LlFlC: India’s First Fisheries Business Incubator

On 17th November, 2021, the Union Ministry of Fisheries, Animal Husbandry and Dairying inaugurated India’s first-of-its kind fisheries Business Incubation Centre (LlFlC) in Haryana’s Gurugram to nurture fisheries start-ups under real market-led conditions.

  • The National Cooperative Development Corporation (NCDC), an implementing agency for the LIFIC, has identified the first batch of ten incubatees from four states—Bihar, Himachal Pradesh, Gujarat and Maharashtra.
  • Out of them, 6 are from newly-created Fish Farmers Producer Organizations with the support of the financial grant under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Impact

  • The incubation unit will provide handholding such as training, converting entrepreneurial ideas into ....
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