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

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