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Fish Keeping

The document discusses setting up an ornamental fish farm as a cottage industry. It notes that ornamental fish keeping can generate significant profits, as aquarium fish can sell for 100 times more than food fish. Starting an ornamental fish farm only requires an initial small investment of a few thousand rupees. The document provides details on selecting a farm location, setting up fish tanks and ponds, choosing fish species, rearing methods, feeding, and promoting the business. With proper management, an ornamental fish farm could generate an annual profit of over 130,000 rupees according to the budget outlined.

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616 views

Fish Keeping

The document discusses setting up an ornamental fish farm as a cottage industry. It notes that ornamental fish keeping can generate significant profits, as aquarium fish can sell for 100 times more than food fish. Starting an ornamental fish farm only requires an initial small investment of a few thousand rupees. The document provides details on selecting a farm location, setting up fish tanks and ponds, choosing fish species, rearing methods, feeding, and promoting the business. With proper management, an ornamental fish farm could generate an annual profit of over 130,000 rupees according to the budget outlined.

Uploaded by

Sarthak
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ASSIGNMENT

PRAGYA SINGH
ZOOLOGY(HON
S.)- SEM-4

BUDGET FOR SETTING UP AN AQUARIUM FISH FARM


AS A COTTAGE INDUSTRY.

Fish keeping has been started as a hobby in the beginning. But nowadays it has become a
popular industry worldwide. Ornamental fish keeping and their propagation have been an
attractive activity for many people in the world, which provide not only aesthetic beauty and
pleasure but also financial benefits. This art or technique of ornamental fish breeding and
trade has a tremendous scope as a cottage industry.

Aquarium fish can get about 100 times more price than the food fish. The fish keeping hobby
is a million dollar industry throughout the world. In many developing countries, the local
villagers collect specimen for the aquarium trade as their prime source of income.

More than 100 varieties of indigenous ornamental fishes are known like Puntius sp. and
Botia sp. India’s contribution to the global aquarium trade is worth more than 10 crore rupees
annually. India is utilizing the natural ornamental fish sources along her coast, particularly in
the Gulf of Kutch, Cape Comorin, Rameshwaram. If the valuable ornamental sources are
taken up for proper use, it is possible to increase the level of export to about 110 crore rupees.
Like any other livestock farming, ornamental fish farming may attract financial losses
because of poor management, and disease attack. So it is very important to handle the farm
carefully. The basic requirements for successful breeding and rearing of ornamental fish are
adequate space, quality water, and sufficient feed.

 Investment: Firstly, it requires very small investment only of a couple of thousand


rupees initially. Later, the money automatically gets generated by the sale of the fish
and aquarium accessories. Thus gererally the further expansion of the business does
not require funding through loans etc from the financial institutions.
 Select Farm Location-First of all, one must fix the location. One can start in his/her
backyard. One can also initiate the business from a rental location. However, they
need to try to ensure a location near a market. So he/she can access easily the market
and transportation facility both.
 Prepare Fish Tank or Pond-One can start ornamental fish farming with the tank.
And can use plastic, cement or glass tank. If they want to offer retail sales from their
farm, then it advisable to use a glass tank. However, they can also use the pond. They
will need to procure small and big tanks. Generally, small tanks are used for growing
fish fingerlings. And they can use a large tank or pond for rearing big fishes.
 Select Fishes-According to the local demand, one has to select the fishes carefully.
However, one can also initiate a fully export-oriented fish farm. And for that, they
must depend on the international market demand. However, some of the most popular
aquarium fish species are Molly, Guppy, Platy, Swordtail, Blue Gourami, Pearl
Gourami, Rosy Barb, Gold Fish, S Fighter, Angel, etc.
 Fish Rearing -In ornamental fish farming, one must manage the farm efficiently.
Generally, they can use cement tanks. Cement tanks are easy to maintain and durable.
They can sock one species in one tank. However, in the case of compatible species,
two or three species can occupy the same tank. Groundwater from dug wells / deep
tube wells/ borewells is the best for rearing fish. The fishes reach marketable size in
around 4 to 6 months. They can harvest eight to ten crops in a year.

 Feeding-Young fish are fed mainly with Infusoria, Artemia, Daphnia, Mosquito
larvae Tubifex, and Bloodworms. For rearing, one can use formulated artificial or
prepared feed. However, try to develop a feed that has a low polluting effect, cheap to
prepare, and easy to store.
 Aid from Government: As part of the poverty alleviation measures, the Government
of India launched the Swarnjayanti Gram Swarozgar Yojana (SGSY) in 1999 where
the major emphasis is on self help group (SHG) formation, social mobilization and
economic activation through Microcredit finance. These groups use participatory
processes to provide opportunities for people to share knowledge, common
experiences and problems. Through their participation, members help themselves and
others by gaining knowledge and information and by obtaining and providing
emotional and practical support. Now, ornamental fish farming is included as one of
the activities of SHGs and also plays an important role to maintain livelihood of the
local people

TABLE: BUDGET FOR SETTING UP AQUARIUM AS COTTAGE INDUSTRY


CAPITAL COST(Rs)
2 glass aquarium (2.5x2x1)m 2x1400 2800
each with lids and fittings.
3 cement cisterns(5x3x2)m 3x1200 3600
3 aerator 3x200 600
Other equipments like hand 1000
nets,buckets,pipes,etc.

Capital cost total 8000


CULTURE COST(Rs.)
200 females 200x3 600
50 males 50x5 250
Feed for one year 3600
Others 1000
TOTAL COST(including capital cost) 13,450
PRODUCTION: MONTHLY PRODUCTION OF 5000 YOUNG. YEARLY PRODUCTION OF 60000
YOUNG.40% MALE=24000, 60% FEMALE= 36000.

24000 MALE 24000X3 72000


36000 FEMALE 36000X2 72000
TOTAL SALE 1,44,000
ANNUAL PROFIT= (1,44,000-13,450)=1,30,550.
MONTHLY PROFIT=Rs 10,879

 Promote Ornamental Fish Farming Business

Proper promotion of the product is important. The Aquarium shop is a very good option. One
can sell their fishes from their own shop. In addition, they can also distribute the fishes to the
other retail outlets.

Register business with local business to business directories. Create business website. Join
the fish farming associations. Finally, try to build a wide and strong distribution channel to
promote ornamental fish farming business.

Financial institutions like NABARD, and National Fisheries Board support this industry as a
cottage venture. Kolkata, Mumbai, Chennai, Kochi are the main business centres for this
industry who get their supplies from the small entrepreneurs. About 90 per cent of
ornamental fish is traded from Kolkata port followed by 8 per cent from Mumbai and 2 per
cent from Chennai. India’s share to global ornamental fish trade is less than one percent but
still she is projected as a “sleeping giant” because of yet untapped potential resources.

------END-----

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