eligibility norms to help maximize participation under the India Aquaculture Insurance Scheme 2025. The focus is on accessibility, transparency, and support for small and marginal farmers who form the backbone of the sector.
Eligibility includes:
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Applicant must be an Indian citizen engaged in aquaculture or fish farming
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Must possess valid documentation of ownership or lease of the fish farming site
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Water bodies must be scientifically prepared and stocked as per guidelines
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Registration with the local fisheries department is mandatory
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Enrollment under the scheme must be done before stocking
This risk cover scheme supports both traditional and advanced aquaculture practices across inland and coastal areas.
Premium Structure and Subsidy Details
The government has ensured that the India Aquaculture Insurance Scheme 2025 remains affordable and inclusive for all categories of fish farmers.
Premium and subsidy structure:
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General Category Farmers: Pay approx. 3% of the insured amount
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SC/ST and Women Farmers: Subsidized premium at approx. 1.5%
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Maximum sum insured is based on production cost and species type
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Government bears up to 50% of the total premium under the subsidy model
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Premium payments can be made via bank transfers or CSC centers
This makes the fish farming insurance model economically feasible, encouraging wide participation and timely renewals.
Claim Process and Payout Timelines
The India Aquaculture Insurance Scheme 2025 comes with a simplified claim process to ensure timely compensation and farmer satisfaction. Claim settlement is initiated after proper field verification and report submission.
Claim steps:
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Inform the insurer or nodal officer within 24–48 hours of the incident
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Submit a claim form along with the incident details and photographic evidence
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Insurer conducts an on-site inspection with the fisheries department
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Loss assessment is completed and verified
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Claim amount is directly transferred to the farmer’s bank account
The process is designed to complete within 15–30 days of claim submission, making the risk cover scheme highly reliable and farmer-centric.
FAQs
What is the India Aquaculture Insurance Scheme 2025?
It is a government-supported scheme that provides insurance coverage to fish farmers against losses caused by disease, natural calamities, or infrastructure damage.
Who is eligible to apply for fish farming insurance?
Any Indian citizen involved in fish or shrimp farming with valid land/lease documents and registration under the fisheries department is eligible.
What risks are covered under this risk cover scheme?
The scheme covers fish mortality, disease outbreak, natural calamities, pond infrastructure damage, and input losses.
How much premium do I need to pay?
Premiums range from 1.5% to 3% of the insured amount. SC/ST and women farmers get the lowest rates under the subsidy provision.
How do I file a claim?
You must inform the insurer within 24–48 hours of the incident, fill out a claim form, and undergo a verification process. Approved claims are paid directly to your account.
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