Fisheries Economics

5.3.1. Enterprise budget for integrated fish farming

 

Budget is a statement of income and expenditure Enterprise means an economic activity undertaken to earn profit. Enterprise budget reflects real or anticipated income and expenditure of an economic activity.

Enterprise budget for integrated fish farming(Rs/ha/yr)

A CAPITAL COST

i) Pond digging cost                                                                70,000

ii) Cost of 100 ducks @ Rs 100/bird                                       10,000

iii) Other.                                                                                 20,000

                                                                                              -------------

                                                                                              1,00,000

                                                                                              -------------

B VARIABLE COST

i) Lime                                                                                      5,000

ii) Manure                                                                               12,000

iii) Fertiliser                                                                             17,000

iv) Fish fingerlings                                                                  10,000

v) Feed                                                                                   20,000

vi) Labour                                                                               10,000

vii) Medicines                                                                           5,000

viii) Other incidental charges                                                  11,000

                                                                                          ----------------

                                                                                               90,000

                                                                                          ----------------

C FIXED COST

i) Depreciation                                                                    5,000

ii) Interest:
a) on capital cost @ 15%                                                  15,000

b) On variable cost @ 10%                                                  9,000

iii) Repairs & Maintenance                                                    6,000

iv) Taxes                                                                                       0

v) Insurance Premium                                                            4,000

                                                                                             ------------

                                                                                               34,000

                                                                                             ------------

D Total Cost (B+C)                                                             1, 24,000

E Total Income

(i) 3000 kg fish @ Rs 60/kg                                                    1,80,000

(ii) 7000 eggs @ Rs 3/eggs                                                       21,000

(iii) Culled birds @ 80/bird for 90 birds                                        7,200

                                                                                              --------------

                                                                                                2, 08,200

                                                                                             ---------------

F Net Income (profit, E-D)                                                        84,000

(Rs. 2, 08, 200- 1, 24, 000)

F Cost – benefit ratio

a) On Total cost basis                                                                1.68

b) On Total Variable Cost basis                                                  2.31