ACA-TM-37 (v2.2-20-Nov-10)

Fishery Project Finance ( Fresh water)

Manas Ranjan Mohanty , GM

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

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)

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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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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