Professional Documents
Culture Documents
REPORT
Semester- II
Seat No.
PRN: 09020242032
Submitted to
Prof. Chitragar
Submission date:
[to be written by receiver at the time of submission only]
Fresh Papaya Fruit Production Project:-
PHOTO
To,
The Centre In-Charge
National Horticulture Board
...........................................................
...........................................................
To
The Managing Director
National Horticulture Board
Plot No. 85, Sector-18, Institutional
Area, Gurgaon-122015
(Haryana)
(projects above Rs. 20.00 Lakh may be sent to this address and a copy of the same to concerned State
Office too)
A. GROWER/ENTREPRENEUR
1. Name : Sachin Lakade
Permanent Address :_At Khairgaon (kasar),Post: Wardh Tq:-Ralegaon
Dist:-Yavatmal
Postal Address : At Khairgaon (kasar),Post: Wardh Tq:-Ralegaon
Dist:-Yavatmal
2. Category : SC
3. Gender : Male Age _28______
4. Occupation : Business Man
5. Promoters/beneficiary profile
i) Principal Promoter/Beneficiary
ii) Others
iii) In case of companies -
• Registration number & date of registration
• Registering authority
• Act under which Registered
• Authorized share capital _________
• Paid-up share capital _________ Reserves & surplus _______
(by end of last financial year)
B. PROPOSED ACTIVITY
(Cultivation/PHM/Primary Processing/Horticulture ancillary)
1. Name of the Project Papaya
2. Location:
Survey/Khasra No.__123/6 Village :-Khairgaon , Taluka:-Ralegaon
District : Yavatmal State:- Maharashtra
b) PHM Activity
- Grading & packing/Pre-cooling/Refer Van:- Yes
c) Primary processing
- Activity in brief with details of products:- Nil
d) Horticulture ancillary industry
e.g. tools, equipments, plastics, packaging etc.
- Activity in brief :-
e) Misc. activities (Not covered in a to d) Nil
- Activity in brief :-
f) Refer Van/Specialized Transport Vehicle Yes
2) Irrigation
(i) Bore-well/Tube-well (new/old) 200000
(iii)Cost of pipeline (length, diameter & 1450000
type of material used)
(iv) Water harvesting pond
..........................
(existing/new & size)
(v) Other expenditure, if any (pl. specify)
Feritgation(filter etc) 800000
3) Micro Irrigation, use of plastic mulching etc.
(i) Cost of drip irrigation 900000
(ii) Cost of sprinkler
(iii) Cost of plastic mulching
(iv) Other expenditure, if any (pl. specify)
4) Infrastructure
(i) Pump House 60000
(ii) Store 500000
(iii)Labour quarter 300000
(iv) Generator room(+generator)
800000
(v) Other expenditure, if any (pl. specify) ..........................
5) Cost of Tractor & accessories 728000
[If area under cultivation (project) is above 05 acres]
6) Land development (including digging of pit & fencing) 300000
7) Cost of Land, if purchased 40000000
8) Creation of controlled atmosphere Area (sq. mtrs) Cost
a) Green house/poly house (size) .
b) Shade net (size)
Total ..........................
(b) Post Harvest Infrastructure
1. Cost of grading/packing house ..........................
2. Cost of grading/packing line .........................
3. Cost of pre-cooling unit (capacity) .........................
4. Cost of refrigerated van (capacity) ........................
5. Zero Energy Cool Chamber ……………………...
6. Other components, if any (pl. specify) .........................
Total ….....................
(c) Primary Processing
1. Cost of civil constructions
2. Cost of plant & machinery ..........................
3. Other components, if any (pl. specify) ..........................
Total ............................
Total 50600000
.
(Note: Unsecured loans from friends/relatives will not be treated as equity)
Expected back-ended subsidy from NHB: Rs. …………………
(NHB subsidy will be considered as per Board’s guidelines, if found in order, but not
guaranteed)
PART-II
PROJECT DETAILS
Entrepreneur is going to develop land under cultivation of Papaya in Yavatmal district.The development
Agro-climatic requirements
Papaya being a tropical fruit grows well in the mild sub-tropical regions of the country upto 1,000
m. above sea level. Night temperature below 120-140 C for several hours during winter season
affects its growth and production severely. It is very much sensitive to frost, strong winds and
water stagnation.
Deep, well drained sandy loam soil is ideal for cultivation of papaya.
Land Preparation
A well-drained upland is selected for cultivation. In open and high lying areas plants are exposed
to strong winds or storm. Therefore, for proper establishment of papaya plantation, suitable wind
break should be planted at the orchard boundary.
Planting
Planting Material
Papaya is commercially propagated by seed and tissue culture plants. The seed rate is 250-300
g./ha. The seedlings can be raised in nursery beds 3m. long, 1m. wide and 10 cm. high as well
as in pots or polythene bags. The seeds after being treated with 0.1% Monosan (phenyl
mercuric acetate), ceresan etc. are sown 1 cm. deep in rows 10 cm. apart and covered with fine
compost or leaf mould. Light irrigation is provided during the morning hours. The nursery beds
are covered with polythene sheets or dry paddy straw to protect the seedlings. About 15-20 cm.
tall seedlings are chosen for planting in about two months.
Planting season
Papaya is planted during spring (February-March), monsoon (June-July) and autumn (October-
November).
Spacing
A spacing of 1.8 x 1.8 m. is normally followed. However higher density cultivation with spacing
of 1.5 x 1.5 m./ha enhances the returns to the farmer and is recommended.
High Density Planting : A closer spacing of 1.2 x 1.2 m. for cv. Pusha Nanha is adopted for
high density planting, accommodating 6,400 plants/ha.
Planting Method
The seedlings are planted in pits of 60x60x60 cm. size. In the summer months the pits are dug
about a fortnight before planting. The pits are filled with top soil along with 20 kg. of farmyard
manure., 1 kg. neem cake and 1 kg. bone meal. Tall and vigorous varieties are planted at
greater spacing while medium and dwarf ones at closer spacing.
Nutrition
Papaya plant needs heavy doses of manures and fertilizers. Apart from the basal dose of
manures (@ 10 kg./plant) applied in the pits, 200-250 g. each of N, P 2O5 and K2O are
recommended for getting high yield. Application of 200 g. N is optimum for fruit yield but papain
yield increases with increase in N upto 300 g.
Micronutrients
Micro-nutrients viz. ZnSO4 (0.5%) and H2 BO3 (0.1%) are sprayed in order to increase growth
and yield characters.
Irrigation
The irrigation schedule is fixed on the basis of soil type and weather conditions of the region.
Protective irrigation is provided in the first year of planting. During the second year, irrigation is
provided at fortnightly interval in winter and at an interval of 10 days in summer. Basin system of
irrigation is mostly followed. In areas having low rainfall, sprinkler or drip system can be adopted.
Intercultural Operations
Deep hoeing is recommended during the first year to check weed growth. Weeding should be
done on regular basis especially around the plants. Application of Fluchloralin or Alachlorin or
Butachlorine (2.0 g./ha.) as pre-emergence herbicide two months after transplanting can
effectively control the weeds for a period of four months. Earthing up is done before or after the
onset of monsoon to avoid water-logging and also to help the plants to stand erect.
Inter-cropping
Intercropping leguminous crops after non-leguminous ones, shallow rooted crops after deep
rooted ones are beneficial. No intercrops are taken after the onset of flowering stage.
The main diseases reported are powdery mildew (Oidium caricae), anthracnose (Colletotrichum
gloeosporioides), damping off and stem rot. Application of wettable sulphur (1 g./l.)
carbendazim/thiophanate methyl (1 g./l.) and Kavach/Mancozeb (2 g./l.) has been found to be
effective in controlling the diseases.
Fruits are harvested when they are of full size, light green in colour with tinge of yellow at apical
end. On ripening, fruits of certain varieties turn yellow while some of them remain green. When
the latex ceases to be milky and become watery, the fruits are suitable for harvesting.
The economic life of papaya plant is only 3 to 4 years. The yield varies widely according to
variety, soil, climate and management of the orchard. The yield of 75-100 tonnes /ha. is obtained
in a season from a papaya orchard depending on spacing and cultural practices.
Market Potential:-
Since the early 1980s, some agricultural scientists and research institutions have seen GM plants
as the answer to food shortages and malnutrition. In their view of the coming "Evergreen
Revolution," high-yielding, pest-resistant plants will boost the agricultural production of
developing countries. What Monsanto donated is a 10-year, "royalty-free, non-exclusive license
to use the technology to develop, identify, characterize and commercialize" the virus-resistant
papaya in India, according to Bhagirath Choudhary, national coordinator of the International
Service for the Acquisition of Agri-biotech Applications (ISAAA). It is a U.S.-based nonprofit
organization that helps transfer biotechnologies to developing countries so poor farmers can
produce more crops. ISAAA's work is funded by charitable institutions and government agencies,
with technology and training donated by corporations. According to Choudhary, "This is an
important contribution toward alleviation of poverty of small, resource-poor farmers, as papaya
ringspot virus is the most devastating disease of papaya."
Clive James, a Canadian who chairs the ISAAA Board of Directors and has visited India twice in
the past year to promote the development and use of biotechnology, goes even further when
describing the benefits. "Our philosophy is that the aim should be to increase productivity on the
cropland that we have today, that is 1.5 million hectares. If you can double the production on the
land that is already in agriculture, then you will not have to chop down forests and encroach on
sanctuaries of biodiversity."
Some 2.5 billion kilograms of papaya are produced annually in India, in Andhra Pradesh, Assam,
Bihar, Gujarat, Karnataka, Maharashtra, Manipur, Meghalaya, Orissa, Tamil Nadu, Uttar Pradesh
and West Bengal. It is eaten fresh and cooked and processed into pickles, jams, candies, fruit
drinks and juices. Papain, an enzyme purified from papaya latex, is extracted for export. The
enzyme is used in the medicine and textile industries, breweries, leather processing and meat
tenderizing. In light of the significance of papaya to the Indian economy, the introduction of a
GM variety is likely to have a huge impact. Choudhary estimates that the technology promises a
potential benefit of Rs. 112.5 million for India's papaya industry. Major Importing countries and
their quantity ,value base data is given in table 2
3. Proposed Sales & Percentage of Profit :
As per the information the partners profit margin will be as follows. For
varies from Rs.9-12, for project purpose, we are calculating Rs.9/- per kg
Source of Finance:-
of25% on fixed assets Investment excluding land From NHB,the borrowed term will
be be Rs 25322000 This term loan of 25322000 will repay in next 4 years. Generally
subsidy is credited to loan account within 6 months from the date of commencement of the project.
Assets
Less : 10% Depre. 5695800 5126220
Fixed Assets
7 ) Profitability analysis for First Year of the business :
Gross Margin Per Year 31500000
Total Gross Profit (A) : 31500000
Less : Indirect Expenses (B)
Interest on Bank Term Loan (Exempted) 0
Electricity Charges 30000
Traveling Expenses 360000
Salaries and Rent
Labour quarter 1800000
____________
Net Cash Flow 16019800
6 ) Debt Service Coverage Ratio (DSCR) For First Year :
16019800+5695800+4936360
= ___________________________
4936360+18986000
= 1.114102:1
For first year of the project interest is not payable by the firm, for profitability
purpose, interest is taken here for calculation purpose. It shows, the capacity of
profit to hold fixed interest charges and loan repayment capacity. It shows fair ratio
i.e. 1.14 : 1, so business is profitable and interest & debt payment capacity of the
Net Profit
= ------------------------------------------------ x 100
Total Capital Employed (Project Cost)
16019800
= ---------------- x 100
50600000
= 31.65%
ROI is more than ideal ratio. I depicts that investment in this business can be
recovered in tow years of period, after that year, business will be run on owned
It is the point of Sales level at which all the costs are recovered.
Total sales
Contribution
Contribution=63000000-416000
=62584000
= 50517576
Gives an indication regarding at what level of sale the unit will not make cash
L. DETAILS OF LAND
I) Whether own land (ancestral) : _________________________
ii) Whether own land purchased : __100 Acres
iii) Whether leased
If so, how many years lease : _________________________
N. MARKETING OF PRODUCE
Details of marketing tie-up (Backward/forward linkage)
The above prescribed cost of application form and brochure will be non- refundable.
P. Please remit the cost of application and scheme brochure by Demand Draft
drawn in favour of National Horticulture Board payable at Gurgaon (Haryana) for
projects costing Rs. 20.00 lakh & above and at concerned state office where project
cost is below Rs. 20.00 lakh.
Name of the issuing Demand Draft No. Amount(Rs.)
Bank Branch & Date
SBI 03245(4/03/10) 10000
Q. Name & address of consultant who prepared the project report (DPR).
vi) Key map of project land showing project details and land boundary details.
ix) In case project include item of 'Primary Processing' for manufacturing 'Fruit
Products" covered by FPO 1955 then NOC issued by MFPI, Govt. of India be
enclosed.
FORMAT-II
AFFIDAVIT
(on stamp paper of Rs. 20)
In case of concealment of any facts in this regards, the Board would have right to
reject my application out right at any stage.
DEPONDENT
DEPONENT VERIFICATION
DEPONDENT/COMPETENT AUTHORITY