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Maharashtra Fisheries and Aquaculture Council
Empowering Maharashtra’s Fisheries Sector for a Sustainable and Prosperous Future
The Maharashtra Fisheries and Aquaculture Council is established with the vision of transforming Maharashtra into India’s leading state for sustainable fisheries, aquaculture, and marine ecosystem management. With a coastline of approximately 720 kilometers and extensive inland water resources, Maharashtra has significant potential to drive growth in fisheries and aquaculture, creating jobs, enhancing food security, and supporting the state’s rural economy. This council is dedicated to building a world-class fisheries ecosystem through policy reforms, sustainable practices, and cutting-edge technological interventions.
The council aims to position Maharashtra as the top destination for investments in fisheries, aquaculture infrastructure, and sustainable marine development by promoting environmentally-friendly practices, increasing productivity, and empowering local communities.
Vision of the Maharashtra Fisheries and Aquaculture Council
The Maharashtra Fisheries and Aquaculture Council envisions a sustainable, innovative, and globally competitive fisheries sector. By creating a conducive environment for investments, skill development, and sustainable growth, the council will support Maharashtra’s emergence as a leader in fisheries and aquaculture.
Key Vision Goals:
- Develop sustainable fisheries through modern practices, advanced aquaculture facilities, and eco-friendly technologies.
- Enhance livelihood opportunities for coastal and rural communities involved in fisheries.
- Promote Maharashtra as a global hub for seafood exports, contributing to India’s food security and economic growth.
Key Focus Areas of the Maharashtra Fisheries and Aquaculture Council
Sustainable Fisheries Development
The council will prioritize sustainable fisheries practices to balance economic growth with environmental conservation, ensuring that Maharashtra’s marine and inland water resources remain vibrant and productive.
Key Initiatives for Fisheries and Aquaculture:
- Eco-Friendly Fishing Practices: Promote sustainable fishing techniques to prevent overfishing, maintain biodiversity, and ensure long-term marine health.
- Regulated Fishing Seasons: Implement seasonal restrictions to protect fish breeding cycles and ensure a steady supply of marine resources.
- Fisheries Management Plans: Develop community-based management plans to encourage local participation in sustainable fisheries practices.
Development of Aquaculture Infrastructure
To support the growth of aquaculture, the council will facilitate investments in modern infrastructure, ensuring high productivity and quality standards in Maharashtra’s aquaculture industry.
Key Initiatives:
- Aquaculture Parks: Establish aquaculture parks with facilities for fish farming, shrimp culture, and value-added processing.
- Cold Storage and Processing Units: Develop cold storage and processing units near major fishing areas to reduce waste, improve quality, and increase product shelf life.
- Hatcheries and Nursery Facilities: Set up hatcheries and nurseries for species like shrimp, prawns, and native fish varieties to support high-yield and disease-free aquaculture.
Fisheries Technology and Innovation
The council will promote the adoption of advanced technologies to increase efficiency, improve productivity, and ensure sustainable management of fisheries resources.
Key Initiatives:
• Smart Aquaculture: Introduce IoT-enabled aquaculture systems for real-time monitoring of water quality, feed management, and disease prevention.
• GIS Mapping for Resource Management: Use GIS technology to identify and monitor fishing zones, optimize aquaculture locations, and manage marine biodiversity.
• Research and Development (R&D) Grants: Provide grants for R&D in sustainable fishing practices, disease control, and high-value fish species breeding.
Skill Development and Capacity Building
A skilled workforce is essential for the sustainable growth of the fisheries sector. The council will focus on developing training programs to empower local communities, fishermen, and aquaculture operators with modern skills.
Key Initiatives:
• Skill Training Centers: Establish skill centers to provide training in sustainable fishing, aquaculture management, and post-harvest technology.
• Capacity Building for Women and Youth: Focus on empowering women and youth through skill development, encouraging their active participation in fisheries and aquaculture.
• Fisheries Education and Certification Programs: Collaborate with universities and institutions to create specialized programs in fisheries science, aquaculture technology, and marine biology.
Fisheries Export Promotion and Market Access
The council aims to position Maharashtra as a premier exporter of high-quality seafood products by supporting market access, branding, and international collaborations.
Key Initiatives:
- Export Infrastructure: Develop dedicated export infrastructure, including cold chains, processing units, and logistics hubs, to facilitate seamless export operations.
- Branding Maharashtra Seafood: Promote Maharashtra’s seafood products in international markets, emphasizing quality, sustainability, and traceability.
- Participation in Global Trade Fairs: Encourage Maharashtra-based seafood producers to participate in international trade fairs, providing exposure to global buyers and markets.
Incentives for Fisheries and Aquaculture Investments
To attract investment in the fisheries and aquaculture sector, Maharashtra will offer a range of financial and non-financial incentives aimed at reducing costs, supporting technology adoption, and fostering sustainability.
| Incentive | Details |
| Capital Investment Subsidy | 40% subsidy on capital investments for setting up fish farms, processing units, and cold storage facilities, capped at ₹3 crores per project. |
| Land Allotment at Concessional Rates | Long-term lease options for land at concessional rates in designated aquaculture zones and coastal economic regions. |
| SGST Reimbursement | 100% SGST reimbursement on sale of fish and fish-related products for the first 5 years of operation. |
| Logistics Hub and Warehousing | Up to 30% subsidy on the development of logistics parks, cold storage facilities, custom-bonded warehouses, and container depots. |
| Export Duty Rebates | Export duty rebates for processed and value-added seafood products to enhance Maharashtra’s competitive edge in international markets. |
| Electricity Duty Exemption | Full exemption from electricity duty for fisheries and aquaculture units for the first 5 years. |
Land Allotment and Concessions
To support the development of Fisheries and Aquaculture Exports, Maharashtra will provide land at concessional rates and other related incentives for developers. This ensures that port infrastructure projects have access to strategically located land for both food processing operations and associated industries.
| Incentive | Details |
| Technology Upgradation Grants | 50% subsidy on equipment for sustainable aquaculture practices, smart fisheries technology, and eco-friendly processing systems. |
| Environmental Protection Subsidies | Grants for eco-friendly aquaculture practices and waste management systems, promoting green aquaculture practices. |
| Fast-Track Land Acquisition | Fast-track approvals for land acquisition in designated maritime zones, ensuring quick project implementation and reduced bureaucratic delays. |
| Preferential Treatment for SEZs | Land in Special Economic Zones (SEZs) for maritime-related industries will be allotted at concessional rates, promoting exports and industrial growth. |
Tax Incentives
Maharashtra will offer a comprehensive range of tax incentives to reduce the operational costs for maritime investors. These incentives include tax holidays, SGST reimbursement, and customs duty exemptions for Fisheries and Aquaculture infrastructure development.
| Incentive | Details |
| 100% SGST Reimbursement | Full reimbursement of State Goods and Services Tax (SGST) on the sale of goods and services related to Fisheries and Aquaculture development, logistics, and maritime operations for a period of 10 years. |
| Income Tax Holidays | 10-year income tax holiday for companies involved in Fisheries and Aquaculture operations, and logistics infrastructure. |
| Exemption on Stamp Duty and Registration | 100% exemption on stamp duty and registration fees for Fisheries and Aquaculture developers, logistics parks, during the initial development phase. |
| Exemption on Electricity Duty | Exemption on electricity duty for port developers and operators for the first 7 years of operation to reduce energy costs. |
| Customs Duty Exemptions | Customs duty exemptions for the import of capital goods, machinery, and equipment required for Fisheries and Aquaculture development, shipbuilding, infrastructure. |
Interest and Financial Support
To make it easier for investors to finance large-scale maritime projects, Maharashtra will offer interest subsidies and other financial support to companies engaged in Fisheries and Aquaculture infrastructure and logistics.
| Incentive | Details |
| Interest Subsidy on Loans | 50% interest subsidy on loans for Fisheries and Aquaculture infrastructure projects, including logistics hubs, for a period of 7 years. |
| Subsidized Loans for Marine Tourism | Interest subsidies on loans for the development of Fisheries and Aquaculture facilities, including marinas, cruise terminals, and water sports infrastructure. |
| Access to Venture Capital | Access to state-backed venture capital funds for companies investing in innovative Fisheries and Aquaculture technologies, automation, and smart Fisheries and Aquaculture solutions. |
| Export Credit and Financing Support | Export credit facilities for businesses exporting from Maharashtra’s ports, ensuring competitive financing for maritime trade. |
| Performance-Based Financial Support | Additional financial incentives based on the performance of Fisheries and Aquaculture in terms of cargo handled, employment generated, and adherence to green standards. |
Environmental and Sustainable Development Incentives
To promote sustainable Fisheries and Aquaculture development and reduce the environmental impact of Fisheries and Aquaculture activities, Maharashtra will provide a range of incentives for green projects that focus on energy efficiency, waste management, and carbon footprint reduction.
| Incentive | Details |
| Green Port Subsidies | 35% capital subsidy for projects that invest in solar energy, wind energy, and energy-efficient Fisheries and Aquaculture infrastructure. |
| Grants for Waste Management Systems | Grants for Fisheries and Aquaculture that implement waste management, recycling systems, and ballast water treatment technologies. |
| Carbon Offset Credits | Fisheries and Aquaculture can receive carbon offset credits for implementing low-carbon technologies, which can be traded or used for tax reductions. |
| Green Building Certifications | Subsidies and tax incentives for developers constructing LEED-certified buildings and eco-friendly facilities within port zones and logistics parks. |
| Marine Environment Protection Funds | Financial support for Fisheries and Aquaculture that invest in marine biodiversity protection, coastal restoration, and sustainable fishing practices in Maharashtra’s coastal regions. |
Incentives for Coastal Fisheries and Aquaculture and Inland Waterways Development
To encourage the growth of coastal Fisheries and Aquaculture and inland waterway networks, Maharashtra will offer specific incentives aimed at reducing the cost of infrastructure development and operations in these sectors.
| Incentive | Details |
| Subsidies for Coastal Shipping Terminals | 30% subsidy on the development of coastal shipping terminals, Ro-PAX facilities, and logistics hubs that support coastal Fisheries and Aquaculture trade and transport. |
| Tax Benefits for Coastal Operators | Income tax exemptions for coastal shipping operators for a period of 10 years, promoting the use of coastal shipping routes over road transport. |
| Inland Waterways Development Grants | Grants and subsidies for the construction and operation of inland waterway terminals, encouraging the use of waterways for freight movement and reducing congestion on roads. |
| Custom Duty Exemptions | Customs duty exemptions for the import of vessels, barges, and infrastructure required for Fisheries and Aquaculture coastal and inland waterway shipping. |
Incentives for Marine Tourism Development
Maharashtra’s coastline holds immense potential for Fisheries and Aquaculture tourism, and the state is offering lucrative incentives to investors in cruise tourism, marinas, and water sports infrastructure.
| Incentive | Details |
| Subsidies for Cruise Terminal Development | 30% subsidy on investments in cruise terminals, encouraging the development of luxury cruises, ferry services, and international passenger routes. |
| Marina Development Subsidy | 35% subsidy on investments in marina infrastructure, including yacht facilities, docking stations, and premium waterfront hospitality services. |
| Water Sports and Adventure Tourism Grants | Grants and incentives for companies developing water sports, including jet-skiing, scuba diving, snorkeling, and deep-sea fishing along Maharashtra’s coast. |
| Sea-Plane Connectivity Subsidy | Financial support for the development of sea-plane infrastructure, encouraging connectivity between Mumbai and key coastal tourism destinations like Alibaug and Ratnagiri. |
Special Incentives for Technology and Innovation in Fisheries and Aquaculture Sector
Maharashtra is committed to becoming a leader in Fisheries and Aquaculture innovation. Incentives will be provided for companies developing advanced technologies in port automation, smart logistics in Fisheries and Aquaculture.
| Incentive | Details |
| Smart Fisheries and Aquaculture Technology Grants | Grants for the deployment of smart Fisheries and Aquaculture technologies, such as AI-driven Fisheries and Aquaculture handling systems, real-time monitoring systems, and blockchain-based logistics solutions. |
| Incentives for Automation and Robotics | Subsidies for the installation of robotics and automated systems in Fisheries and Aquaculture handling, equipment repair, and Fisheries and Aquaculture management to enhance operational efficiency. |
| Innovation and R&D Support | Grants for R&D in Fisheries and Aquaculture technologies, including smart AI-based maritime navigation, and green shipbuilding technologies. |
| Digital Infrastructure Development | Tax benefits for the development of digital infrastructure, such as Fisheries and Aquaculture management systems, real-time data analytics, and digital Fisheries and Aquaculture platforms. |
Incentives for Employment Generation and Skill Development
To promote local employment and the development of skilled workers in the Fisheries and Aquaculture sector, Maharashtra will offer incentives for companies that generate employment and invest in skill development programs.
| Incentive | Details |
| Employment Generation Grants | Grants and subsidies for companies that create a significant number of jobs in Fisheries and Aquaculture development, shipbuilding, logistics, and marine tourism sectors. |
| Skill Development Subsidies | 50% reimbursement for companies investing in Fisheries and Aquaculture skill development programs, including training for port operators, logistics managers, and shipyard workers. |
| On-the-Job Training Incentives | Financial support for companies offering on-the-job training and internships for local workers in the Fisheries and Aquaculture sector, promoting skill development and job creation. |
Export Promotion and Trade Facilitation
Maharashtra will provide incentives to promote exports and facilitate international trade through its ports, ensuring that Fisheries and Aquaculture exporters have access to world-class infrastructure and trade finance options.
| Incentive | Details |
| Export Infrastructure Grants | Grants for developing export-related infrastructure, including cold storage facilities, customs bonded warehouses, and container freight stations near major ports. |
| Export Credit and Trade Finance Support | Trade credit facilities and low-interest export financing for companies using Maharashtra’s Fisheries and Aquaculture to export goods globally. |
| Export Duty Exemptions | Duty exemptions on goods exported from Maharashtra’s ports, promoting the state’s position as India’s leading Fisheries and Aquaculture export hub. |
| International Trade Facilitation Services | Access to state-backed trade facilitation services, ensuring smooth and efficient export processes of Fisheries and Aquaculture for businesses using Maharashtra’s ports. |
Sustainable Practices and Environmental Initiatives
The Maharashtra Fisheries and Aquaculture Council is committed to promoting sustainable practices that protect and preserve the marine and freshwater ecosystems.
Key Initiatives:
- Green Aquaculture: Incentivize sustainable practices such as biofloc technology, recirculating aquaculture systems, and integrated multi-trophic aquaculture.
- Marine Biodiversity Conservation: Develop policies and awareness programs to protect endangered species, coral reefs, and marine habitats.
- Waste Management in Fisheries: Encourage zero-waste practices in processing units and provide subsidies for waste management technologies.
Engagement with Local Communities and Stakeholders
A vital component of the council’s mission is to ensure that the local communities involved in fishing and aquaculture activities benefit directly from sectoral growth.
Key Initiatives:
- Community-Based Fisheries Management: Empower local fishing communities to participate in resource management and decision-making processes.
- Livelihood Support Programs: Offer grants and training programs to fishing communities to diversify income sources through activities such as eco-tourism and fish processing.
- Direct Market Access for Fishermen: Create platforms to connect fishermen directly with consumers and retailers, eliminating middlemen and increasing fishermen’s earnings.
Governance and Implementation
The Maharashtra Fisheries and Aquaculture Council will be managed by a governing board, comprising representatives from government agencies, industry experts, academic institutions, and local fishing communities. This council will be responsible for:
- Monitoring Policy Implementation: Overseeing the implementation of policies, tracking outcomes, and ensuring that targets are met.
- Coordinating with Stakeholders: Engaging with stakeholders, including central government agencies, private investors, and international organizations, to drive sectoral growth.
- Periodic Policy Reviews: Conducting periodic reviews and updates to ensure the policy remains relevant to industry needs and environmental challenges.
Conclusion: Building a Thriving Fisheries and Aquaculture Ecosystem
The Maharashtra Fisheries and Aquaculture Council is poised to lead Maharashtra toward a sustainable and prosperous fisheries and aquaculture industry. By offering strategic incentives, promoting sustainable practices, and fostering local and global partnerships, the council aims to transform Maharashtra into a national leader in fisheries and aquaculture.
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About Make in Maharashtra
The Make in Maharashtra is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Make in Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.