MMKY-Financial Assistance for New Boat, Engine, and Net
The State plan scheme “MMKY-Financial Assistance for New Boat, Engine, and Net” was launched by the Fisheries & Animal Resources Development Department, Government of Odisha in order to increase the marine fish production and to enhance incomes and livelihoods of the marine fishers.
About This Scheme
Benefits
Unit Cost and Subsidy Assistance:
Sl. No.ItemMaximum Unit Cost (₹ in Lakh)Maximum Government Assistance (₹ in Lakh)/BeneficiaryMaximum Government Assistance (₹ in Lakh)/BeneficiaryGeneral (40%)Women/SC/ST/PWD/Transgender (60%)1Fishing Boat7.503.004.502Engine1.400.560.843Life Saving Equipment0.100.040.064Fishing Net1.000.400.60Total10.004.006.00*NB: Items at Sl. No. 1 & 3 are mandatory and others are optional as per the requirement of the fisherman.
Note 01: Financial Assistance shall be limited to 1(one) unit (boat with engine and net) per individual beneficiary.
Note 02: Procurement of Fishing Boats is mandatory under this scheme. However, the procurement of Engine and Fishing Net is optional, based on the requirement of the beneficiary.
Note 03: Back-ended subsidy will be limited to 60% for SC/ ST/ Women/ PWD/ Transgender and 40% for General category. Subsidy shall be released directly to the Aadhaar linked Bank Account of the beneficiary.
Note 04: For a differently-abled person, the certificate of disability issued by a certifying authority/ competent authority indicating 40% or more disability as per the Rights of Persons with Disabilities Act, 2016 will be accepted for the PWD category) /Transgender. (The certificate of identity as transgender person issued by the District Magistrate as per "the transgender person protection of Rights Act, 2019 will be accepted for the transgender category.
Note 05: In case, Government in the F & ARD Department enhances the percentage of subsidy that shall be applicable for those beneficiaries who have received go -ahead letter during the FY 2023-24.
Eligibility
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Required Documents
- ✦A copy of the Photo ID Card
- ✦Passport size photograph
- ✦A copy of the Caste/category certificate, if applicable
- ✦A copy of the QR Aadhaar card
- ✦Bank account details/first-page bank passbook
- ✦Any other relevant documents, as required
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
