ON GOING SUBSIDY ASSISTANCE SCHEMES
| Name of the Scheme | Objective | Quantum of subsidy | Application forms | ||||||||||||||||||||||
| I. EXPORT PRODUCTION - CAPTURE FISHERIES | |||||||||||||||||||||||||
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1 |
Financial assistance for installation of insulated / Refrigerated Fish Hold, Refrigerated Sea Water System (RSW) and Ice Making Machine on board mechanized fishing vessels |
To encourage Mechanized Fishing Vessel owners to go for multi day fishing and for better preservation of catch |
30% of the cost of eligible items subject to a maximum of Rs.5 lakh per owner of fishing vessel |
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2 |
Financial assistance for the conversion of existing fishing vessels to Tuna long liners |
To encourage the fishing vessel owners for harvesting deep sea tuna and other under exploited items using monofilament tuna long line system |
The amount of assistance under the scheme will be limited to 50% of the cost of the monofilament long line system, related equipment and conversion charges (including installation charges) subject to a maximum of Rs.7.50 lakh for fishing vessels of OAL less than 20 mtr. and Rs.15 lakh for deep sea fishing vessels of OAL more than 20 mtr |
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3 |
Financial Assistance for constructing New Tuna Long Liners |
To encourage the fishermen to construct New Tuna Long liners |
Subsidy assistance of 5% points on bank interest limited to Rs.10 lakh for 18-20 meter vessels and Rs.15 lakh for above 20 meter vessels |
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| 4 |
Scheme for conversion of small boat for preservation of Tuna catch |
It was observed that large number of country crafts are operating for tuna and catching large quantities. As these vessels do not have any facility for preserving their catch onboard the vessel they always end up getting a low price for their catch. Empowering the poor fishermen to improve quality of their products will lead to its increased exportability in addition to the socio economic benefits to the traditional sector. |
MPEDA will give a maximum assistance of 50% of the cost including fixing or Rs.20,000/- whichever is less for integrating / installing of FRP tank / box in small country crafts. The tank should be fixed inside the craft. Advance approval from the Regional office may be taken before installing the box |
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| II. EXPORT PRODUCTION - CULTURE FISHERIES. | |||||||||||||||||||||||||
| 4 | Subsidy for new farm development | For development of new shrimp/scampi farms | @ 25% of the capital cost, subject to a maximum of Rs.50, 000/- per ha. WSA and restricted to Rs. 2.5 lakh per beneficiary | ||||||||||||||||||||||
| 5 | Subsidy for small-scale hatcheries | For setting up of shrimp/scampi hatchery with a minimum production capacity of 10 million seeds per annum | @ 25% of the capital cost subject to a maximum of Rs. 3.00 lakh for private hatcheries | ||||||||||||||||||||||
| 6 | Subsidy for small-scale hatcheries | For setting up of shrimp/scampi hatchery with a minimum production capacity of 10 million seeds per annum in Gujarat, Maharashtra and scampi hatchery in Orissa | @ 50% of the capital cost subject to a maximum of Rs. 10.00 lakh per beneficiary/hatchery limited to 4 hatcheries only | ||||||||||||||||||||||
| 7 | Subsidy for medium-scale hatcheries | For setting up of shrimp/scampi hatchery with a minimum production capacity of 30 million seeds per annum | @ 25% of the capital cost, subject to a maximum of Rs.6.00 lakh per beneficiary / hatchery | ||||||||||||||||||||||
| 8 | Subsidy for medium-scale hatcheries | For setting up of shrimp/scampi hatchery with a minimum production capacity of 30 million seeds per annum in Gujarat, Maharashtra and scampi hatchery in Orissa | @ 50% of the capital cost, subject to a maximum of Rs.20.00 lakh per beneficiary / hatchery limited to 6 hatcheries only | ||||||||||||||||||||||
| 9 | Subsidy for setting up of PCR labs in hatcheries/Pvt. Lab | To establish PCR labs in Hatcheries/Pvt. Lab | @ 50% of capital cost, subject to a maximum of Rs. 5.00 lakh per beneficiary /hatchery | ||||||||||||||||||||||
| 10 | Subsidy for effluent treatment system (ETS) in Shrimp Farms | To set up effluent treatment systems attached to shrimp farms | @ 25% of the capital cost, subject to Rs. 1.50 lakh for shrimp farms with a minimum water area of 5.00 ha. and upto Rs.6.00 lakh per beneficiary | ||||||||||||||||||||||
| 11 | Registration of Aquaculture Societies | For adoption of BMPs and Code of Practices for sustainable shrimp farming for sector wide management of aquaculture farms | 50% of the estimated cost subject to a maximum of Rs. 5.00 lakh for setting up of office, ware house/auction hall, common facility etc., Laboratory facilities, Hiring technicians, training farmers / technical personnel and methodology for promoting environmentally sound farming. Being operated in a phased manner. | ||||||||||||||||||||||
| 12 | Subsidy assistance for scampi farming in Padasekaharams of Kerala | For utilizing the vast stretches of low lying paddy fields known as padasekaharams in Kerala in a collective manner for producing scampi during the off season of 8 months for increasing the production of scampi |
Applicable as per the following slab system
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| 13 | Providing of financial assistance for farmers for undertaking organic farming of shrimp and scampi |
To promote the
development of eco-friendly, socially responsible organic farming and to
build up a strong economical production center. To implement the organic production of shrimp/scampi seed, feed and to process the organic produce. To develop new export opportunities with special focus on global premium seafood markets. |
Extending financial assistance @ Rs. 50,000/- per ha of WSA or 50% of the total cost of certification, feed cost and seed cost (including transportation charges) which ever is less to the farmers for undertaking organic farming in new farms. Ceiling limit for individual farmers in maximum of 6 ha and above or Rs. 3 lakhs which ever is lowest and for padasekharams/ groups/cluster/societies the ceiling is 30 ha and above or Rs. 15 lakhs. | ||||||||||||||||||||||
| 14 |
Scheme for providing financial assistance for establishment of Ornamental Fish Breeding Units |
Generate export oriented employment in rural and urban households through mass production ornamental fishes |
50% of the cost of eligible expenditure subject to a maximum of Rs. 75,000 for Grade I unit, Rs. 2 lakh for Grade II unit and Rs 7.5 lakh for Grade III unit |
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| 15 |
Scheme for providing financial assistance for establishment of Ornamental Fish Marketing Societies (OFMS) |
To provide marketing infrastructure and to reduce intermediaries for ornamental fish breeders |
The maximum amount of financial assistance eligible is Rupees Five lakh per unit |
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II.
INDUCTION OF NEW TECHNOLOGY, MODERNIZATION OF PROCESSING
FACILITIES AND DEVELOPMENT OF INFRASTRUCTURE FACILITIES. |
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16 |
Financial
assistance for creating basic facilities for fish curing / drying /
packing / storage for export |
To facilitate creation of adequate facilities necessary and essential for dry fish handling, processing, packing and storage also to ensure quality product for export markets. To increase the share of dried fish items in the seafood export basket of India. To boost the export of dried fish items and to earn valuable foreign exchange to the country. |
Scheme – A : Financial assistance for setting up of dried fish handling / curing / drying facility (with solar system with LPG back up)
Maximum assistance shall be Rs.23.50 lakh per beneficiary @ 33⅓% of the actual cost incurred. Scheme – B: Financial assistance for the setting up of dried fish packing and storage facility by dried fish processors / exporters registered with MPEDA. Maximum assistance shall be Rs.8.25 lakh per beneficiary @ 33⅓% of the actual cost incurred |
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| 17 |
Financial assistance for Basic facilities (new) for Chilled fish /
Chilled Tuna for export |
To boost the export of chilled fish items and to earn valuable foreign exchange to the country, to increase the share of chilled fish items in the seafood export basket of India and to facilitate creation of adequate facilities necessary and essential for chilled fish export and also to ensure quality product for export markets. | Maximum assistance shall be Rs.35 lakh per beneficiary @ 33⅓% of the actual cost incurred. The financial assistance under the scheme will be available only once to a beneficiary. | Download application (Adv approval) | |||||||||||||||||||||
| 18 |
Technology Upgradation Scheme for Marine
Products (TUSMP) |
New Scheme for promotion of value addition
in seafood processing. Financial assistance either in the shape of
capital subsidy @ 25% and interest subsidy to the extent of 5 percentage
points (subject to a ceiling) is envisaged in the scheme. |
The rate of assistance in the case of
capital subsidy will be @ 25% of the expenditure incurred for value
addition subject to a maximum of Rs.100 lakh for new units and Rs.85
lakh for the existing units going in for value addition. The interest
subsidy assistance proposed is 5% of the term loan availed from
financial institutions for value addition subject to a maximum of Rs.150
lakh in the case of new units and Rs.125 lakh in the case of existing
units. The beneficiary can avail anyone of the above scheme. Minimum investment: Rs.100 lakh for capital subsidy and Rs.200 lakh for Interst Subsidy (Minutes of 51st Technical committe dated 19/09/08) |
Download application (adv approval) | |||||||||||||||||||||
| 19 | Subsidy for setting up new modern ice plant / renovation of existing plant | Financial assistance to ice plants in order to upgrade themselves and develop the capacity to supply quality ice to fishermen, processors and shrimp farmers. |
Rs.31 lakh @25% of the cost for a new
block ice unit. Rs.26 lakh lakh @50% of the cost of renovation for existing unit. Rs.14 lakh @25% of the cost for Flake / Chip / Tube ice unit |
Download Application (Adv approval) (Final) Brochure |
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| 20 | Subsidy for acquisition of machinery for tuna cannery / processing of value added tuna product | To assist seafood processors to set up tuna cannery / processing facilities for value added tuna products | 25% of the cost of machinery & equipment subject to a maximum of Rs.65.25 lakh |
Download
application (Adv Approval) (Final) Brochure |
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| 21 | Financial support for acquisition of Refrigerated Truck/Containers | To encourage seafood processors to acquire Refrigerated Trucks/ containers for transportation of raw material/ finished products. | 25% of the cost of Refrigerated Truck/ container, subject to a maximum of Rs.3.50 lakh |
Download
application (Adv Approval) (Final) |
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| 22 | Financial assistance for setting up large Cold Storages | To encourage individuals to establish Cold Storages for keep the surplus seafood. | 25% of the cost of cold storage subject to the maximum of Rs.60 lakh. | Download Application (Adv approval) | |||||||||||||||||||||
| 23 | Subsidized distribution of insulated fish boxes | For
proper preservation of raw materials in iced condition on board fishing
vessel, in shrimp farms, peeling sheds and processing plants |
Moulded synthetic insulated fish boxes of various capacity are distributed at 50% subsidy:
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Download application | |||||||||||||||||||||
| III. | |||||||||||||||||||||||||
| 24 | Interest subsidy assistance for seafood units to facilitate upgradation. | To subsidize a part of the interest payable by the plant owners to their bank/financial institutions for the loans availed by them for modernization of their plant to achieve conformity to EU standards. | The subsidy eligibility will be restricted to a maximum of 7% of the interest charged by the bank/financial institutions over and above the international interest of 7% or actual rate of interest over and above the international interest i.e. 7% whichever is less subject to a maximum of Rs. 15 lakh. | Download application | |||||||||||||||||||||
| 25 | Subsidy for setting up Mini Laboratory. | For effective implementation of inprocess quality control. | 25% of the cost of mini laboratory subject to a maximum of Rs.1,50,000/- per unit. | Download application | |||||||||||||||||||||
| 26 | Assistance to seafood processors for construction / renovation of Captive Pre-processing Centres with upgraded facilities. | To bring the pre-processing activities under the control of processors and upgrade the facilities on par with HACCP/EU Regulations. | 50% of the cost of eligible expenditure subject to a maximum of Rs.15 lakh for new construction and 45% of the cost of subject to a maximum of Rs.13.50 lakh for renovation of captive PPCs, which is again linked to the area of the pre-processing hall. |
Download
application(adv approval)
Construction
Renovation |
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| 27 | Financial assistance to pre-processors for construction /renovation of independent pre-processing centres with upgraded facilities. | To upgrade the facilities on par with HACCP/EU regulations and thereby improve the handling practices in the entire pre-processing sector. | 50% of the cost of eligible expenditure subject to a maximum of Rs.22 lakh for new construction and 45% of the cost subject to a maximum of Rs.19.8 lakh for renovation of independent PPCs, which is again linked to the workers and the area of the pre-processing hall. The subsidy is further restricted to maximum limits fixed for individual items. | Download application(adv approval) | |||||||||||||||||||||
| 28 | Developmental
assistance for Export of Ornamental/ Aquarium fishes. |
To give a thrust to the export of Ornamental fish from the country and to fetch better unit value realization by competing with our neighboring countries | 10% of f.o.b. value of export subject to the ceiling of Rs.3 lakh per exporter per year. | Download application | |||||||||||||||||||||
| IV.
MARKET PROMOTION. |
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| 29 | Group Insurance Coverage for Workers Employed in the Pre-Processing and Processing plants |
The Insurance coverage is arranged with the United India Insurance Co., Kochi for the Welfare of the workers employed in Pre-Processing and Processing plants. Policies shall be valued for a period of one year and are renewable. Benefits extended:a. Accidental death: Rs.50,000 b. Loss/ Damage to the dwellings/ contents due to fire, riot, strike, malicious damage, landslide, flood, storm & earth quake: Rs.20,000 c. Hospitalization, treatment expenses due to accident or disease for Beneficiary, spouse, and two dependant children, in the case of married employees, and Beneficiary and two dependent parents in the case of unmarried employees on floater basis: Rs.10000 d. Emergency medical evacuation: Actual subject to a maximum of Rs.2000/- |
The premium of
the insurance will be paid by the employer, employee and MPEDA in a
ratio of 50%, 25% and 25%The
annual premium works out to Rs.200/- per worker. |
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| 30 | Developmental assistance for Export of Ornamental/ Aquarium fishes. | To enable Indian Ornamental fishes to penetrate the world market. | 10% of f.o.b. value of export effected to the world countries except Singapore and other South East Asian Countries (no ceiling) | ||||||||||||||||||||||
| 31 |
SEA FREIGHT
ASSISTANCE For import of raw material for processing and export of
specified value added products.
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To make India a
Seafood processing hub and generate substantial employment
opportunities. To encourage better utilization of installed capacity in the processing units and thereby improve their financial health. To give further thrust for increasing export of value added products
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Assistance at the rate of 100% of the freight differential per container for the first three years and 50% for the fourth year will be given to the units for import of raw material for processing and export of specified value added products provided there is at least 25% value addition on such material. |
Scheme Details Download Application Form I and Form IIA.
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| 32 | SEA FREIGHT ASSISTANCE for export of specified value added products to EU/USA/ Japan and other countries |
To offset the
adverse weight volume ratio of the value added products in containers
and to offset the freight difference. To make India a Seafood processing hub and generate substantial employment opportunities. To give further thrust for increasing export of value added products
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Assistance will be
extended under this component as detailed below:
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Scheme details Annexure Download Application Form IIB.
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