fishery project finance ( fresh water)
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Fishery Project Finance ( Fresh water). Manas Ranjan Mohanty , GM . Indian Fisheries: An overview. significant commercial enterprise, contributing to employment generation, food and nutritional security and foreign exchange earnings. - PowerPoint PPT PresentationTRANSCRIPT
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ACA-TM-37 (v2.2-20-Nov-10)
Fishery Project Finance ( Fresh water)
Manas Ranjan Mohanty , GM
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ACA-TM-37 (v2.2-20-Nov-10)
Indian Fisheries: An overview• significant commercial enterprise, contributing to
employment generation, food and nutritional security and foreign exchange earnings.
• Rs 67 913 crore to the GDP during 2009-2010, which is 0.96 percent of GDP
• export of marine products reached 813 091 tonnes valued at Rs. 12 901.47 crore and US $ 2.857 billion ( 2010-11)
Planning Commission
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ACA-TM-37 (v2.2-20-Nov-10)
Indian Fisheries: An overview
• Exclusive Economic Zone (EEZ) of 2.02 million sq. km, a continental shelf area of 530 000 sq. km and a coastline of 8 118 km
• 45 000 km of the riverine resources
• the richest fish germplasm in the world3
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ACA-TM-37 (v2.2-20-Nov-10)
Indian Fisheries: An overview
• reservoir resources cover more than 3.0 million ha • the third largest producer of inland fish in the world
(after China and Bangladesh) • the second largest producer of farmed fish, after
China.
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ACA-TM-37 (v2.2-20-Nov-10)
Indian Fisheries: An overview
• Fish production in India has shown an increasing trend from 0.72 million metric tonnes (mmt) in 1950-51 to reach 8.288 mmt in 2010-11
• 3.220 mmt from marine sources
• 5.068 mmt from inland fisheries (including aquaculture)
Source Planning Commission
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ACA-TM-37 (v2.2-20-Nov-10)
Indian Fisheries: An overview
• 14.49 million people engaged in various fisheries related activities• Small scale nature• a source of protein rich nutritious
food• livelihood to poor people Source Planning Commission
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ACA-TM-37 (v2.2-20-Nov-10)
Potential of Inland Fisheries
• immense potential
• fish productivity of freshwater aquaculture far below the potential
• area under culture is also a small part of the existing resources 0.95 mha out of 2.41 mha
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ACA-TM-37 (v2.2-20-Nov-10)
Composite Fish Culture
• Composite Fish Culture for maximum fish production
• utilization of available fish food organisms in all the natural niches, supplemented by artificial feeding
• water depth of 2 metres with minimum level not to fall below 1metre
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ACA-TM-37 (v2.2-20-Nov-10)
Composite CultureType of fish Scientific Name Feeds on Area of water
bodies utilised
Catla Catla catla Zoo plankton Surface feeder
Rohu Labeo rohita Omnivorous Column feeder
Mrigal Cirrihinus mrigala Detritivorous Bottom feeder
Silver Carp Hypophthalmichthys molitrix
Phytoplankton Surface Feeder
Grass Carp Ctenopharyngodon idella
Herbivorous Surface, column, marginal areas
Common Carp
Cyprinus carpio Detritivorous/Omnivorous
Bottom feeder
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ACA-TM-37 (v2.2-20-Nov-10)
Technical Parameters- selection of Pond
Selection of Pond: • soil water retentive• assured sufficient supply of water • not in a flood prone area. • owned by the individual or taken on lease in
which case the lease period should be more or coterminous with the repayment period.
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ACA-TM-37 (v2.2-20-Nov-10)
Pond management
• Prestocking : removal of weeds , unwanted /predatory fishes
• Liming: alkaline soil/ water ( 8.6- 9.6 pH)• Fertilisation/ manuring : organic and inorganic• Stocking fingerlings after 15 days of
fertilisation ; fingerlings @ 5000 per ha
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ACA-TM-37 (v2.2-20-Nov-10)
Stocking- ratioSpecies 3-species 4-species 6- species
Catla 4.0 3.0 1.5
Rohu 3.0 3.0 2.0
Mrigal 3.0 2.0 1.5
Silver carp - - 1.5
Grass carp - - 1.5
Common Carp - 2.0 2.0
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ACA-TM-37 (v2.2-20-Nov-10)
Post Stocking
• Supplementary feeding ( rice bran and oil cake, GOC, cotton seed oil cake) 5-6% of body wt
• Manuring – organic monthly @1000 kg /ha• Inorganic fertilisation at monthly interval• Harvesting – at 1 year ; 4-5 tonnes /ha
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ACA-TM-37 (v2.2-20-Nov-10)
Bank Finance
• Eligible borrowers ( individuals/ company/partnership firm/co-op society / group)
• Prior training essential (FFDA)• Margin : small – 5 % medium – 10 % larger farmer – 15 %• Subsidy : NFDB and /or Govt.
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ACA-TM-37 (v2.2-20-Nov-10)
Subsidy (NFDB)
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Name of Scheme/Activity
Unit Cost Pattern of Assistance
Construction of new ponds
a) 3.00 lakh/ ha for plain area
20% subsidy with a ceiling of 0.6 lakh/ha(25% for SC & ST ceiling 0.75 lakh/ha)
- Do - b) 4.00 lakh/ ha in hillstates/districts and NE region
20% subsidy with a ceiling of 0.8 lakh/ha (25% for SC & ST ceiling 1 lakh/ha)
Renovation of existing ponds
0.75 lakh/ha 20% subsidy with a ceiling of 0.15 lakh/ha (25% for SC & ST ceiling 0.187 lakh/ha)
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ACA-TM-37 (v2.2-20-Nov-10)
Subsidy (Central Sponsored Plan Scheme)
Name of Scheme/Activity Unit Cost Pattern of Assistance
Construction of new ponds 3.00 lakh/ ha 20% subsidy with a ceiling of 0.6 lakh/ha(25% for SC & ST ceiling 0.75 lakh/ha)
Renovation of existing ponds
0.75 lakh/ha 20% subsidy with a ceiling of 0.15 lakh/ha (25% for SC & ST ceiling 0.187 lakh/ha)
Cost of Input 0.50 lakh/ha General 20% (25% for SC & ST)
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ACA-TM-37 (v2.2-20-Nov-10)
Financial Outlay
• Capital cost and recurring cost for a model scheme available on NABARD Website https://www.nabard.org/english/fisheries.aspx
• Capital cost to include Site clearance, Construction of pond, Diesel Pump Set, Inlet/outlet sluices, Store Room/rest room, Nets and other implements, Miscellaneous
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ACA-TM-37 (v2.2-20-Nov-10)
Financial outlay
Operational cost ( 1 crop one year) to include Drying, desilting and ploughing, Lime, single Super Phosphate, Urea, Raw Cow Dung, Fish Seed , Fish Feed, Harvesting charges, Miscellaneous
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ACA-TM-37 (v2.2-20-Nov-10)
Financial Analysis
• In model scheme the financial viable parameters as follows:
• NPW @ 15%• BCR @ 15% (1.54 :1)• IRR above 50%
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ACA-TM-37 (v2.2-20-Nov-10)
Repayment
• Repayment of the loan 8 years in equated annual installments with a moratorium on repayment of principal in the first year.
• Rate of interest as per bank/RBI Norms• Security as per RBI/bank norms from time to
time• Rate of refinance as per NABARD norms from
time to time
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ACA-TM-37 (v2.2-20-Nov-10)
Questions
THANKS FOR YOUR ATTENTION
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