The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying with effect from the financial year 2018-19 has been implementing Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total fund size of Rs.7522.48 crores. FIDF inter-alia provides concessional finance to various Eligible Entities(EEs), including State Governments/Union Territories and State entities for development of identified fisheries infrastructure facilities through Nodal Loaning Entities (NLEs). Under the FIDF, the Department of Fisheries provides interest subvention up to 3% per annum for providing the concessional finance by the NLEs at the interest rate not lower than 5% per annum. FIDF inter-alia envisages development of fishing harbours and fish landing centres. Under FIDF, 46 Fishing Harbours/Fish Landing Centres have been approved at a total cost of Rs. 5087.97 crores.

This information was given by Shri Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying in a written reply in Lok Sabha today.

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SS/RM

(Release ID: 1911520)