Interest Subsidy on Loans for Agriculture and Allied Activities
About this Scheme
“Interest Subsidy on Loans for Agriculture and Allied Activities” is a scheme by the Dept. of Fisheries, Govt. of Goa. The bonafide agriculturist, individual of the animal husbandry/fisheries sector from Goa are provided a loan of upto ₹ 5,00,000 for the purpose of Agriculture and Allied Activities.
About This Scheme
“Interest Subsidy on Loans for Agriculture and Allied Activities” is a scheme by the Department of Fisheries, Government of Goa. Through this scheme, the bonafide agriculturist, individuals of the animal husbandry sector/ fisheries sector from Goa are provided a loan of upto ₹ 5,00,000 for the purpose of Agriculture and Allied Activities. The applications are accepted only in offline mode.
Benefits
Loan of upto ₹ 5,00,000.
Interest Subsidy on Short-Term Loans: 4% to farmers who promptly repay their loans.
Interest Subsidy on Long-Term Loans: Equal to the difference between a 4% interest rate and the normal rate charged by eligible Banks, in line with their policies. The subsidy is subject to a maximum limit of 8%.
Eligibility Criteria
For Inland Fisheries
The applicant should own or lease any of the fisheries-related activities, such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess the necessary license for fish farming and fishing-related activities, and any other state-specific fisheries and allied activities.
The applicant may include fishers, fish farmers (individual & groups/partners/share/croppers/tenants/farmers), self-help groups, joint liability groups, and women groups.
For Marine Fisheries
The applicant should own or lease a registered fishing vessel/boat, possess the necessary fishing license/permission for fishing in estuaries and sea, engage in fish farming/mariculture activities in estuaries and open sea, and participate in any other state-specific fisheries and allied activities.
Application Process
Apply Offline
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.
Official Source: View on myScheme.gov.in
Scheme Benefits
- Loan of upto ₹ 5,00,000.
- Interest Subsidy on Short-Term Loans: 4% to farmers who promptly repay their loans.
- Interest Subsidy on Long-Term Loans: Equal to the difference between a 4% interest rate and the normal rate charged by eligible Banks, in line with their policies. The subsidy is subject to a maximum limit of 8%.