ON GOING SUBSIDY ASSISTANCE SCHEMES

 

Name of the Scheme Objective Quantum of subsidy Application forms
I.       EXPORT   PRODUCTION - CAPTURE FISHERIES

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

 

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

 

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

 
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

 

 

       
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
1.   
 0-10 ha- @25 % of actual cost limited to      Rs 2.5 lakhs 
2. 20-50 ha-@25 % of actual cost limited to     Rs 5.0 lakhs

3. 50- 100 ha-@25 % of actual cost limited to  Rs 7.0 lakhs

4. 100-150 ha- @25 % of actual cost limited to Rs 8.5 lakhs

 
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.

Download Application

Scheme Details

Application for Naturland certification 

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

Application (adv approval)

(Final)

Brochure

Model Bankable Project

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

Application (Final)

Terms and conditions

II.      INDUCTION OF NEW TECHNOLOGY, MODERNIZATION OF PROCESSING FACILITIES AND DEVELOPMENT OF INFRASTRUCTURE FACILITIES.

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 @ 33% 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 @ 33% of the actual cost incurred

Application (Scheme A- Advance approval)

(Scheme A - Final approval)

(Scheme B- Advance approval)

(Scheme B - Final approval)

Brochure

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)

(Final)

Brochure

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)

(Final)

Brochure

Bond

Bank Guanantee

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

Bond

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
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)

Bond

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)

(Final)

Bond

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:                      

Category Max Amt of subsidy 
per unit  (Rs)
1. Small mechanized boat
/country craft (< 32 ft. OAL)
4500
2. Mechanized boat 
owners (Above 32 ft. OAL)
15000
3. Peeling shed/
pre-processing
plant
50000
4. Processing plant 100000
5. Shrimp farmers 5 ha. 
& less
35000
6. Shrimp farmers above 
5 ha.
50000
7. Fresh/Chilled Fish     Handling Centres 100000
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
(Final)

Renovation
(Final)

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)

(Final)

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.
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. 
The present annual premium is Rs.200/-

 
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.

 

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

 

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.

 

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

 

Assistance will be extended under this component as detailed below:

Year

Market

Rate of
Assistance
Rs./Kg

1st and 2nd implementing years

EU

4

1st and 2nd implementing years

USA

5

1st and  2nd implementing years

Japan

3

3rd and 4th implementing years

EU

2

3rd and 4th implementing years

USA

3

3rd and 4th implementing years

Japan

1.50

Note:    Freight assistance to other countries like South East Asia, Middle East, China and Korea will be applicable at the same rate as that of Japan.  For countries like Canada, Mexico etc. the rate will be that of USA.  For countries like Australia, Africa etc., the rate will be that of EU

 

Scheme details

Annexure


Download Application Form IIB.