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Date: 2026-03-24 Category: Press Release State: Union Government Country: India

Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

Issued by Ministry of Fisheries, Animal Husbandry and Dairying · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Fisheries and Aquaculture Infrastructure Development Fund (FIDF), established in 2018-19 with a fund size of Rs 7522.48 crore, provides concessional finance to develop India's fisheries infrastructure. As of March 2026, 228 projects worth Rs 5559.54 crore have been approved, resulting in significant increases in national fish production and seafood exports. The scheme operates through interest subventions of up to 3% per annum to support both government and private sector infrastructure initiatives. **Key Points / Main Content** **Financial Framework and Incentives** * The FIDF offers concessional finance to Eligible Entities (EEs) including State Governments, UTs, and private stakeholders. * The Department of Fisheries provides an interest subvention of up to 3% per annum. * Nodal Loaning Entities (NLEs) provide finance at interest rates not lower than 5% per annum. * Total approved project costs currently stand at Rs 5559.54 crore, with Rs 4351.86 crore restricted for interest subvention. **Project Implementation Status** * A total of 228 projects have been approved across various states and Union Territories. * NLEs have sanctioned loans for 111 projects (Rs 4212.05 crore) and disbursed Rs 1600.56 crore. * 68 projects have been completed to date, comprising 60 government-led and 8 private sector projects. * Tamil Nadu (108 projects) and Maharashtra (42 projects) represent the highest number of approved initiatives. **Infrastructure Scope and Activities** * Primary focus areas include the construction of fishing harbours, fish landing centres, and fish processing units. * Investment is directed toward cold chain facilities, including ice plants, cold storage, and transport facilities. * Biological infrastructure development includes brood banks, hatcheries, and modernization of state fish seed farms. * Support is also provided for innovative activities such as cage culture in reservoirs, mariculture, and deep-sea fishing vessels. **Sectoral Growth and Synergy** * National fish production increased from 141.64 lakh tonnes (2019-20) to 197.75 lakh tonnes (2024-25). * Seafood export value rose from Rs 46,666 crore to Rs 62,408 crore within the same five-year period. * FIDF acts as a financial mechanism that supplements the developmental support provided by the Pradhan Mantri Matsya Sampada Yojana (PMMSY). **Impact Analysis** **State Governments and Union Territories** **Impact** They gain access to low-cost capital for large-scale public infrastructure like harbours and landing centres, which facilitates regional economic growth. **Action Required** Submit project proposals to the Department of Fisheries and manage the implementation of approved government-sector projects. **Private Sector Entities and Stakeholders** **Impact** Eligible private entities receive concessional loans and interest subventions to establish commercial fisheries facilities like processing units and ice plants. **Action Required** Secure loan sanctions from Nodal Loaning Entities and ensure the timely completion of private infrastructure projects to benefit from interest subventions. **Fishers and Fish Farmers** **Impact** They benefit from modernized infrastructure and training centers, leading to enhanced income, higher production (noted 546% growth in Palghar District), and improved post-harvest handling. **Action Required** Utilize the newly created modern infrastructure and facilities to increase production and participate in export-oriented activities.

Key Entities Referenced

Fisheries and Aquaculture Infrastructure Development Fund (FIDF): The primary initiative providing concessional finance and interest subvention to create and strengthen fisheries infrastructure across India. Pradhan Mantri Matsya Sampada Yojana (PMMSY): A central government scheme providing developmental support for sustainable growth in fish production and complementing the infrastructure goals of the FIDF. Department of Fisheries: The nodal department under the Ministry of Fisheries, Animal Husbandry and Dairying responsible for implementing the FIDF and approving infrastructure proposals. Maharashtra: A key beneficiary state highlighted for its significant infrastructure development and record growth in fish production under these fisheries initiatives.
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Ministry of Fisheries, Animal Husbandry & Dairying Fisheries and Aquaculture Infrastructure Development Fund (FIDF) Posted On: 24 MAR 2026 12:21PM by PIB Delhi The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, with effect from financial year 2018-19 is implementing 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 Name of State No of No of Total No. of Total Amount No private Govt. projects Project eligible for Projects Projects approved Cost interest subvention 1 Andhra Pradesh 8 0 8 211.88 124.42 2 Arunachal Pradesh 1 0 1 0.68 0.54 3 Assam 1 0 1 0.41 0.18 4 Goa 1 4 5 38.05 36.58 5 Gujarat 1 4 5 984.74 617.456 Himachal Pradesh 0 1 1 5.17 5.00 7 Jammu and Kashmir 3 0 3 130.21 100.78 8 Karnataka 2 2 4 43.44 42.79 9 Kerala 6 1 7 262.90 234.97 10 Maharashtra 36 6 42 1230.90 941.17 11 Manipur 4 0 4 1.15 0.90 12 Mizoram 1 0 1 4.14 3.3 13 Odisha 1 7 8 120.17 59.48 14 Puducherry 2 0 2 3.08 2.46 15 Tamil Nadu 7 101 108 2169.03 1955.98 16 Telangana 1 0 1 4.70 2.31 17 Uttar Pradesh 2 0 2 75.22 60.09 18 West Bengal 4 6 10 71.78 49.6 19 Uttarakhand 0 1 1 170.00 133.00 20 Madhya Pradesh 4 1 5 6.90 5.52 21 Jharkhand 7 0 7 24.51 16.67 22 Bihar 2 0 2 20.29 19.61 Total 95 133 228 5559.54 4351.86 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. Name of the activity No. of Total Project cost No Projects Project Cost restricted for approved Interest Subvention 1 Brood Banks 2 14.2 11.36 2 Ice Plants/Cold Storages 5 11.25 7.56 3 Development of Aquaculture including Cage 8 12.55 7.32 culture in reservoir &Mari culture 4 Fish Landing Centres 60 343.46 298.39 5 Fish Processing Unit 15 370.17 224.23 6 Modernization Fish Seed Farm 34 144.43 127.33 7 Fishing Harbours & Including Additional 28 3803.86 3053.04 Facilities in Fishing Harbour 8 Development of Hatcheries 4 7.86 2.1 9 Fish Feed Mills 3 3.57 2.86 10 Training Centre/Technology Diffusion 11 60.78 49.51 Centre 11 Deep-Sea Fishing Vessel 2 4.96 1.92 12 Innovative projects/activities 55 782.18 566.03 13 Establishment of Disease Diagnostic 1 0.27 0.21 Laboratory Total 228 5559.54 4351.86 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. ***** JP. (Release ID: 2244326) Visitor Counter : 213 Read this release in: Urdu , ही

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