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Rural Agricultural Work Experience Program (RAWE) is organized every year for the under graduate students of B. Sc. (Hons.) Agriculture, final year VIIth semester. RAWE helps the students primarily in understanding the rural situations, status of agricultural technologies adopted by farmers, prioritize the farmer’s problems and to develop skills and attitude of working with farm families for overall development in rural area.
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I B.Sc. agriculture 7th semester a rural agricultural work experience program is organised. In this program students learn basic agriculture practices with farmers and KVK specialist.
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2. INTRODUCTION
Vermicompost is product of the decomposition process using various species of
worms, usually red wrigglers , white worms and other earthworms to create a
mixture of decomposing vegetable or food waste, bedding material and vermicast.
Vermicomposting is a type of composting in which certain species of earthworms
are used to enhance the process of organic waste conversion and produce a better
end product.
Bio-fortified vermicompost is an organic manure which constitutes of bio agents like
Trichoderma, phosphobacter, Azospirillum etc to enhance the plant health and
nutrient uptake
3. MARKET POTENTIAL
Rising demand from farming for is majorly driving the over all growth of this market.
During these present days the trend is shifting towards organic agriculture,organic
products,fruits and vegetables as people are well consious about their health.
High demand from the home gardening(as a potting mixture &planting material) and
horticultural sector (nurseries ,commercial fruit production farms) is anticipated to
boost growth of this market in near future.
Favorable government subsidy policies are envisioned to enhance the growth of
organic fertilizers or organic manures in the market.
4. BASIS AND ASSUMPTIONS
Working days per month = 25
Labour wages are as per the rates prevailing in the area
Interest on capital investment @ 14% per annum
Procurement of raw material 1 ton FYM @ Rs.900/-
1 kg of earthworms @ Rs 16000/-
5. BASIC PROFILE OF THE ENTERPRISE
NAME OF THE ENTERPRISE Vermiana enterprises
NAME OF THE PROMOTER &
BACKGROUND
Ch.Eshwar Sai Prasad ; Age : 22
B.Sc (Hons) agriculture graduate
NAME OF THE PRODUCT Bio-fortified vermicompost, & vermiwash
LOCATION OF THE UNIT Srikakulam district ;
(near A.P and Odisha state border)
LOCATIONAL ADVANTAGES Farmers in odisha state gets subsidy for buying
vermicompost.
ZBNF farmers
Well established nearby nurseries
PRODUCTION CAPACITY 1 Tonn /pit/month (total 8 pits )
PROJECT COST Rs.147340/-
6. MANUFACTURING PROCESS
Pits are filled with coconut shells as a bedding material in such a way that convex shape facing outwards
to provide optimum aeration.
In next step second layer of trash or kitchen or farm waste is spraeded over the bedding material.
FYM of 25 cm thickness was spreaded as tird layer,then a thick layer of dung slurry was sprinkled on
FYM layer.
Release earthworms @1000/sq.mt and allow it to decompose and also add microbial consortium to
hastenup the decoposing process.
waste and cowdung slurry should be continued till the heap of material is one foot above the ground
level. The entire bed should be sprinkled with water daily to keep the heaps moist. The heaps are
covered with gunny bags to keep them completely dark. The temperature should be maintained at less
than 28 deg. C
In one month time, the entire waste would been digested by the earthworms and converted into dark
brown compost rich in organic nutritive matter. After drying, this material is sieved and bio agents will
be added and sold out
8. I)FIXED CAPITAL INVESTMENT
A) Land & building = Rs.0/-
B) Machinery
MACHINERY VALUE (in Rs/-)
Power driven chaff cutter 16000
Weighing machine 4000
Water pump 10000
Sieving machine 32000
Waste separator 6000
10. II)WORKING CAPITAL INVESTMENT
(1 MONTH)
a) RAW MATERIALS :
RAW MATERIAL REQUIREMENT PRICE/UNIT COST
Farm yard manure 16 tonns 900 14400
Bio-agents
(Azospirillum ,
phospho bacter)
1 lt each 600 1200
Fungal consortium 4 lt 500 4000
Jaggery 8 kg 55 440
Biodegradable &
kitchen waste
- - 0
11. b) Salaries & wages
Type of labor No. Wage/day Working days /month cost
Skilled 2 250 25 12500
Semi skilled 2 150 25 7500
helper 1 100 25 2500
c) utilities
component cost
Power 1000
Water 250
Rent 3000
12. d) Other expenses
ITEM COST
Packing & packaging 3200
Stationery 200
Publicity 200
Transport 1600
Telephone and miscellaneous 500
Total working capital investment = (a+b+c+d) = Rs.55240/-
13. III)PRE OPERATIVE EXPENSES
A) Inagural expenses = 2000
B) Trail run expenses = 1605
Total = 3605
S.No Project cost value
I) Total fixed capital investment 91495
II) Total working capital investment 55240
III) Total pre-operational expenditure 3605
Total project cost ( I+II+III) = Rs.42548/-
14. A) Cost of production ( 1 month )
Total working capital
investment
55240
Interest on total investment 1754
Depriciation on machinery 595
Total cost production / month 57589
B) Sales revenue per month
Total cost of production / year = 57589*12 = Rs.691068
Vermi compost yield per month = 8t = 8000 kg *11 = Rs.88000
Per year = 88000 * 12 = Rs.1056000/-
PROFITABILITY = A
B -
= 1056000 - 691068
= Rs.364932/-
15. FINANCIAL ANALYSIS
A) Net profit = total returns – total costs
= 1056000 – 691068
= Rs.364932/-
B) Benefit cost ratio = total returns/total costs
= 1056000/691068
= 1.52
C) Net profit ratio = Net profit * 100 / turnover per year
= 364932 * 100 / 1056000
= 34.5%
17. Address of machinery and equipment suppliers :
power driven chaff cutter , weighing machine&
waste separator
Water pump & waste separator
JJ organics , Ghaziabad
Raw materials suppliers :
Locally available in the village
Neelam enterprises , srikakulam