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Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

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Fisheries Development in India
Fisheries Development in India

Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

By PIB Delhi

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, with effect from financial year 2018-19 is implementing the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs 7522.48 crore to create and strengthen fisheries and aquaculture infrastructure in the country. FIDF inter-alia provides concessional finance for development of various fisheries infrastructure facilities to the Eligible Entities (EEs), including State Governments/Union Territories, State entities and other Stakeholders for development of identified fisheries infrastructure facilities.  Under FIDF, the Department of Fisheries, Government of India provides interest subvention up to 3% per annum for providing the concessional finance by the Nodal Loaning Entities (NLEs) at the interest rate not lower than 5% per annum. Under FIDF scheme, the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying has so far approved a total 228 proposals/projects at a total cost of Rs. 5559.54 crore with restricting the projects cost for interest subvention at Rs. 4351.86 crore for various States/UTs including for Maharashtra. Out of these, the Nodal Loaning Entities (NLEs) have so far sanctioned the loan amount to 111 projects amounting to Rs. 4212.05 crore and disbursed a sum of Rs. 1600.56 crore to the beneficiary States and other agencies. The State/UT-wise details of the projects approved under FIDF till date for Infrastructural development in Fisheries sector including in the State of Maharashtra are furnished below;

(Rs. in crores)

Sl NoName of StateNo of private ProjectsNo of Govt. ProjectsTotal No. of projects approvedTotal Project CostAmount eligible for interest subvention
1Andhra Pradesh808211.88124.42
2Arunachal Pradesh1010.680.54
3Assam1010.410.18
4Goa14538.0536.58
5Gujarat145984.74617.45
6Himachal Pradesh0115.175.00
7Jammu and Kashmir303130.21100.78
8Karnataka22443.4442.79
9Kerala617262.90234.97
10Maharashtra366421230.90941.17
11Manipur4041.150.90
12Mizoram1014.143.3
13Odisha178120.1759.48
14Puducherry2023.082.46
15Tamil Nadu71011082169.031955.98
16Telangana1014.702.31
17Uttar Pradesh20275.2260.09
18West Bengal461071.7849.6
19Uttarakhand011170.00133.00
20Madhya Pradesh4156.905.52
21Jharkhand70724.5116.67
22Bihar20220.2919.61
 Total951332285559.544351.86

The projects supported under FIDF to States and Union Territories are primarily include; Fishing Harbours, Fish Landing Centres, Ice Plants, Cold Storage, Fish Transport Facilities, Integrated Cold Chain (Marine & Inland Sector), Modern Fish Markets, Brood Banks, Hatcheries, Modernization State Fish Seed Farms, Fisheries Training Centres, Fish Processing Units, Fish Feed Mills/Plants, Cage culture in Reservoir, Mariculture etc.  Out of approved 228 projects, a total 68 projects comprising 60 projects of Government implemented projects and 8 Private projects have been completed and remaining projects are at various stages of implementation.  The sector-wise details of infrastructure created under FIDF such as harbours, cold-chain and hatcheries, etc. are furnished below:

(Rs. in crore)

Sl. NoName of the activityNo. of Projects approvedTotal Project CostProject cost restricted for Interest Subvention
1Brood Banks214.211.36
2Ice Plants/Cold Storages511.257.56
3Development of Aquaculture including Cage culture in reservoir &Mari culture812.557.32
4Fish Landing Centres60343.46298.39
5Fish Processing Unit15370.17224.23
6Modernization Fish Seed Farm34144.43127.33
7Fishing Harbours & Including Additional Facilities in Fishing Harbour283803.863053.04
8Development of Hatcheries47.862.1
9Fish Feed Mills33.572.86
10Training Centre/Technology Diffusion Centre1160.7849.51
11Deep-Sea Fishing Vessel24.961.92
12Innovative projects/activities55782.18566.03
13Establishment of Disease Diagnostic Laboratory10.270.21
 Total2285559.544351.86

In order to supplement the effort of the other central Government scheme like Pradhan Mantri Matsya Sampada Yojana (PMMSY) as well as State Government’s owned schemes, FIDF acts as an enabling financial mechanism for infrastructure development, while PMMSY provides developmental support, together contributing to sustainable growth, augment of fish production, investment, employment generation and enhancement of fisheries export thereby attributing to enhancement of income of fishers & fish farmers in the country. During the last five years (2020-21 to 2024-25), fish production increased from 141.64 lakh tonne in 2019-20 to 197.75 lakh tonne in 2024-25. Similarly, seafood exports have also increased from Rs.46,666 crore (2019-20) to Rs.62,408 crore (2024-25).

The Government of Maharashtra has reported that PMMSY has played a vital role in the development of fisheries sector in Palghar District and the fish production in Palghar District has increased from 21.45 tonnes in the year 2020-21 to 138.54 tonnes in 2024-25 registering the record growth of 546%. The development of modern fisher infrastructure and entrepreneurship development projects in Palghar District includes (i) Construction of fishing harbour at Satpati, (ii) Construction of Fish landing Centre at Dhakati, Dahanu, (iii) Providing post-harvesting facilities to fishermen at Fish Landing Centre at Lage Bunder and (iv) Dredging work near fish landing center/navigational channel at Dativare and Vasai creek, etc.

This information was given by Fisheries, Animal Husbandry and Dairying Minister Shri Rajiv Ranjan Singh alias Lalan Singh in the Lok Sabha in response to a question asked.

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