This Vehicle Subsidy Scheme Could Save You Lakhs — Are You Eligible?

Fisheries is one of those sectors that deals with perishable goods, and hence its quality highly depends upon its timely transportation from landing centres to marketplaces. Improper transport or delays while making the deliveries can result in the fish going bad and unsuitable for consumption, thus incurring huge losses to the fishermen.

To address these issues, the Union Territory of Puducherry introduced a scheme called the Grant of Subsidy for the Procurement of a Vehicle, implemented by the Department of Fisheries and Fishermen Welfare. It is a part of a much bigger initiative called the Puducherry Development of Shore-Based Facilities, Ice Plants, Service Units, Infrastructural Facilities, and Quick Transport Facilities.

With the help of this government scheme, fishermen can reap the benefits of huge subsidies and purchase specialised vehicles created only for the fulfilment of one purpose, and that is transportation. Proper transport vehicles with equipment can result in smooth and quick deliveries of produce from the fisheries sector.

Read the article to learn the complete details of this self-employment vehicle scheme, covering its meaning, benefits, eligibility criteria, and application process.

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What Is The Vehicle Subsidy Scheme Puducherry?

The Grant of Subsidy for the Procurement of a Vehicle is a transport-related initiative launched back in the year 2010 by the Union Territory of Puducherry, implemented by the Department of Fisheries and Fishermen Welfare. It is a sub-scheme of the broader government initiative called the Puducherry Development of Shore-Based Facilities, Ice Plants, Service Units, Infrastructural Facilities, and Quick Transport Facilities.

The main aim of the vehicle purchase subsidy scheme is to provide adequate subsidies to the fishermen so that they can purchase vehicles created especially for transportation purposes. With the help of such specialised vehicles, fishermen can easily transport their produce without it going bad. The authorities have also worked on the transport network that fishermen can follow while making deliveries to various marketplaces and shops. This not only preserves the quality of the produce but also reduces the rate of wastage.

Vehicle Procurement Assistance Scheme Benefits

The primary benefit that gets unlocked with the vehicle purchase subsidy scheme is the subsidy it provides to its beneficiaries. The breakdown of the subsidy based on boat type is described below in detailed points for one’s reference:

• Registered beneficiaries are provided with a 50% subsidy, which can go up to a maximum amount of Rs 75,000 for the purchase of an auto goods carrier of a ton capacity.

• A 50% subsidy, which can go up to a maximum amount of Rs 1.5 lakhs, is provided to those who are interested in purchasing a mini truck of one to three ton capacity.

• People interested in purchasing a mini lorry with a three to five ton capacity are provided with a 50% subsidy, which can go up to a maximum amount of Rs 3.5 lakhs.

• Beneficiaries of the vehicle purchase subsidy scheme are entitled to get a 50% subsidy, going up to a maximum of Rs 5 lakhs, for purchasing an insulated fish van with a five to ten-ton capacity.

• A 50% subsidy, which can go up to a maximum amount of Rs 15,000, is provided to those who are interested in purchasing a moped with an insulated ice box.

• People interested in purchasing engine spares for their boats are provided with a 50% subsidy, which can go up to a maximum amount of Rs 2,000 per annum for each boat.

Note that the subsidy amount will be directly credited to the bank account of the beneficiaries, eliminating the need for any middlemen in between.

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How To Apply For A Vehicle Subsidy In Puducherry?

Eligible applicants can apply for this government subsidy for vehicle purchase scheme by following an offline application procedure. The steps of the same are described below in a stepwise manner so that you can get a rough idea about the same:

Step 1: Please visit the office or sub-office of the Department of Fisheries and Fishermen Welfare.

Step 2: Request a staff member to provide you with an application form for the scheme.

Step 3: Enter all the details in the application form. Ensure that you do not miss anything or make mistakes while writing.

Step 4: Attach the self-attested copies of all the required supporting documents to the form.

Step 5: Review everything filled in the form, along with the order of the documents attached, before making the final submission. Collect the acknowledgement receipt with the date and time of submission of the form for future reference.

Conclusion

The Grant of Subsidy for the Procurement of a Vehicle is a significant supportive measure taken by the Union Territory of Puducherry for the fishermen working in the Union Territory. Through financial assistance in the form of loans, fishermen can easily purchase transport vehicles and make the deliveries of their produce to the marketplaces in as little time as possible so that its quality can be preserved.

With the introduction of this government scheme, authorities have also focused on the creation of a distribution network to improve the working of the transport and delivery aspect of the sector.

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