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Agriculture: Project Opportunities in Assam

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Friday, February 24, 2012

Profile: While most other states in India are gradually moving away from their traditional agriculture-based economy toward industry or service-oriented economy, Assam is still heavily dependent on the agricultural sector. Today, India ranks second worldwide in farm output. Agriculture and allied sectors like forestryand fisheries accounted for 16.6% of the GDP in 2009, about 50% of the total workforce. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.

Resources:Assam Agriculture is the primary sector in the state's economy. The socio-economic condition of Assam largely depends on its agricultural production.  Assam produces both food and cash crops. The principal food crops produced in the state are rice (paddy), maize (corn), pulses, potato, wheat, etc., while the principal cash crops are tea, jute, oilseeds, sugarcane, cotton, and tobacco. Although rice is the most important and staple crop of Assam, its productivity over the years has not increased while other crops have seen a slight rise in both productivity and land acreage. 

Government policies:The Government of Assam in consonance with    the       National Agriculture Policy laid down few policy objectives in the Agriculture Sector. Those include: 

·       The Agriculture and allied sector grows at the rate of 4 p.c. per annum for the next decade to provide food security and to improve the nutritional intake of the people of the State as well as significantly decrease the population below the poverty line.

·       To increase the productivity of all major crops, particularly that of rice, wheat, pulses and oil seeds.

·       To increase the cropping intensity in the sector through increase in irrigation facilities as well as giving a boost to mechanization in the State, to make it at par with the rest of the country by the end of the 10th plan.

·       To diversify into other crops, specially wheat, oilseeds, and partly pulses, as well as improve production of horticultural crops.

·       As the bulk of the population in the State lives in the rural area and most of the people are dependent on Agriculture and allied sectors for their livelihood, the Government sees this sector as the engine for growth of the economy in the long run and wishes to treat the Agriculture Sector as an area of maximum employment generation in the State.

·       Since the resources at the disposal of the State are limited, the endeavor will be to converge the resources available under various Government schemes like SGSY and PMGSY etc. to ensure that funds are spent keeping in view the long term growth of the Agriculture and Allied Sector in the State.

 

Opportunities for entrepreneurs:Agriculture is one of the major sectors to venture and gives wide scope for entrepreneurs to invest in it. Following are some of the potential projects:

·       Rice Bran Based Solvent Extraction Plant

·       Paper from Waste Paper, Bamboo Chips, Rice Husk & Wheat Husk

·       Precipitated Silica from Rice Husk Ash

·       Cement From Rice Husk

·       Straw Board And Mill Board From Rice Husk And Bagasse

 

Click here to take a look: http://www.niir.org/profiles/profiles/z,,81,0,a/index.html

·       Atta Chakki Plant

·       Potassium Sulphate (Fertilizer Grade)

·       MINI FERTILIZER PLANT

·      MIXED FERTILIZER (FROM ORGANIC WASTE)

Click here to take a look: http://www.niir.org/profiles/profiles/z,,7c,0,a/index.html

·       Dall Mill (split Dalls/ Pulses For Chhilke-wali Moong, Urad, Arhar, Channa, Masoor)

·       Mini Sugar Plant

·       Poha (rice Flakes)

·       Atta, Maida Suji & Wheat Bran (Roller Flour Mill)

Click here to take a look: http://www.niir.org/profiles/profiles/z,,36,0,a/index.html

 

Niir Project Consultancy Services (NPCS) provides you detailed project reports (DPR) on the above fields. Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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Introduction
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Market Study and Assessment
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Other Fixed Assets
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Working Capital Requirement Per Month
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Turnover Per Annum
Share Capital
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Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
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Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
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Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
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Annexure 13 :: Quantitative Details-Output/Sales/Stocks
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Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR