Murrel Fish also known as Korrameenu(కొర్రమీను)/Korramatta in Telangana is most commonly produced by the farmers due to its demand in the market. Infact, it is the official Fish of Telangana.
Always start with less number of Fishes and less investment. Gradually increase the production when you are achieving success. Some farmers start with heavy investment in the initial stages and may not get results incurring heavy losses. For example, a farmer in Telangana, built a big cement tanks for Murrel Fish farming with an investment of Rs.8 Lakhs. But the fishes did not grow up to the desired size which results in less Quantity of fish production. Thus the farmer faced heavy losses. The link for the video to gain the complete knowledge is given below.
Let examine the cost of raising 1000 fishes in the fish farm.
Cost of Fish seed Rs. 7/- per seed
In a period of 8-9 months fishes attain an average weight of 700 gm (If it is Tank System) and 1000gm (if it is a Pond System)
Product | In Rupees |
---|---|
Cost of Fish seed per Seed | 7 |
Cost of Fish feed per Kg | 100 |
Quantity of Fish Feed required for One fish to gain a weight of 500 gm is 1.5 Kg. Time taken by the fishes to attain an average weight of 700 gm is 8 months. So the money required for a fish on fish feed is | 150 |
Total Cost of fish feed on 1000 fishes is | 150×1000= 1,50,000 |
From the above calculations we need to spend Rs. 1,50,000 for the fish feed for a period of 9 months to get an average weight of 700 gm.
Excluding the Tank Maintenance cost , the cost of fish seed (1000 )and Feed cost amounts to 7×1000+1,50,000=1,57,000
In the Market the wholesale selling price can be between Rs.350-400 per Kg.
Assuming minimum of 350 per Kg.
(with average weight of 700 gm),we can earn around 0.7x1000x350=2,45,000
Earning a profit of 2,45,000-1,57,000=88,000
(with average weight of 1Kg), we can earn around 1000×350=3,50,000.
Earning a profit of 3,50,000-1,57,000=1,93,000
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