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Agriculture,Rural & Environment

"Reactivation Of Fisheries Cooperative Societies" Component of the "Mukhyamantri Maschyajibi Kalyan Yojana" Scheme

The objective of the "Reactivation Of Fisheries Cooperative Societies" scheme is to provide a one-time revolving fund of ₹2,00,000/- to each eligible Primary Fishermen Cooperative Society for working capital of the society and improvement of the socio-economic status of the members in the long run.

Authority

State/ UT

Region

Odisha

Status

Verified 2026

Updated

March 2026

What you get

A one-time revolving fund of ₹2,00,000/-.

Who can apply

The applicant should be an active Primary Fisherman Cooperative Society (PFCS).; The PFCS should have completed at least 1 year from the date of its registration under "The Odisha Cooperative Societies Act-1962".; The PFCS should be in working condition.; The PFCS should not have availed the revolving fund before.; The PFCS should be conducting Committee of Management meetings and AGB meetings in time as per the OCS Act and Rules framed there under the Bylaws of the Society.; The PFCS should have paid the Government lease value of the reservoir/ pond if taken on lease as per the Rules.; The PFCS should be able to produce last year's audited balance sheets with Profit Loss accounts of the Society from AGCS-empanelled CA firms/auditors.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

Who is responsible for the implementation of the scheme, and through which agency?

The scheme is implemented by the Directorate of Fisheries through the respective District Fisheries Officer.

How are PFCS selected under the scheme?

PFCS applications are verified by ICS/SARCS, and the selected list is approved by the Collector-cum-District Magistrate or an authorized officer. The Director of Fisheries then sanctions and transfers funds to the DFO/ARCS Chilika for disbursement.

What is the operational procedure for the fund once sanctioned?

The fund is deposited in the Society's bank account and operated jointly by the President/Secretary of the society and the District Fisheries Officer-cum-ARCS of the concerned district.

What activities can PFCS undertake using the revolving fund, as per the guidelines for implementation?

PFCS can engage in activities such as raising fingerlings in captive nurseries, fish business, fish culture, purchase of nets, and repairing boats, subject to the approval of the Committee of Management.

How are credit support and loans provided to PFCS members?

PFCS members can apply for loans from the revolving fund for socio-economic development. Loans, up to [?]1.00 Lakh, are granted with an interest rate of 4% per annum, to be recovered within one year.

Who is responsible for monitoring and supervision of the scheme's implementation?

The Inspector of Co-operative Societies (Fishery) and AFO-In Charge, along with District Fisheries Officers-cum-ARCS, ARCS Chilika Circle, and others, monitor the programme at various levels.

How does a Primary Fishermen Cooperative Society (PFCS) demonstrate compliance with the eligibility criterion related to the "Odisha Cooperative Societies Act-1962"?

Eligibility requires the PFCS to have completed at least one year from its registration date under the specified cooperative societies act.

Why is the submission of the last one year audited balance sheets with Profit Loss accounts crucial for PFCS eligibility?

It ensures financial transparency, and PFCS must provide audited financial statements from AGCS empanelled CA firms/auditors to demonstrate their financial soundness.

What role does the payment of the Government lease value play in determining PFCS eligibility?

PFCS must have paid the Government lease value of the reservoir/pond if taken on lease as per rules, showcasing their compliance with lease obligations.

Why is the completion of Committee of Management and AGB meetings considered a vital eligibility criterion for PFCS?

It demonstrates the PFCS's commitment to organizational governance, ensuring that necessary meetings are conducted as per the OCS Act and Bye-laws of the Society.