Grant of Subsidy For Setting up of Ice-Plant /Cold Storage/Fish Processing Unit

Description
The scheme "Grant of Subsidy For Setting up of Ice-Plant /Cold Storage/Fish Processing Unit" is a fisheries development scheme by the Department of Fisheries and Fishermen Welfare, Government of India. This scheme aims to preserve fish and fishery products by facilitating the establishment of Ice Plant-cum-Cold Storage Units and Fish Processing Units. Through this scheme, eligible entities, including the Private Sector, Fishermen, Fisherwomen Cooperative Societies, and Entrepreneurs, can avail of a 10% subsidy.

Benefits
• 10% subsidy, subject to a maximum of ₹3,00,000 per unit, for the establishment of Ice Plant-cum-Cold Storage.
• 10% subsidy, subject to a maximum of ₹10,00,000 per unit, for the establishment of a Processing Unit.
• Grant-in-aid for construction and maintenance of fishing harbor, fish landing center, fish landing jetty, fish drying platform, fish curing yard, work sheds, cyclone shelters, community halls, etc.

Eligibility Criteria
1. - The applicant should be a Private Sector/Fishermen/Fisherwomen Cooperative Societies/Fishermen /Entrepreneurs.
2. - The applicant should be between 18 to 50 years old.
3. - The applicant should not have availed any benefit of loan/subsidy from any other source for the intended purpose.

Application Process
Step 1: Step 1: The interested applicant should visit the Office/ Sub-Office of the Department of Fisheries and Fishermen Welfare, and request the hard copy of the prescribed format of the application form from the concerned authority.
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Step 1: The interested applicant should visit the Office/ Sub-Office of the Department of Fisheries and Fishermen Welfare, and request the hard copy of the prescribed format of the application form from the concerned authority.

Step 2: Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
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Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

Step 3: Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.
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Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.

Step 4: Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if…
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Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

Required Documents
• Proof of Age.
• Declaration/Affidavit that the applicant has not availed any benefit of loan/subsidy from any other source for the intended purpose.
• A provisional loan sanction order from the bank.
• Necessary approvals from authorities such as Municipality, Department of Science and Technology, Inspector of Factories and Boilers, Agriculture Department, etc.

Frequently Asked Questions
Q: Can the subsidy be used for both the establishment and maintenance of fishing infrastructure?
A: Yes, the grant-in-aid covers both the construction and maintenance of various fishing-related infrastructure.

Q: Are there any specific conditions that an applicant must meet to qualify for the subsidy?
A: Verified applications meeting the eligibility criteria will be considered for the subsidy.

Q: Can the subsidy be used for the construction of community halls under the scheme?
A: Yes, the scheme provides grant-in-aid for the construction of community halls, among other components.

Q: Is there a specific period within which the subsidy amount must be claimed after loan approval?
A: The subsidy amount will be released to the bank upon receipt of the loan sanction order; no specific period is mentioned.

Q: Can individuals apply for the subsidy, or is it limited to cooperatives and entrepreneurs?
A: Individuals, as well as cooperatives and entrepreneurs, can apply for the subsidy.

Q: How often does the Department of Fisheries and Fishermen Welfare invite applications for the subsidy?
A: The department periodically invites applications for subsidy under this scheme.

Q: What is the maximum subsidy for establishing a Fish Processing Unit under this scheme?
A: The maximum subsidy for the Fish Processing Unit is [?]10,00,000 per unit.

Q: What are the different components for which the scheme provides grant-in-aid?
A: The scheme provides grant-in-aid for the construction and maintenance of fishing harbor, fish landing center, fish landing jetty, fish drying platform, and more.

Q: How is the subsidy amount disbursed to the beneficiaries?
A: The subsidy amount will be released to the bank account of the beneficiary for whom the loan amount was sanctioned by the bank.

Q: Is there an age criterion for applicants to qualify for the subsidy?
A: Yes, applicants should be between 18 to 50 years old to be eligible for the scheme.

Q: What is the maximum subsidy amount provided for establishing an Ice Plant-cum-Cold Storage under this scheme?
A: The maximum subsidy for the Ice Plant-cum-Cold Storage Unit is [?]3,00,000 per unit.

Q: Who are the eligible entities that can benefit from this fisheries development scheme?
A: Private Sector, Fishermen, Fisherwomen Cooperative Societies, and Entrepreneurs are eligible to avail the 10% subsidy.