CMAAA/FI/FI/01

Project Profile
for
Financial Assistance
under
Chief Minister’s Atmanirbhar Asom Abhijan (CMAAA)

Name of the scheme: Fish farming

Total project cost: Rs.2,10,000.00/-
 Project at a glance

1. Name of the Entrepreneur :

2. Constitution (Legal status) : Individual

3. Father’s/ Spouse’s Name :

4. Contact details :
District :
LAC :
Block/Town :
Village/Ward :
PO :
PIN :
Email ID :
Mobile No. :
5. Location of the unit :
District :
LAC :
Block/Town :
Village/Ward :
PO :
PIN :
6 Nearest office of Fishery Deptt. :

7. Applicant’s Bank Details : A/c No.-

Bank & Branch:
IFS Code:
8. Proposed Activity : Fish farming

9. Cost of the Project : Rs. 210000.00 (Approx.)

10. Means of Finance :

Govt. Subsidy : Rs.100000.00
Bank loan : Rs.110000.00
Total : Rs.210000.00
2nd trench of Govt. assistance of Rs.100000.00 after 1 year & third party verification.
(Govt. may consider further assistance to the successful units)

11. Pay Back Period : 5 years

 1. Background:

The "Chief Minister's Atmanirbhar Asom Abhijan 2023" is a visionary initiative of

Hon’ble Chief Minister of Assam, aimed at addressing the issue of unemployment and
fostering inclusive progress in the state. The Abhijan aims at empowering the youths of
the state with self-employment opportunities and is a significant step towards building a
more self-reliant and prosperous Assam. This holistic approach will not only benefit the
individuals, but also will contribute to the overall socio-economic development of the state,
creating a brighter future for all its residents.
Under the scheme financial assistance is proposed to be provided as indicated
below:
Educational qualification of the Quantum of Quantum of Total financial
applicant subsidy interest free assistance
loan
Minimum qualification: Rs.50000.00 Rs.50000.00 in Rs.200000.00
For general categories: in first year the 1st year
Matriculate
For ST/SC/ OBC: Up to Class-X Rs.50000.00 Rs.50000.00 in
ITI, Polytechnic, Diploma in other in 2nd year 2nd year
technical courses, post graduates
from recognized universities/
institutes
Degree holders in professional Rs.125000.00 Rs.125000.00 in Rs.500000.00
courses like Engineering, MBBS, in first year first year
BDS, Veterinary, fisheries,
agriculture, CA etc. Rs.125000.00 Rs.125000.00 in
in 2nd year 2nd year

Out of the total project cost, amount other than the govt. assistance will be financed
through Bank. Loan under the scheme will be covered under the CGTMSE and Assam
Credit Guarantee Scheme.
2. Introduction about the Project:
Fish farming is cultivating fish and other aquatic organisms in controlled
environments for commercial or recreational purposes. Assam, with its abundant water
resources, presents a promising landscape for fish farming. The state boasts numerous
rivers, ponds, and wetlands, creating a conducive environment for aquaculture. The state
boasts of a variety of indigenous fish species. Farmers have the opportunity to cultivate
popular local fish such as Rohu, Catla, Mrigal, and various carp species, as well as exotic
species like Pangasius (Kos) and Tilapia (Koi). Due to the fertile lands surrounding water
bodies, aquaculture can complement traditional agriculture, offering a diversified and
sustainable source of income for rural households.
3. Potential of the Sector:
With its huge non vegetarian population, Assam possesses immense potential for
fish farming. Assam ranks 5th in India in terms of per capita fish consumption with average
consumption of 11.72 kgs per person annually. Despite having abundant water resources
like ponds, beels (lakes), rivers, and reservoirs, the state currently falls short of meeting its
own fish demand. As of 2019-20, Assam's fish production stood at 3.73 lakh
tonnes, registering a 26.8% increase since 2015-16. However, this still falls short of the
state's annual demand by 3.36 Lakh tonnes. This high demand creates a significant
market opportunity. Due to the production deficit, Assam currently imports a huge quantity
of fish from the states like Andhra Pradesh, West Bengal, and Uttar Pradesh. This gap
highlights the vast potential for increased production of fish in Assam.
 4. Marketing Strategy (to be filled up by the applicant)
Name of the district :
Population of the district :
Population consuming fish in the district :
(approx)

Per capita average annual consumption of Fish :

(approx)

Approximate annual demand of fish in the :

district (in kg)

Existing production of fish in the district (in Kg) :

Target market of the applicant:

Within the district (in Kg) :
Outside the district (in Kg) :

Name of major markets/restaurant chains for :

sale of Fish

5. Process:
Fish farming in Assam typically involves several stages and methods tailored to the
region's environmental conditions. Here's a general overview of the process:

1. Site Selection: Identification of suitable land for fish farming.

2. Pond Preparation: Digging of pond using excavator, consolidation of bund,

leveling the pond bottom and preparation of the pond bed for proper water
retention and growth of fish.

3. Pond Filling and Management: Filling the pond with quality water, managing
water quality by monitoring pH levels, dissolved oxygen content, and
temperature.

4. Application of organic or inorganic fertilizers to make the pond ready for rearing
of fish.
 5. Seed Selection: Choosing fish species suitable for the region's climate and
market demand, such as Rohu, Catla, Mrigal, Grass carp & Vangan. Healthy
fingerlings are procured from reputed hatcheries and stocking in the pond with
appropriate density.

6. Feeding and Nutrition: Suitable concentrated fish feed is provided based on the
fish species and their stages of growth. Feeding frequency and quantity is
monitored to ensure optimal growth.

7. Disease Control and Management: The water quality as well as the fishes is
monitored regularly to identify any signs of disease. Preventive measures like
maintaining water quality, providing balanced nutrition and using appropriate
medication etc. to be done as per guidance from fishery experts.

8. Harvesting: Determining the ideal harvesting time based on the growth and
market demand. Using proper equipment and techniques for harvesting to
minimize stress and damage to the fish.

9. Transportation of harvested fish to markets/ processing units for final

consumption.

6. Financial Analysis:

A. Fixed Capital Investment

a. Land : Own

b. Workshed Area Sq.ft Rate in Rs. Amt. In Rs.

Construction of Pond including digging, bund 14400 11.00 158400.00
construction and consolidation.

Total 158400.00

C. Machinery Qty. Rate Amount in Rs.

Tube well or well for water supply 1 17000.00 17000.00
Fishing Nets 4 2000.00 8000.00
Weight and balance 1 2000.00 2000.00
Hand Tools 2 2500.00 5000.00
Total 32000.00
 d. Preliminary & Pre-operative Cost : Rs. 2000.00
e. Furniture & Fixtures : Rs. 3000.00
f. Contingency/Others/Miscellaneous : Rs. 6098.00
Total Capital Expenditure : Rs. 201498.00

Working Capital Rs. 8502.00

(* Details provided below)
Total Cost Project : Rs. 210000.00

Means of Financing :
Govt. Assistance Rs. 100000.00
Bank Finance : Rs. 110000.00
Total Rs. 210000.00

2nd trench of Govt. assistance after 1 year & third party verification Rs. 100000.00

STATEMENT SHOWING THE REPAYMENT OF BANK LOAN:

Interest @
Year Opening Balance Installment Closing Balance
12.00%
1 st 110000.00 2000.00 108000.00 13200.00
2 nd 108000.00 102000.00 6000.00 12960.00
3 rd 6000.00 2000.00 4000.00 720.00
4 th 4000.00 2000.00 2000.00 480.00
5 th 2000.00 2000.00 0.00 240.00
Note: 2nd year instalment includes adjustment of 2nd trench of Govt. assistance of Rs 100000.00

STATEMENT SHOWING THE DEPRECIATION ON FIXED ASSETS:

WORKSHED @ 10.00%
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Opening Balance 158400.00 142560.00 128304.00 115473.60 103926.24
Depreciation 15840.00 14256.00 12830.40 11547.36 10392.62
Closing Balance 142560.00 128304.00 115473.60 103926.24 93533.62
EQUIPMENT @ 15.00%
Opening Balance 32000.00 27200.00 23120.00 19652.00 16704.20
Depreciation 4800.00 4080.00 3468.00 2947.80 2505.63
Closing Balance 27200.00 23120.00 19652.00 16704.20 14198.57
TOTAL DEPRECIATION
Work shed 15840.00 14256.00 12830.40 11547.36 10392.62
Equipments 4800.00 4080.00 3468.00 2947.80 2505.63
Total 20640.00 18336.00 16298.40 14495.16 12898.25
Schedule of Sales Realization :
Details of Sales
Rate Kg Amount in Rs.
Particulars of Product
Sale of Fish after 10 month- catla ,rohu, Mrigal & 350.00 760 266000.00
Grass carp with average weight of apprx 2 kg
(Mortality considered to be 5%)
Sale of Vangan fish after 8 Months with average 150.00 71 10650.00
weight of 50 gm per fish
(Mortality considered to be 5%)

Sale of empty gunny bags Lumpsum 5000.00

Sale of empty lime tin Lumpsum 1000.00
Total 760 282650.00
 Capacity Utilization of Sales
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year

Capacity Utilization 70% 80% 90% 90% 90%

Sales / Receipts 197855 226120 254385 254385 254385

Raw materials :
Particulars Unit Rate/unit Reqd.Unit Amount in Rs.
Fish seed -(catla ,rohu, mrigal and KG 300.00 4 1200.00
Grass carp) @ 1 KG each
Apprx. total Nos of fish seed 100
nos./kg
Fish seed - (Vangan) Kg 100.00 15 1500.00
Apprx. total Nos of fish seed 100
nos./kg

Lime @1kg/day Kg 50.00 365 18250.00

Raw cow dung @5kg/day LS 5.00 1825 9125.00
Mustard oil Cake @2kg/day KG 35.00 730 25550.00
Concentrated Fish feed @2 Kg/day KG 40.00 730 29200.00

Medicine & visit of fishery expert LS 5000.00

0.00
Total 89825.00

Wages :(as per Labour Department norms)

No. of Wages Amount in Rs.
Particulars
Worker Per Month (Per Annum)
Semi skilled workers (self) 1 0.00 0.00
Unskilled workers 0 0.00 0.00
Total 1 0.00
Repairs and Maintenance : Rs. 2000.00

Power and water : Rs. 5000.00

Other Overhead Expenses : Rs. 2000.00

Administrative Expenses :
Salary No. Per month Amount (in Rs.) per annum
Manager Cum supervisor 0 0.00 0.00
Total 0 0.00 0.00

Advertisement, Publicity & selling expenditure 5000.00

Work shed Rent 0.00

Other Miscellaneous Expenses 2000.00

Total 7000.00

Capacity Utilization of Manufacturing & Administrative Expenses :

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Capacity Utilization 70% 80% 90% 90% 90%
Manufacturing Expenses
Raw materials 62877.50 75453.00 84884.63 88926.75 92968.88
Wages 0.00 0.00 0.00 0.00 0.00
Repairs & Maintenance 1400.00 1600.00 1800.00 1800.00 1800.00
Power & Fuel 3500.00 4000.00 4500.00 4500.00 4500.00
Other Overhead Expenses 1400.00 1600.00 1800.00 1800.00 1800.00
Administrative Expenses
Salary 0.00 0.00 0.00 0.00 0.00
Postage Telephone Expenses 0.00 0.00 0.00 0.00 0.00
Stationery & Postage 0.00 0.00 0.00 0.00 0.00
Advertisement, Publicity & selling
expenses 5000.00 5000.00 5000.00 5000.00 5000.00
Work shed Rent 0.00 0.00 0.00 0.00 0.00
Other Miscellaneous Expenses 2000.00 2000.00 2000.00 2000.00 2000.00
Total: 76177.50 89653.00 99984.63 104026.75 108068.88
Assessment of Working Capital :
Particulars Amount in Rs.
Sale 282650.00

Manufacturing Expenses
Raw Material 89825.00
Wages 0.00
Repair & Maintenance 2000.00
Power & Fuel 5000.00
Other Overhead Expenses 2000.00
Production Cost 98825.00
Administrative Cost 7000.00
Manufacturing Cost 105825.00

Working Capital Estimate :

Element of Working Capital No of Days Basis Amount in Rs.
Material cost 6 Material Cost 1797.00
Stock in process 15 Production Cost 4941.00
Working expenses 4 Manufacturing Cost 1411.00
Receivable by 1 Manufacturing Cost 353.00

Total Working Capital Requirement Per Cycle 8502.00

Projected Profit & Loss Account :

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Sale/ Receipt ** 197855.00 237426.00 267104.25 279823.50 292542.75
197855.00 237426.00 267104.25 279823.50 292542.75
Manufacturing Expenses
Raw Material** 62877.50 75453.00 84884.63 88926.75 92968.88
Wages ** 0.00 0.00 0.00 0.00 0.00
Repairs & Maintenance 1400.00 1600.00 1800.00 1800.00 1800.00
Power & Fuel 3500.00 4000.00 4500.00 4500.00 4500.00
Other Overhead Expenses 1400.00 1600.00 1800.00 1800.00 1800.00
Depreciation 20640.00 18336.00 16298.40 14495.16 12898.25
Production Cost 89817.50 100989.00 109283.03 111521.91 113967.13
Administrative Expenses
Salary 0.00 0.00 0.00 0.00 0.00
Postage Telephone Expenses 0.00 0.00 0.00 0.00 0.00
Stationery & Postage 0.00 0.00 0.00 0.00 0.00
 Advertisement, Publicity & selling
expenses 5000.00 5000.00 5000.00 5000.00 5000.00
Workshed Rent 0.00 0.00 0.00 0.00 0.00
Other Miscellaneous Expenses 2000.00 2000.00 2000.00 2000.00 2000.00
Administrative Cost 7000.00 7000.00 7000.00 7000.00 7000.00
Interest on Bank credit @ 12% 13200.00 12960.00 720.00 480.00 240.00
Cost of Sale 110017.50 120949.00 117003.03 119001.91 121207.13
Net Profit Before Tax 87837.50 116477.00 150101.23 160821.59 171335.62
Less Tax 0.00 0.00 0.00 0.00 0.00
Net Profit 87837.50 116477.00 150101.23 160821.59 171335.62

CALCULATION OF DEBT SERVICE CREDIT RATIO (D.S.C.R) :

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Net Profit 87837.50 116477.00 150101.23 160821.59 171335.62
Add :
Depreciation 20640.00 18336.00 16298.40 14495.16 12898.25
TOTAL - A 108477.50 134813.00 166399.63 175316.75 184233.88
Payments :
On Bank Loan :
Interest 13200.00 12960.00 720.00 480.00 240.00
Installment 2000.00 2000.00 2000.00 2000.00 2000.00
TOTAL - B 15200.00 14960.00 2720.00 2480.00 2240.00
D.S.C.R = A/B 7.14 9.01 61.18 70.69 82.25

PROJECTED BALANCE SHEET :

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
LIABILITIES :
Promoters Capital 100000.00 100000.00 100000.00 100000.00 100000.00
Profit 87837.50 116477.00 150101.23 160821.59 171335.62
Bank Loan 108000.00 6000.00 4000.00 2000.00 0.00
Sundry Creditors 0.00 0.00 0.00 0.00 0.00
295837.50 222477.00 254101.23 262821.59 271335.62
ASSETS :
Gross Fixed Assets : 193400.00 172760.00 154424.00 138125.60 123630.44
Less : Depreciation 20640.00 18336.00 16298.40 14495.16 12898.25
Net Fixed Assets 172760.00 154424.00 138125.60 123630.44 110732.19
Preliminary & Pre-Op. Expenses 2000.00 1500.00 1125.00 843.75 632.81
Current Assets 0.00 0.00 0.00 0.00 0.00
Cash in Bank/Hand 123077.50 68053.00 115975.63 139191.15 160603.44
Total 295837.50 222477.00 254101.23 262821.59 271335.62
CASH FLOW STATEMENT :
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Net Profit 87837.50 116477.00 150101.23 160821.59 171335.62
Add : Depreciation 20640.00 18336.00 16298.40 14495.16 12898.25
Bank Loan 108000.00 6000.00 4000.00 2000.00 0.00
Promoters Capital 100000.00 0.00 0.00 0.00 0.00
Total 316477.50 140813.00 170399.63 177316.75 184233.88

Total Fixed Capital Invested 201498.00

Repayment of Bank Loan 102000.00 2000.00 2000.00 2000.00 0.00

Current Assets 0.00 0.00 0.00 0.00 0.00
Total 102000.00 2000.00 2000.00 2000.00 0.00

Opening Balance 0.00 214477.50 353290.50 521690.13 697006.88

Surplus 214477.50 138813.00 168399.63 175316.75 184233.88
Closing Balance 214477.50 353290.50 521690.13 697006.88 881240.75

BREAK EVEN POINT AND RATIO ANALYSIS :

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Fixed Cost 27640.00 25336.00 23298.40 21495.16 19898.25
Variable Cost 89817.50 100989.00 109283.03 111521.91 113967.13
Total Cost 117457.50 126325.00 132581.43 133017.07 133865.38

Sales 197855.00 237426.00 267104.25 279823.50 292542.75

Contribution (Sales-VC) 108037.50 136437.00 157821.23 168301.59 178575.62

B.E.P in % 25.58% 18.57% 14.76% 12.77% 11.14%

Break Even Sales in Rs. 50619 44089 39431 35739 32597

Net Profit Ratio 44.39% 49.06% 56.20% 57.47% 58.57%

** 5% annual increase has been considered in sale price, raw material cost and wages

Signature of the Applicant