Home India Ministry of Fisheries, Animal Husbandry and Dairying Fisheries and Aquaculture Infrastructure Development Fund (F...
Date: 2026-03-19 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

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) was established in FY 2018-19 with a total fund of Rs 7522.48 crore to strengthen India's fisheries infrastructure. As of March 19, 2026, the Department of Fisheries has approved 228 projects costing Rs 5559.54 crore, providing interest subventions of up to 3% to reduce borrowing costs. These initiatives have contributed to significant growth in national fish production and seafood exports over the last five years. **Key Points / Main Content** **Financial Framework** * **Total Fund Size:** Rs 7522.48 crore allocated for creating and strengthening fisheries infrastructure. * **Concessional Finance:** Provided to Eligible Entities (EEs) at interest rates not lower than 5% per annum. * **Interest Subvention:** The Government of India provides a subvention of up to 3% per annum to lower the cost of borrowing from Nodal Loaning Entities (NLEs). * **Disbursement Status:** Out of Rs 4212.05 crore sanctioned by NLEs, Rs 1600.56 crore has been disbursed to beneficiary states and agencies. **Project Implementation and Coverage** * **Approved Projects:** 228 proposals approved across various States and Union Territories. * **Completion Status:** 68 projects are completed (60 government and 8 private), with the remaining projects at various stages of implementation. * **Regional Leaders:** Tamil Nadu (108 projects) and Maharashtra (42 projects) hold the highest number of approved projects. * **Infrastructure Categories:** Supported activities include fishing harbours, fish landing centers, ice plants, cold storage, hatcheries, fish feed mills, and deep-sea fishing vessels. * **Major Allocations:** Fishing Harbours represent the largest segment, with 28 projects totaling a cost of Rs 3803.86 crore. **Strategic Synergy and Growth** * **Policy Integration:** FIDF acts as a financial mechanism that complements the developmental support provided by the Pradhan Mantri Matsya Sampada Yojana (PMMSY). * **Production Growth:** National fish production rose from 141.64 lakh tonne in 2019-20 to 197.75 lakh tonne in 2024-25. * **Export Growth:** Seafood exports increased from Rs 46,666 crore (2019-20) to Rs 62,408 crore (2024-25). **Impact Analysis** **State Governments and Union Territories** **Impact** States receive substantial financial support for large-scale infrastructure like fishing harbours and modernized seed farms, facilitating regional economic growth and employment. **Action Required** State entities must continue the implementation of the 133 approved government projects and ensure the effective utilization of disbursed funds. **Private Stakeholders and Eligible Entities** **Impact** Private entities gain access to subsidized loans for innovative projects, processing units, and aquaculture development, enhancing their income and operational scale. **Action Required** Eligible entities must progress the remaining 87 private projects currently under implementation to meet the scheme's objectives. **Nodal Loaning Entities (NLEs)** **Impact** NLEs serve as the primary lending channel, managing the sanctioning and disbursement of concessional finance under the FIDF framework. **Action Required** NLEs must oversee the continued disbursement of the remaining sanctioned loan amounts and monitor the financial health of the projects.

Key Entities Referenced

Fisheries and Aquaculture Infrastructure Development Fund (FIDF): A dedicated fund with a size of Rs 7522.48 crore implemented to create and strengthen fisheries infrastructure through concessional finance and interest subventions. Department of Fisheries: The implementing agency under the Ministry of Fisheries, Animal Husbandry and Dairying responsible for project approvals and interest subvention under the FIDF. Pradhan Mantri Matsya Sampada Yojana (PMMSY): A complementary central government scheme providing developmental support for the fisheries sector alongside the FIDF’s financial infrastructure mechanism. Nodal Loaning Entities (NLEs): Financial institutions responsible for providing concessional loans at interest rates not lower than 5% per annum to eligible entities under the FIDF framework. Shri Rajiv Ranjan Singh: The Minister of Fisheries, Animal Husbandry and Dairying who reported the scheme's progress and sectoral growth statistics to the Rajya Sabha.
Official Source Record View Original Source →
See Full Document Text
Ministry of Fisheries, Animal Husbandry & Dairying Fisheries and Aquaculture Infrastructure Development Fund (FIDF) Posted On: 19 MAR 2026 2:25PM 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 with the objective of creating and strengthening 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 project cost for interest subvention at Rs. 4351.86 crore for various States/ UTs. Of these, the Nodal Loaning Entities (NLEs) have so far sanctioned the loan amount to 111 projects amounting to Rs. 4212.05 crore and a sum of Rs. 1600.56 crore has been disbursed 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 Inland fisheries are furnished as below; (Rs. in crores) Sl Name of State No of No of Total No. Total Amount No private Govt. of projects Project Cost eligible for Projects Projects approved 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 5 984.74 617.45 6 Himachal Pradesh 0 1 1 5.17 5.007 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 1230.901 941.17 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 includes Fishing Harbours, Fish Landing Centers, 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 active 228 projects taken up for implementation, total 68 Nos projects comprising 60 from Government 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. No Name of the activity No. of Total Project Project cost Projects 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 8 12.55 7.32 including Cage 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 28 3803.86 3053.04 Additional 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 11 60.78 49.51 Diffusion 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 complement and 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 in investment, employment generation and export thereby attributing to enhancement of income of fishers & fish farmers in the country. During thelast 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). This information was given by Fisheries, Animal Husbandry and Dairying Minister Shri Rajiv Ranjan Singh alias Lalan Singh in the Rajya Sabha in response to a question asked. JP (Release ID: 2242413) Visitor Counter : 111 Read this release in: Urdu , ही

Continue your research