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Govt launches country’s first fisheries biz incubator in Gurugram worth Rs 3.23 Cr

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National Cooperative Development Corporation has identified our states — Bihar, Himachal Pradesh, Gujarat and Maharashtra for the programme

Union Minister of Fisheries, Animal Husbandry and Dairying, Parshottam Rupala inaugurated the country’s first-of-its-kind, a dedicated business incubator to be known as LINAC- NCDC Fisheries Business Incubation Centre (LlFlC) in Haryana’s Gurugram costing Rs 3.23 crore to nurture fisheries start-ups under real market-led conditions.

 

Rupala said that the incubation unit will provide handholding such as training, converting entrepreneurial ideas into business models and doling out seed money to the new as well as existing business entrepreneurs keen to make big in the segment.

 

The National Cooperative Development Corporation (NCDC), an implementing agency for the LIFIC, has identified the first batch of ten incubators from four states — Bihar, Himachal Pradesh, Gujarat and Maharashtra. Out of them, six are from newly-created Fish Farmers Producer Organizations with the support of the financial grant under the PMMSY.

 

Minister of State for Fisheries, Animal Husbandry and Dairying Dr L Murugan enlisted various innovative steps taken for the first time including setting up the fisheries incubation centre under the guidance of the Prime Minister for all-round development of the society.

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