Basic Plan
₹****All inclusive
- Professional consultation
- Document preparation
- Government filing
Here are some important benefits of this fund are
Subsidized Loans: FIDF offers subsidized loans to eligible individuals, cooperatives,
and organizations involved in fisheries infrastructure development projects. These
loans have lower interest rates or other favorable terms compared to regular
commercial loans, making them more accessible to beneficiaries.
Infrastructure Development Projects: FIDF supports infrastructure development projects
related to fishing harbors, fish landing centers, fish markets, processing units,
cold chain infrastructure, and aquaculture facilities. Financial assistance is
provided to fund the construction, modernization, and expansion of such infrastructure.
Technology Adoption: The fund incentivizes the adoption of modern technology and practices
in fisheries infrastructure development. Incentivization include subsidies or
grants for the purchase of equipment, machinery, and technology aimed at
improving efficiency, productivity, and sustainability in the fisheries sector.
Capacity Building: FIDF allocates funds for capacity building initiatives, including
training programs and workshops, to enhance the skills and knowledge of stakeholders
involved in fisheries infrastructure development, management, and operation.
Research and Development: FIDF also supports funds allocated towards research
and development activities aimed at advancing technologies, techniques, and innovations
in fisheries infrastructure development and management.
Sustainability Initiatives: FIDF promote sustainability initiatives in fisheries
infrastructure development, such as projects focused on eco-friendly practices,
resource conservation, and environmental protection.
Subsidies for Specific Components: Depending on the specific requirements and priorities, FIDF offer subsidies for particular components of fisheries infrastructure projects, such as the construction of fishing harbors, installation of cold storage facilities, or procurement of processing equipment.
A clear, structured delivery process from start to finish
CA/CS specialist reviews your requirements and confirms scope.
We share a checklist and collect through our secure portal.
Our team files all applications with government authorities.
Certificates and audit-ready documentation delivered on time.
Practical answers curated by our CA and CS desks for FISHRIES INFRA DEV FUND.
It is a government initiative to provide concessional loans and infrastructure support for fisheries and aquaculture, aiming to build modern facilities and boost production.
Eligible entities include state
governments/UTs, fisheries cooperatives, SHGs, individual entrepreneurs
(including women, SC/ST), and private companies engaged in fisheries
infrastructure.
To reduce infrastructure gaps in fisheries — such as cold chains, processing units, and harbours — while improving fish production, reducing post-harvest losses, and supporting value addition.
Projects like ice plants, cold storages, fish landing centres, modern fish markets, aquaculture units, fish processing units, and fish logistics facilities are eligible.
The scheme allows up to 80% of the estimated or actual project cost to be financed under eligible projects
Typically, the beneficiary must provide at least 20% of the project cost as margin money; this may vary for state-level projects.
The scheme provides an interest
subvention of up to 3% per annum for eligible fisheries infrastructure
activities.
No fixed limits are set; support depends on project feasibility and adherence to guidelines.
Applicants must prepare a detailed project report, submit it through the nodal agency, and secure financing approval from the designated bank or lending institution.
The maximum repayment period is up to 12 years, including a 2-year moratorium on principal repayment.
Beneficiaries must ensure proper utilization of funds, maintain project records, and submit regular progress reports as per scheme norms.
Non-compliance can lead to withdrawal of benefits, recovery of subsidy, or disqualification from future assistance.
Access to large-scale credit, interest subsidy, better fisheries infrastructure, improved production, and enhanced market access.
Challenges include preparing viable project reports, arranging margin money, managing project timelines, and ensuring repayment discipline.
Avoid incomplete applications, inaccurate cost estimates, poor site selection, and lack of operational planning.
Prepare a detailed DPR, choose proven technology, secure necessary approvals, arrange funds early, and maintain close project monitoring.
Choose the plan that fits your requirements
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