India is endowed with 8,129 km of coastline and about 68.79 lakh hectares of inland water area, providing immense scope for fish production. Fish production and export of marine products has increased manifold during the last few years. Apart from making its contribution towards foreign exchange earnings, increased fish production has also contributed to enhancing availability of protein-rich food, increasing employment opportunities and raising incomes of fishermen who belong to the disadvantaged section of the society. NCDC has been assisting fisheries cooperatives since 1974-75.

Activities Assisted:

  • Purchase of operational inputs such as fishing boats,deep sea vessels, nets and engines.

  • Creation of infrastructure facilities for marketing, transport vehicles, ice plants, cold storages, retail outlets, processing units, etc.

  • Development of inland fisheries, seed farms, hatcheries, etc.

  • Preparation of feasibility reports.

  • Integrated Fisheries Projects (Marine, Inland and Brackish Water).

Mode of Funding:

Financial assistance is provided through the State Govt. or directly to the eligible cooperatives.

Quantum of Assistance and Pattern of Assistance:

Varies from activity to activity and upto 90-95% of the total cost for the most of the activities. However, in case of strengthening of share capital base/margin money/working capital assistance, the quantum of assistance can be upto 100%.

For detailed pattern of assistance please click at the link provided.

Norms for direct funding:

Cooperatives operating for minimum three years & broadly fulfilling following criteria are eligible:

(i) Net worth should be positive.

(ii) There should be no erosion in share capital.

(iii) Should be in a position to provide 1.25 to 1.5 times security.

(iv)  Financial/operational performance of the cooperative should be at satisfactory level of NCDC.

For detailed norms of Direct Funding please click at the link provided.

Common Loan Application Form for availing assistance under the scheme of NCDC can be downloaded from NCDC’s website.

Pradhan Mantri Matsya Sampada Yojana (PMMSY):

The PMMSY was announced in the Union Budget 2019-20 and it is designed to address critical gaps in fish production and productivity, quality, technology, postharvest infrastructure and management, modernization and strengthening of value chain, traceability, establishing a robust fisheries management framework and fishers’ welfare. The PMMSY is an umbrella scheme with two separate Components namely (a) Central Sector Scheme (CS) and (b) Centrally Sponsored Scheme (CSS). PMMSY has been approved at a total estimated investment of Rs.20,050 crore comprising of Central share of Rs.9407 crore, State share of Rs.4880 crore and Beneficiaries contribution of Rs.5763 crore. PMMSY has been implemented in all the States and Union Territories for a period of 5 (five) years from FY 2020-21 to FY 2024-25.

As per operational guidelines of the scheme, beneficiary may avail institutional finance for beneficiary oriented projects, as per NCDC guidelines. For more information visit the website at

Fisheries & Aquaculture Infrastructure Development Fund (FIDF) Scheme:

The Union Cabinet on 3.12.2018 approved for creation of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total outlay of Rs.7522.48 crore. The total financial outlay of Rs.7522.48 crore for the project comprises of (i)Rs.5266.40 crore to be raised by the Nodal Loaning Entities (NLEs) (ii)Rs.1316.60 crore to be contributed by beneficiaries (iii) Interest Subvention of Rs.939.48 crore budgetary support to be provided to NABARD/NLE (inclusive of interest, taxes, fees, charges etc.) from Government of India. Guidelines of the scheme are enclosed.

NCDC is one of the NLEs and shall source the required funds from the market borrowing, or utilize own financial resources or avail refinancing from NABARD for lending the loan in cooperative sector for implementation of FIDF.

Components of FIDF:

The broad investment activities eligible under FIDF are:

a. Establishment of Fishing Harbours,

b. Establishment of Fish Landing Centres

c. Infrastructure for Mariculture and Advanced Inland Fisheries (Ocean farming, Cage Culture etc.)

d. Construction of Ice Plants (both for marine and inland fisheries)

e. Development of Cold Storages(both for marine and inland fisheries)

f. Fish Transport and Cold Chain Network Infrastructure

g. Development of Modern Fish Markets

h. Setting up of Brood Banks

i. Development of Hatcheries

j. Development of Aquaculture

k. Modernization of State Fish Seed Farms

l. Establishment of state of art Fisheries Training Centres

m. Fish Processing Units

n. Fish Feed Mills/Plants

o. Establishment of Cage culture in Reservoirs

p. Introduction of Deep Sea Fishing Vessels

q. Establishment of Disease Diagnostic Laboratories

r. Development of Mariculture

s. Establishment of Aquatic Quarantine Facilities

t. Any other innovative projects/ activities designed to enhance fish production/productivity/value

Eligible Institutions under FIDF:

NCDC will lend the loan to the Eligible Entities (EEs) in cooperative sector either through the State Governments/UTs or directly to the Eligible Cooperative Societies & Federation etc. in accordance with its financial terms and conditions at the specified rate of interest with ceiling on interest subvention specified under the FIDF and also fulfil the eligibility criteria, as per Operational Guidelines of the Scheme. (Refer: Circular No.33015-3/2017-Fy(H) Vol.I dated 12.02.2019 and 10.07.2019 at

                                           ( crore)


Sanction  in

FY 2022-23        

Disbursement in

FY 2022-23             

Cumulative disbursement

(As on 31.03.2023)               

Fisheries (including FFPO)    




For further details, please contact or write to:

Fisheries Division
National Cooperative Development Corporation
4, Siri Institutional Area, Hauz Khas,
New Delhi – 110 016
Tel No.: +91-011-20862512, 20862866, 20862490, 20862801
Fax: +91-011-26962370, 20862619, 26602568
Website: Email:

Regional Directorates of NCDC: Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Patna, Pune, Raipur, Ranchi, Shimla, Thiruvananthapuram