The Component 1B of PM-MKSSY provides a one-time incentive to eligible applicants who have availed institutional credit for fisheries-related activities. The objective is to encour...
Department: · Level: central
Financial assistance is provided as a one-time incentive to applicants who have successfully availed institutional credit for fisheries and aquaculture-related activities. **Frequency of Disbursement** - The incentive is one-time and non-recurring. - The incentive can only be availed once per eligible activity and applicant, and no repeated claims are permitted under Component 1-B. **Criteria for Disbursement** - The incentive is not linked to any performance benchmarks beyond initial loan sanction and disbursement. - Funds are released after successful validation and approval of the application by the Project Management Unit (PMU), Department of Fisheries. **Mode of Disbursement** The incentive is transferred directly to the verified bank account of the beneficiary through the Direct Benefit Transfer (DBT) mechanism.
- The applicant must be a fisheries microenterprise or an individual engaged in fisheries or aquaculture-related activities. - The applicant must be registered on the National Fisheries Digital Platform (NFDP). - The applicant must have availed institutional credit from a recognised financial institution. - The applicant must possess a valid Aadhaar-seeded bank account for DBT purposes. - The applicant must submit documentary proof of loan sanction and disbursement. - The applicant must consent to the verification and validation process undertaken by the Department of Fisheries.
**Online** - The application process for availing benefits under Component 1-B of the PM-MKSSY is completely online and facilitated through the National Fisheries Digital Platform (NFDP). - The individual interested in applying to this scheme must have already availed of an institutional loan. - The application to this component can be made only once per applicant per eligible activity. The detailed and sequential steps involved in the application process is given below: **Step 1:** **Visit the Official Website of the "National Fisheries Digital Platform (NFDP)"** The applicant must visit [the official website of NFDP](https://nfdp.dof.gov.in/nfdp/#/) using any web browser. Click on “Register” for new registration or “Login” if already registered. **Step 2:** **Complete the Registration Process on NFDP** If the applicant is not already registered, they must click on the “Register” button. Select the relevant applicant category (Individual / Organisation). The system will prompt for entering the mobile number with the country code (+91) followed by One-Time Password (OTP) verification. Post successful OTP authentication, the applicant must create a password in accordanc...