1. Reduce BCD from 30% to 5% on frozen fish based surmi for manufacture & exports of its analog products.
2. Reduced BCD from 15% to 5% on fish hydrolysate for manufacture of fish and shrimp feeds.
3. Nirmala sitaraman said, “India ranks second-largest globally in fish production and aquaculture. Seafood exports are valued at ` 60 thousand crore. To unlock the untapped potential of the marine sector, our Government will bring in an enabling framework for sustainable harnessing of fisheries from Indian Exclusive Economic Zone and High Seas, with a special focus on the Andaman & Nicobar and Lakshadweep Islands.”
4. Kisan Credit Cards (KCC) facilitate short term loans for 7.7 crore farmers, fishermen, and dairy farmers. The loan limit under the Modified Interest Subvention Scheme will be enhanced from ` 3 lakh to 5 lakh for loans taken through the KCC.
5. For long-term financing for the maritime industry, a Maritime Development Fund with a corpus of ` 25,000 crore will be set up.
6. Public Sector Banks will develop ‘Grameen Credit Score’ framework to serve the credit needs of SHG members and people in rural areas.
