10% Subsidy Up to ₹10 Lakh for Ice Plants, Cold Storage & Fish Processing Units

” Grant of Reimbursement for setting up Ice-Plant / Cold Storage / Fish Processing Unis ” is to provide the aquaculture sector with financial assistance to businesses covered under fisheries infrastructure development. Ice Plants, Cold storages and Fish Processing Units will be maintainable by the fish and fishery products preservation. The beneficiaries are the private sector, fishermen, cooperative groups and entrepreneurs.


Benefits

  1. Ice Plant-cum-Cold Storage:
    • Subsidy: 10% of the cost, up to a maximum of ₹3,00,000 per unit.
  2. Fish Processing Unit:
    • Subsidy: 10% of the cost, up to a maximum of ₹10,00,000 per unit.
  3. Additional Grants:
    • Grant-in-aid for the construction and maintenance of fishing harbors, fish landing centers, jetties, fish drying platforms, fish curing yards, work sheds, cyclone shelters, and community halls.

Eligibility Criteria

  1. Entities Eligible:
    • Private Sector
    • Fishermen and Fisherwomen Cooperative Societies
    • Entrepreneurs
  2. Age Limit:
    • Applicants must be between 18 and 50 years old.
  3. Loan/Subsidy Restrictions:
    • Applicants must not have availed of any other loan or subsidy for the intended purpose.

Application Process

Mode: Offline

Steps to Apply:

  1. Collect Application Form:
  2. Fill Application Form:
    • Complete all mandatory fields.
    • Attach a passport-sized photograph and self-attested copies of required documents.
  3. Submit Application:
    • Submit the duly filled application form and documents to the concerned authority.
  4. Acknowledge Submission:
    • Request a receipt or acknowledgment containing the submission date, time, and unique identification number.

Documents Required

  1. Proof of Age (e.g., Birth Certificate, Aadhaar Card).
  2. Declaration/Affidavit confirming no prior loan or subsidy availed for the same purpose.
  3. Provisional loan sanction order from a recognized bank.
  4. Necessary approvals from relevant authorities, such as:
    • Municipality
    • Department of Science and Technology
    • Inspector of Factories and Boilers
    • Agriculture Department

Frequently Asked Questions (FAQs)

  1. What is the maximum subsidy amount for a Fish Processing Unit?
    • ₹10,00,000 per unit.
  2. What is the age criterion for applicants?
    • Applicants must be between 18 to 50 years old.
  3. Who is eligible for this scheme?
    • Private Sector, Fishermen/Fisherwomen Cooperative Societies, and Entrepreneurs.
  4. Can the subsidy be used for the maintenance of fishing infrastructure?
    • Yes, grant-in-aid is available for maintenance and construction of fishing infrastructure.
  5. What is the maximum subsidy for an Ice Plant-cum-Cold Storage?
    • ₹3,00,000 per unit.
  6. Can individuals apply for the subsidy?
    • Yes, individual fishermen or entrepreneurs can apply, provided they meet the eligibility criteria.
  7. What is the process for disbursement of the subsidy?
    • Subsidy amounts are disbursed directly to the beneficiaries after approval.
  8. Can the subsidy be used for community hall construction?
    • Yes, grant-in-aid is available for constructing community halls.
  9. Are there any restrictions on prior loans or subsidies?
    • Yes, applicants must not have availed of other loans/subsidies for the same purpose.
  10. How often are applications invited under this scheme?
    • Applications are accepted as per the schedule announced by the Department of Fisheries.

Sources and References

For additional information, visit your nearest Fisheries Department Office or refer to the scheme’s official guidelines.

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