Fisheries · Gujarat
Motor for boat Subsidy in Gujarat
Motor for boat
NABARD Unit Cost for Motor for boat in Gujarat
Government-approved benchmark amount for fisheries financing
Motor for boat — 4 Stroke engine 10HP
Eligibility for Motor for boat Subsidy in Gujarat
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Gujarat
- Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs)
- Agri-entrepreneurs and cooperatives for commercial-scale investments
- SC/ST farmers and women farmers (eligible for enhanced subsidy component of 5–10% additional)
Specification note
This unit cost applies specifically to: 4 Stroke engine 10HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Motor for boat Subsidy in Gujarat
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹1,50,000 as the benchmark for a 4 Stroke engine 10HP investment.
- Visit your bank in Gujarat — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to PMMSY.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- Subsidy credit to loan account — The capital subsidy is deposited directly into your loan account, reducing the outstanding principal. Total processing time: 30–60 days.
Relevant central schemes:
Motor for boat Subsidy — State-wise Comparison
NABARD unit costs for Motor for boat across 2 states. Amounts reflect local input costs and state-level additions.
More Fisheries Subsidies in Gujarat
- Fibre Glass Boat₹5,00,000
- Brackish Water Farming₹15,00,000
- Brackish Water Farming₹8,00,000
- Motor for boat₹1,20,000
- New Pond₹7,00,000
- Renovation of old pond₹3,50,000
- Solar Fish Dryer₹1,50,000
- Solar Fish Dryer₹20,00,000
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Frequently Asked Questions
What is the NABARD subsidy amount for Motor for boat in Gujarat?
The NABARD unit cost for Motor for boat in Gujarat is ₹1,50,000 (specification: 4 Stroke engine 10HP). This is the benchmark amount banks use when sanctioning a term loan for this activity. The actual subsidy you receive depends on the scheme — typically 25–50% of the unit cost.
What does "4 Stroke engine 10HP" mean for Motor for boat?
The specification "4 Stroke engine 10HP" defines the exact scale or parameters of the investment — such as area in hectares, capacity in litres per day, number of animals, or structural dimensions. NABARD unit costs are tied to this specification; a different scale may have a different unit cost. If your project differs, ask your bank to use the nearest applicable NABARD benchmark.
How do I apply for the Motor for boat subsidy in Gujarat?
Step 1: Prepare a DPR for Motor for boat using the NABARD unit cost of ₹1,50,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Gujarat with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Fisheries department. Step 4: After physical verification, the subsidy is deposited into your loan account. Total processing time is typically 30–60 days.
Which government scheme covers Motor for boat in Gujarat?
Motor for boat falls under the Fisheries category. Relevant central schemes include Pradhan Mantri Matsya Sampada Yojana (PMMSY). Check the Apply section below for the specific portal and nodal department in Gujarat.
Which state gives the highest subsidy for Motor for boat?
Gujarat offers ₹1,50,000 for Motor for boat, which is among the higher rates across Indian states. The compare table below shows the exact amount in each state where NABARD has published a unit cost for this activity.
What is the loan repayment period for Motor for boat financing in Gujarat?
NABARD-linked term loans for fisheries investments like Motor for boat typically have a repayment period of 5–9 years (including a moratorium of 1–2 years). The moratorium aligns with the gestation period of the investment — for example, a fruit orchard may take 3 years to yield income, so repayment begins after that. Exact tenure depends on your bank and the specific scheme.