Fisheries and Aquaculture Infrastructure Development Fund
About
- The Ministry of Fisheries, Animal Husbandry and Dairying with effect from the financial year 2018-19 has been implementing the Fisheries and Aquaculture Infrastructure Development Fund (FIDF).
- FIDF provides concessional finance for development of various fisheries infrastructure facilities to the Eligible Entities (EEs), including State Governments/Union Territories and State entities for development of identified fisheries infrastructure facilities.
- Under FIDF, the Ministry 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.
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