Government has taken note of the launching of the Grant Scheme for the Purchase of Outboard Engine and Fishing Nets by Fishermen Cooperatives. The objectives of the Grant Scheme are to enable fishermen grouped in cooperatives to procure the necessary tool and equipment for their fishing activities and to give a boost to the fishermen community to modernise their fishing activity.
Moreover, it aims to increase the catch of fishermen; and enhance the financial position of fishermen cooperatives as well as to encourage participatory initiatives in the development of the cooperative fishing sector.
The Grant Scheme comprises the provision of financial assistance to fishermen cooperatives for the purchase of New Outboard Engine and Fishing Nets. A grant of 60% of the cost of an Outboard Engine and Fishing Nets up to a maximum of Rs60,000 would be provided to fishermen cooperatives.
Source: Government of Mauritius