Grant of Subsidy for Procurement of Vehicle

What is Grant of Subsidy for Procurement of Vehicle?

"Grant of Subsidy for Procurement of Vehicle" aims to facilitate the quick transportation of fish catches from landing centers to marketing places, thereby preventing/minimizing spoilage of fish. It provides a 50% subsidy for the procurement of specified vehicles.

Benefit

- 50% subsidy for the purchase of auto goods carrier up to 1-ton capacity (maximum subsidy of ₹75,000). - 50% subsidy for the purchase of a mini truck with 1-3 ton capacity (maximum subsidy of ₹1,50,000). - 50% subsidy for the purchase of a mini lorry with 3-5 ton capacity (maximum subsidy of ₹3,50,000). - 50% subsidy for the purchase of an insulated fish van with 5-10 ton capacity (maximum subsidy of ₹5,00,000). - 50% subsidy for the purchase of a moped with an insulated ice-box (maximum subsidy of ₹15,000). - 50% subsidy for the purchase of engine spares for boats (maximum subsidy of ₹2,000 per boat per annum). > **Mode of Disbursement** The subsidy amount will be released to the bank and credited to the account of the beneficiary for whom the loan amount was sanctioned by the bank.

Level

State — Puducherry

Ministry / Dept.

Fisheries and Fishermen Welfare Department, Puducherry

Benefit type

cash

Key eligibility

- The applicant should belong to the fishermen's community and must be a resident of the Union Territory of Puducherry by domicile or birth. - The applicant's age should not be less than 18 years old or more than 50 years of age. - The applicant should not have availed the benefit of a loan/subsidy

Last verified

Recently

Benefits

- 50% subsidy for the purchase of auto goods carrier up to 1-ton capacity (maximum subsidy of ₹75,000). - 50% subsidy for the purchase of a mini truck with 1-3 ton capacity (maximum subsidy of ₹1,50,000). - 50% subsidy for the purchase of a mini lorry with 3-5 ton capacity (maximum subsidy of ₹3,50,000). - 50% subsidy for the purchase of an insulated fish van with 5-10 ton capacity (maximum subsidy of ₹5,00,000). - 50% subsidy for the purchase of a moped with an insulated ice-box (maximum subsidy of ₹15,000). - 50% subsidy for the purchase of engine spares for boats (maximum subsidy of ₹2,000 per boat per annum). > **Mode of Disbursement** The subsidy amount will be released to the bank and credited to the account of the beneficiary for whom the loan amount was sanctioned by the bank.

Eligibility

Documents Required

How to Apply

1. Step 1: Offline application — step 1

   Step 1: The interested applicant should visit the Office/ Sub-Office of the Department of Fisheries and Fishermen Welfare.

2. Step 2: Offline application — step 2

   Step 1: The interested applicant should request the hard copy of the prescribed format of the application form from the concerned authority.

3. Step 3: Offline application — step 3

   Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

4. Step 4: Offline application — step 4

   Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.

5. Step 5: Offline application — step 5

   Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.