Fisheries · Jharkhand
Pond Development Subsidy in Jharkhand
Pond Development
NABARD Unit Cost for Pond Development in Jharkhand
Government-approved benchmark amount for fisheries financing
Pond Development — WSA 1 Ha x6ft excavation
Eligibility for Pond Development Subsidy in Jharkhand
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Jharkhand
- 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: WSA 1 Ha x6ft excavation. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Pond Development Subsidy in Jharkhand
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹9,00,000 as the benchmark for a WSA 1 Ha x6ft excavation investment.
- Visit your bank in Jharkhand — 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:
More Fisheries Subsidies in Jharkhand
- Renovation of Pond (one Hectare)₹7,00,000
- Gill Net₹6,000
- Drag Net₹30,000
- Seed Production in Seasonal Ponds₹25,000
- Rearing Pond₹43,700
- Pangasius Suchi catfish farming₹1,03,800
- Scientific Intensive Pangasius suchi catfish farming with supplementary feed₹2,24,900
- Cage Construction in reservoirs Fabricated with G.I. Pipe₹3,00,000
More Subsidy Categories in Jharkhand
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Agriculture News
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Frequently Asked Questions
What is the NABARD subsidy amount for Pond Development in Jharkhand?
The NABARD unit cost for Pond Development in Jharkhand is ₹9,00,000 (specification: WSA 1 Ha x6ft excavation). 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 "WSA 1 Ha x6ft excavation" mean for Pond Development?
The specification "WSA 1 Ha x6ft excavation" 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 Pond Development subsidy in Jharkhand?
Step 1: Prepare a DPR for Pond Development using the NABARD unit cost of ₹9,00,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Jharkhand 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 Pond Development in Jharkhand?
Pond Development 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 Jharkhand.
Which state gives the highest subsidy for Pond Development?
Jharkhand offers ₹9,00,000 for Pond Development, 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 Pond Development financing in Jharkhand?
NABARD-linked term loans for fisheries investments like Pond Development 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.