What is the profit margin in prawn farming?
About 4,000 kg of shrimp can be produced from a pond excavated on an acre of land, which can fetch a price of Rs 250-350 per kg. After excluding costs, the net profit can range from 4-5 lakh per acre, which is very less in case of conventional cropping system.
How do I start a prawn business?
Prawns are also known as prawns in some countries, rearing them can fetch huge profits, even in the small-scale startup business….Prawn Farming Practices.
| Prawn Live Body Weight (grams) | Feed Rate @ body weight % / day |
|---|---|
| 5 – 10 | 4.5 – 5.5 |
| 10 – 15 | 3.8 – 4.5 |
| 15 – 20 | 3.2 – 3.8 |
| 20 – 30 | 2.5 – 3.2 |
How can I get subsidy for fish farming in Odisha?
According to the plan, a farmer with requisite land can get bank loan of Rs 8.5 lakh per hectare for excavation of new tank. So the government can provide maximum 50 per cent of the total cost (Rs 4.25 lakh per hectare) as subsidy money.
Which fish farming is most profitable in Odisha?
The profits earned from Tilapia fish farming is significantly higher than earnings from present varieties of farmed fish. The fish variety has turned a hit among customers also as it nutritious, juicy with a single bone.
How long does prawns take to grow?
Generally in monoculture the culture period may be 6-8 months under monoculture and 8-12 months under polyculture. The average growth of prawn may range from 50 gms to 200 gms depending on the duration, density, water quality, feeding etc.
Are shrimp easy to farm?
These are relatively easy to aquaculture, but require large ponds with excellent filtration and water quality. Many shrimp farms have successfully employed a three-pond grow-out system, allowing for three harvests a year.
How do I apply for fish farm?
Application to be filled to get the fish farming registration
- You need to pay Rs.200 per acre of land for applying the application as service charges and as user charges it is Rs. 100/-
- The documents required for this application is-Application form for fishing farm business. Land documents, pattadhar pass book.
Which fish business is profitable?
Tilapia farming which originated in the Middle East and Africa has now become the most profitable business in most countries. Tilapia has become the second most popular seafood after crab, due to which its farming is flourishing. It has entered the list of best selling species like shrimp and salmon.