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 world
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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 195051 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 Culture
Type 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 Phytoplankton
molitrix
Surface Feeder
Grass Carp
Ctenopharyngodon
idella
Herbivorous
Surface,
column,
marginal areas
Common
Carp
Cyprinus carpio
Detritivorous/ Bottom feeder
Omnivorous
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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- ratio
Species
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)
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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ACA-TM-37 (v2.2-20-Nov-10)