Scheme

Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

GS3 AgriculturePrelims and Mains

In the news since 17 March 2026 · last on 19 March 2026

Why in news
On 19 March 2026, the Fisheries Minister told the Rajya Sabha that FIDF has approved 228 projects worth Rs 5559.54 crore, with 68 completed.
What it is
FIDF is a Department of Fisheries fund that has run since 2018-19 with a total size of Rs 7522.48 crore. It gives concessional finance, backed by interest subvention, to States, UTs, State entities and other stakeholders. The money builds harbours, landing centres, hatcheries, cold chains and similar facilities.
Fund size and start
FIDF has a total fund size of Rs 7522.48 crore and has been implemented from 2018-19.
Interest subvention
The Department gives interest subvention up to 3% a year. Nodal Loaning Entities lend at a rate not lower than 5% a year.
Who can borrow
Eligible Entities include State Governments/UTs, State entities and other stakeholders.
Link with PMMSY
FIDF is an enabling financial mechanism for infrastructure. PMMSY gives developmental support.
Start and size
FIDF has run since 2018-19 with a total fund size of Rs 7522.48 crore.
Progress
228 proposals were approved at Rs 5559.54 crore, with the cost eligible for subvention capped at Rs 4351.86 crore.
Intended outcomes
The infrastructure aims to cut post-harvest losses, raise production and productivity, add value and improve marketing.

Don’t confuse with FIDF vs PMMSY: FIDF gives concessional loans with interest subvention for infrastructure. PMMSY gives developmental support for the sector.

Schemes: 52 Prelims questions since 2013, 10 in Prelims 2026 alone. They test features, the period and who funds it. In Mains, 33 news-triggered questions, mostly GS3.

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Worth revising until Prelims 2027: most news questions come within two years of the event.

Each time it was in the news

  1. 19 March 2026

    On 19 March 2026, the Fisheries Minister told the Rajya Sabha that FIDF has approved 228 projects worth Rs 5559.54 crore, with 68 completed.

  2. 17 March 2026

    On 17 March 2026, the Fisheries Ministry told the Lok Sabha about FIDF's objectives and progress: 228 projects approved at Rs 5559.54 crore, including some in Madhya Pradesh.