The open sea cage culture demonstration shall be undertaken after obtaining necessary permission from the central/ state government departments/ agencies. Source of funding for the remaining 10% of the project cost has to be indicated. The institution proposing to avail the grant from the NFDB shall bear all the expenditure for subsequent demonstrations not less than 3 years. demonstration utilization of cages and source o culture units
(ii)
Selection of farmers/fishermen for receiving the demonstration
The following criteria shall be applicable for the selection of farmer/fisherman for receiving the demonstration: Should be a fisherman with fishing/fish farming as the major occupation Should be sponsored by State Government/Fishermen Co-operatives/ SHGs/ Fisheries Development Agencies Priority should be given for fishermen affected by Marine Protected Areas/natural calamities. (iii)
Conditions specific to the subsidy assistance scheme
i. The fishermen societies/groups, SHGs, farmers and entrepreneurs shall submit an application along with the prescribed documents to the Officer in Charge of the Department of Fisheries, of the concern district, where the activity to be started. ii. The beneficiary shall undertake the works only after submitting the application form to the State Fisheries Department and after obtaining administrative sanction from NFDB. iii. The Officer in charge of Department of Fisheries of the concerned district has to send the proposal to NFDB through the Head of the Office of the State Fisheries Department to the NFDB for obtaining administrative sanction. iv. After obtaining administrative sanction from NFDB, the State Fisheries Department has to communicate the sanction details to the beneficiary to undertake the works. v. The Officer in Charge of the district for the Department of Fisheries has to forward the request for release of NFDB assistance duly after physical verification of the open sea cage culture unit. The inspection report shall be certified by the inspecting officer, district in charge for the Department of Fisheries and Head of the State Fisheries Department and may be send to NFDB for release of the subsidy. vi. NFDB subsidy would be released to the State Fisheries Department, with a request to credit into the loan account of the respective beneficiaries. vii. After releasing the subsidy amount the State Fisheries Department has to issue the Utilization Certificate to NFDB along with the physical and financial progress report. viii. Physical verification/inspection at different stages will be undertaken by duly authorized officials of the Board and/or other experts as may be decided from time to time.
Documents required to avail the financial assistance i. ii. iii.
Application in the prescribed format (Form-II) A copy of the project report indicating the techno economic viability & IRR. Copies of the permissions obtained from the government agencies for undertaking open sea cage culture. 125