Construction of vessels over 55 feet under 50% subsidy scheme

Description

With a view to providing a high quality, high fish yield, 50% subsidized utensil was implemented from 2016. Accordingly, Rs. 650 lakhs for 2017 have been given for each vessel for 130 boats for the production of more than 55 feet of fish. Rs. 400 million has been allocated for the production of more than 55ft boats for the year 2018.