Financial Assistance To Take Up Value Addition To Seafood : fisheries.goa.gov.in

Organisation : Goa Department of Fisheries
Scheme Name : Financial Assistance To Take Up Value Addition To Seafood
Applicable State/UT : Goa
Website : https://fisheries.goa.gov.in/schemes-services/

What is Goa Financial Assistance To Take Up Value Addition To Seafood?

“Financial Assistance to Take up Value Addition to Seafood” is a scheme by the Department of Fisheries, Government of Goa. Through this scheme, individuals who have been residents of Goa for the last 15 years, and are interested in setting up a unit for value-added fisheries products are provided financial assistance as a subsidy of 50% of the cost for the Construction or Renovation of the Unit or for the Purchase of Equipment. The applications are accepted only in offline mode.

Related / Similar Facility : Interest Subsidy On Loans For Agriculture & Allied Activities

Benefits of Financial Assistance To Take Up Value Addition To Seafood

** Financial Assistance for Construction or Renovation of the Unit 50% subsidy of the cost, limited to ₹5,00,000 per unit.
** Financial Assistance for Purchase of Equipment 50% subsidy of the cost, limited to ₹2,00,000 per unit.

Eligibility of Financial Assistance To Take Up Value Addition To Seafood

** The applicant should be an individual interested in setting up a unit for value-added fisheries products.
** The applicant should be a resident of Goa for the last 15 years.

Reservation/ Relaxation/ Preference/ Priority:
Preference will be given to self-help groups, women entrepreneurs, and youth (who have completed fishermen training courses/short-term training programs conducted by the Directorate of Fisheries).

How To Apply For Assistance To Take Up Value Addition To Seafood?

To apply for Financial Assistance To Take Up Value Addition To Seafood, Follow the below steps

Step 1: The interested applicant should request the prescribed format of the application form from the department.
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority at the Department of Fisheries, Dayanand Bandodkar Marg, Patto Colony, Panaji Goa – 403 521, or to the official posted at BDO Office/ Sub-Offices of the Department of Fisheries.

Grievance Redressal:
Any dissatisfaction or complaint about any service or its standards can be registered with the Department’s Grievance Redressal Officer. The grievance can also be lodged on the link dir-fish.goa@nic.in. All complaints will be acknowledged by us and final action taken will be communicated within 30 days.

Documents Required For Assistance To Take Up Value Addition To Seafood

** Detailed Project Report
** Proof of Availability of Land/Ownership Documents
** Proof of Identity
** Residence Certificate for 15 Years
** For Self-Help Group – Group Registration Documents
** Mandate Form

Additional Simplified Procedure

The process for applying for financial assistance for value addition in seafood can vary depending on your location and the specific program you’re interested in. However, here’s a general roadmap to get you started:

1. Identify Relevant Programs:
Government Schemes:
Many governments offer financial assistance programs to promote value addition in fisheries. Search online for programs offered by your state fisheries department or the national department of fisheries (e.g., Department of Fisheries, India). Keywords like “financial assistance fisheries value addition” or “[State name] fisheries subsidy” can help you find relevant programs.

Non-Governmental Organizations (NGOs):
Some NGOs might offer grants or loans for fisheries development, including value addition projects. Research NGOs working in your area or specializing in fisheries.

2. Understand Eligibility Criteria:
Once you identify potential programs, carefully read through the eligibility criteria. These criteria might include:
** Type of business (individual, cooperative, etc.)
** Location of the business
** Nature of value addition activity (processing equipment, training, etc.)
** Minimum project cost

3. Application Process:
** Most programs will have a designated application form available online or through the concerned department’s office.
** The application might require details about your business plan, the type of value addition you plan to undertake, and the estimated project cost.
** Some programs might require supporting documents like business registration papers, quotes for equipment, etc.