Fisheries and Aquaculture Infrastructure Development Fund (FIDF) Scheme

Features & Benefits


Fisheries and Aquaculture constitute an important economic activity, with a vast potential for sustainably harvesting a wide variety of inland and marine fisheries resources in the country. To fill in the large gaps in fisheries infrastructure, In the union Budget 2018, the Hon’ble Finance Minister has announced to set aside a corpus of Rs.10,000 Crores for setting up a dedicated Fisheries and Aquaculture Infrastructure Development Fund (FIDF) for fisheries and Animal Husbandry sector. FIDF envisages creation of fisheries infrastructure facilities both in marine and inland fisheries sectors and augment the fish production.


Interest subvention: Up to 3% per annum for all Eligible applicants for development of identified eligible fisheries based infrastructure activities.
Repayment: Maximum repayment period of 12 years inclusive of moratorium of 2 years on repayment of principal amount.
Quantum of Loan: 80% of the unit cost as loan amount on bankable projects.
No limits for the number of units / Area.

Eligible Applicants

State Governments / Union Territories, State Owned Corporations/State Govt. Undertakings/ Govt. Sponsored / Supported Organizations, Fisheries Cooperative Federations (including FISHCOPFED etc.), Individuals, Cooperatives, collective groups of fish farmers & fish produce groups, Panchayat Raj Institutions/Self Help Groups (SHGs)/ NGOs, SCs/STs/Marginal Farmers, Women & entrepreneurs, Self Help Groups and cooperatives of these, Private companies/entrepreneurs, Physically disabled, Any other institution/entity to be decided by the Government.

Eligible Projects under the scheme

  • Establishment of Fishing Harbors
  • Establishment of Fish Landing Centers
  • Infrastructure for Mari culture and Advanced Inland Fisheries (Ocean farming, Cage Culture etc)
  • Construction of Ice Plants (both for marine and inland fisheries
  • Development of Cold Storages (both for marine and inland fisheries)
  • Fish Transport and Cold Chain Network Infrastructure
  • Development of Modern Fish Markets
  • Setting up of Brood Banks
  • Development of Hatcheries
  • Development of Aquaculture
  • Modernization of State Fish Seed Farms
  • Establishment of state of art Fisheries Training Centres
  • Fish Processing Units
  • Fish Feed Mills/Plants
  • Establishment of Cage culture in Reservoirs
  • Introduction of Deep Sea Fishing Vessels
  • Establishment of Disease Diagnostic Laboratories
  • Development of Mariculture
  • Establishment of Aquatic Quarantine Facilities
  • Any other innovative projects/activities designed to enhance fish production/productivity/value


Quantum of Finance & Assessment

The project under the FIDF shall be eligible for loan up to 80% of the estimated/actual project cost. Beneficiaries are required to contribute at least 20% of the project cost as margin money.

Loan Period: up to 12 years inclusive of moratorium of 2 years on repayment of principal.

Repayment Options

Term Loan - Monthly/ Quarterly instalments depending upon Cash flow. Graded instalments are also allowed.

Interest frequency – Monthly.

How to Apply

Concessional financing under the FIDF is based on Detailed Project Reports (DPRs)/Self-contained proposals.


  • The complete DPRs/self-contained proposals enclosing all approvals necessary for operationalization of the project for seeking concessional financing under the FIDF shall be submitted by the applicant in triplicate copies to Dept of Fisheries and National Fisheries Development Board(NFDB), Hyderabad - Nodal Implementing Agency.(NIA)
  • Where to apply: DPR to be sent to: The Joint Secretary (Fisheries), Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Krishi Bhawan, New Delhi-110001.
  • Copy of DPR to be sent to : The Chief Executive, National Fisheries Development Board, Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Pillar:235, PVNR Expressway, Hyderabad-500052.
  • NFDB, being the Nodal Implementing Agency (NIA), shall scrutinize, evaluate, and appraise the proposal submitted by the Applicant and place before Central Approval and Monitoring Committee (CAMC) for approval.
  • CAMC will consider the proposals placed before it and accord in principle approval to projects signifying approval for grant of interest subvention and recommend such approved proposals to the Bank for considering sanction of loans. Lending decision would be left to the Banks as per their policy and regulatory guidelines.


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