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

DETAILS The "Reactivation Of Fisheries Cooperative Societies" Component of the "Mukhyamantri Maschyajibi Kalyan Yojana" Scheme was launched by the Fisheries & Animal Resources Development Department, Government of Odisha. The objective of this 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. The scheme shall be implemented by the Directorate of Fisheries through the respective District Fisheries Officer. BENEFITS A one-time revolving fund of ₹2,00,000/-. ELIGIBILITY 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.