Department of Fisheries

Department of Fisheries consultancy schemes for fisheries

SCHEME  1 : PMMSY

Pradhan Mantri Matsya Sampada has been approved at a total estimated investment of Rs. 20,050 crores to be implemented over a period of 5 years from FY 2020-21 to FY 2024-25.

FUNDING PATTERN:

PMMSY will be implemented with the following funding pattern

Central Sector Scheme (CS)

 (a) The entire project/unit cost will be borne by the Central government (i.e. 100% central funding).

individual/group activities are undertaken by the entities of central government including NFDB, the central assistance will be up to 40% of the unit/project cost for General category and 60% for SC/ST/Women category

Centrally Sponsored Scheme (CSS)

CSS component and sub-components implemented by the States/UTs (Nonbeneficiary orientated):

The entire project/unit cost will be shared between Centre and State as detailed below:

a) North Eastern & Himalayan States: 90% Central share and 10% State share.

b) Other States: 60% Central share and 40% State share.

c) Union Territories (with legislature and without legislature): 100% Central share.

Scheme 2 : Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

OBJECTIVES

  • Creation and modernization of capture & culture fisheries infrastructure
  • Creation of Marine Aquaculture Infrastructure
  • Creation and modernization of Inland Fisheries Infrastructure
  • Reduce post-harvest losses and improve domestic marketing facilities through infrastructure support.
  • To bridge the resource gap and facilitate completion of ongoing infrastructure projects.

INTEREST SUBVENTION AND LENDING RATE OF INTEREST

Interest subvention : Up to 3% per annum for all EEs for development of identified fisheries based infrastructure facilities

Lending Rate of interest : Not lower than 5% per annum for all EEs for development of identified fisheries based infrastructure facilities


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