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TMI BlogMarine Exports.X X X X Extracts X X X X X X X X Extracts X X X X ..... Marine Exports. - News and Press Release Dated:- 26-3-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 26-March-2012 16:12 IST Marine Exports . The Marine Products Export Development Authority (MPEDA) under the Ministry is responsible for the export promotion of marine products from India. . The details of export of marine products between April, 2011 and January 2012 and the details of foreign exchange earned from the exports are as follows : (Q: Quantity in Tons, V: Value in Rs. Crore, $: USD Million) 2008-09 2009-10 2010-11 2011-12 (Provisional) (April-January) Q: Export details V: $: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 602835 678436 813091 704952 8607.94 10,048.53 12901.47 13753.43 1908.63 2,132.84 2856.92 2930.93 MPEDA is implementing various subsidy schemes for Modernization of Processing Facilities and Development of Infrastructure Facilities, Aquaculture Subsidy Assistance Schemes and Promotional Activities etc. The details are given at annexure 1, annexure -2 and annexure-3 Annex 1 SUBSIDY SCHEMES OF MPEDA FOR MODERNIZATION OF PROCESSING FACILITIES AND DEVELOPMENT OF INFRASTRUCTURE FACILITIES. Sl.No Name of the Scheme Objective Quantum of Assistance 1 2 3 4 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Financial assistance for creating basic facilities for fish curing / drying / packing / storage for export To facilitate creation of adequate facilities necessary and essential for dry fish handling, processing, packing and storage also to ensure quality product for export markets. To boost the export of dried fish items and to earn valuable foreign exchange to the country. To increase the share of dried fish items in the seafood export basket of India. Scheme A: Financial assistance for setting up of dried fish handling / curing / drying facility (with solar system with LPG back up) Maximum assistance shall be Rs. 23.50 lakh per beneficiary @ 33⅓% of the actual cost incurred. Sch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eme B: Financial assistance for the setting up of dried fish packing and storage facility by dried fish processors / exporters registered with MPEDA. Maximum assistance shall be Rs. 8.25 lakh per beneficiary @ 33⅓% of the actual cost incurred 2 Financial assistance for Basic facilities (new) for Chilled fish / Chilled Tuna for export. To boost the export of chilled fish items and to earn valuable foreign exchange to the country, to increase the share of chilled fish items in the seafood export basket of India and to facilitate creation of adequate facilities necessary and essential for chilled fish export and also to ensure quality product for export markets. Maximum assistance shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rs. 35 lakh per beneficiary @ 33⅓% of the actual cost incurred. The financial assistance under the scheme will be available only once to a beneficiary. 3 Technology Upgradation Scheme for Marine Products ( TUSMP ) This scheme is an effort to provide financial assistance to exporters for setting up new units (Category I), to expand the existing production capacity for value added products (Category II) and for diversifying into value addition (Category III). The assistance will be subject to full commitment of the exporter by fulfilling an annual export obligation covering specifically notified value added products. Financial assistance either in the shape of capital subsidy @ 25% (or) interest subsidy to the ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tent of 5 percentage points. Type of assistance Category I Category II Category III Interest Subsidy 150 Lakh 125 Lakh 125 Lakh Capital Subsidy 100 Lakh 85 Lakh 85 Lakh Minimum investment: Rs.100 lakh for capital subsidy and Rs. 200 lakh for Interest Subsidy. 1 2 3 4 4 Subsidy for setting up new modern ice plant / renovation of existing plant Financial assistance to ice plants in order to upgrade themselves and develop the capacity to supply quality ice to fishermen, processors and shrimp farmers. Rs. 31 lakh @25% of the cost for a new block ice unit. Rs.26 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lakh @ 50% of the cost of renovation for existing unit. Rs. 14 lakh @25% of the cost for Flake / Chip / Tube ice unit. 5 Subsidy for acquisition of machinery for tuna cannery / processing of value added tuna product To assist seafood processors to set up tuna cannery / processing facilities for value added tuna products 25% of the cost of machinery equipment subject to a maximum of Rs. 65.25 lakh 6 Financial support for acquisition of Refrigerated Truck/Containers To encourage seafood processors to acquire Refrigerated Trucks/ containers for transportation of raw material/ finished products. 25% of the cost of Refrigerated Truck/ container, subject to a maximum of Rs. 3.50 lakh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 Financial assistance for setting up large Cold Storages To encourage individuals to establish Cold Storages for keep the surplus seafood. 25% of the cost of cold storage subject to the maximum of Rs.60 lakh. 8 Subsidized distribution of INSULATED FISH BOXES For proper preservation of raw materials in iced condition on board fishing vessel, in shrimp farms, peeling sheds and processing plants Moulded synthetic insulated fish boxes of various capacity are distributed at 50% subsidy: Category Max subsidy / Unit (Rs.) 1. Small mechanized boat /country craft ( 32 ft. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... OAL) 4,500 2. Mechanized boat owners (Above 32 ft. OAL) 15,000 3. Peeling shed/ pre-processing plant 50,000 4. Processing plant 1,00,000 5. Shrimp farmers 5 ha. less 35,000 6. Shrimp farmers above 5 ha. 50,000 7. Fresh/Chilled Fish Handling Centres 1,00,000 This information was given by Shri Jyotiradiya M. Scindia, Minister of State for Commerce Industry in written reply to a question in Lok Sabha today. DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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