This scheme offers a 10% subsidy to help eligible individuals and groups set up essential infrastructure like Read More... ice plants, cold storage, and fish processing units to better preserve fishery products. Read less
Details
India's fisheries sector is vital, and keeping fish fresh from catch to market is key. The Department of Fisheries and Fishermen Welfare has introduced a scheme to boost this by providing financial help to set up crucial facilities.
The 'Grant of Subsidy For Setting up of Ice-Plant /Cold Storage/Fish Processing Unit' is a government initiative designed to support the preservation of fish and fishery products. It aims to encourage the establishment of Ice Plant-cum-Cold Storage Units and Fish Processing Units across the country. Eligible individuals and organisations can receive a significant subsidy to kickstart these ventures.
This scheme is tailored for those looking to invest in fisheries infrastructure. This includes individuals from the private sector, individual fishermen and fisherwomen, cooperative societies, and entrepreneurs who wish to contribute to the fish value chain.
By providing financial assistance for setting up ice plants, cold storage, and processing units, the scheme directly addresses the critical need for better fish preservation. This not only reduces wastage but also helps increase the shelf life of fish and fishery products, leading to better market access and economic opportunities for those involved in the fisheries sector.
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Sources and references
The scheme is implemented by the Department of Fisheries and Fishermen Welfare, Government of India. Applications are invited periodically. While the input JSON doesn't specify a direct application link or a detailed offline process, potential applicants should look out for official notifications from the Department. Generally, the subsidy amount is released to the bank once a provisional loan sanction order is received.
For the latest updates and detailed application procedures, please refer to the official website of the Department of Fisheries and Fishermen Welfare, Government of India.
What's the maximum subsidy I can get for setting up a fish processing unit?
For setting up a fish processing unit, the maximum subsidy you can receive under this scheme is ₹10,00,000 per unit.
Who is eligible to apply for this scheme?
The scheme is open to Private Sector entities, individual Fishermen and Fisherwomen, Fishermen/Fisherwomen Cooperative Societies, and Entrepreneurs.
Can I get help to build community halls using this scheme?
Yes, the scheme provides grant-in-aid not only for ice plants and processing units but also for the construction of community halls, among other related infrastructure.
What if I've already received a loan or subsidy for a similar project?
You cannot avail this subsidy if you have already received any loan or subsidy from another source for the same project you are applying for. This needs to be declared.
How is the subsidy amount typically given out?
The subsidy amount is usually released directly to the bank account of the beneficiary once the bank has sanctioned the loan amount for the project.
What are the age limits for applicants?
To be eligible for this scheme, applicants must be between 18 and 50 years old.
Does this scheme cover both building new fishing facilities and maintaining existing ones?
Yes, the grant-in-aid provided by the scheme can be used for both the construction and the ongoing maintenance of various fishing-related infrastructure.
What is the maximum subsidy for an ice plant or cold storage unit?
For setting up an Ice Plant-cum-Cold Storage Unit, the maximum subsidy available is ₹3,00,000 per unit.
What kind of documents do I need to submit?
You will need to provide proof of age, an affidavit confirming you haven't received similar aid elsewhere, a provisional bank loan sanction order, and necessary approvals from relevant authorities.
When does the Department of Fisheries and Fishermen Welfare accept applications?
The department announces opportunities to apply for this subsidy from time to time. It's advisable to keep an eye on their official notifications.
Are there specific approvals needed besides the bank loan?
Yes, you will need to obtain necessary approvals from various authorities, which could include the Municipality, Department of Science and Technology, Inspector of Factories and Boilers, and the Agriculture Department, among others.
What specific infrastructure can receive grant-in-aid under this scheme?
The scheme offers grant-in-aid for a range of infrastructure including fishing harbours, fish landing centres, jetties, drying platforms, fish curing yards, work sheds, cyclone shelters, and community halls.