July 8: In a move aimed at providing greater financial relief to the fishing community, the Gujarat Cabinet has approved a key amendment to the state’s diesel Value Added Tax (VAT) relief scheme by removing the boat length criterion, allowing more fishermen to benefit from the subsidy.
The revised policy is expected to make the scheme more inclusive by extending eligibility to a larger number of fishing vessel owners, irrespective of the size of their boats. The decision is intended to ease the financial burden of rising fuel costs, one of the biggest operational expenses for fishermen.
State government officials said the amendment reflects the government’s commitment to strengthening the fisheries sector and improving the livelihoods of coastal communities. By broadening the scope of the scheme, the government aims to ensure that welfare benefits reach more beneficiaries engaged in marine fishing.
The Cabinet believes the revised policy will not only support fishermen economically but also encourage greater participation in the fisheries sector, which plays a vital role in Gujarat’s coastal economy. The updated diesel VAT relief scheme is expected to come into effect as per the government’s notified guidelines.
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