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Success Stories In Asian Aquaculture - Library - Network of ...

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3 Shrimp Farmers in <strong>In</strong>dia: Empowering Small-Scale Farmers55• Same time stocking with optimum density• Health management stress on prevention, rather than treatment• Cooperation among farmers3.5.2.3 Reduced Cost <strong>of</strong> Production and <strong>In</strong>creased Pr<strong>of</strong>itEconomic analysis <strong>of</strong> 2006 data clearly demonstrated that farmers adopting BMPshave higher pr<strong>of</strong>itability, lower cost <strong>of</strong> production, and are able to produce qualityand traceable shrimp without using any banned chemicals. <strong>In</strong> the demonstrationponds for every Rs. 1,000 (US$ 25) invested by a farmer, around Rs. 520 (US$ 13)was earned as pr<strong>of</strong>it in 2006 (Fig. 3.6 ). This was a substantial increase compared tothe Rs. 250 (US$ 6) pr<strong>of</strong>it made by non-demonstration farmers during the sameperiod.Prior to forming aquaclubs/societies, farmers never perceived in improving (e.g.,de-silting the canal) the common water intake, but now with collective effort andpooling <strong>of</strong> resources, this has not only been made possible, the members appreciatethe importance <strong>of</strong> regular de-silting to improve production. Now some farmers areprogressing toward getting electricity for the entire cluster, which otherwise wouldhave been beyond the means <strong>of</strong> individual farmers. Recognizing farmers’ interest,Government is also coming forward to help the groups for development <strong>of</strong> infrastructurefacilities.Key factors responsible for improved pr<strong>of</strong>it in BMP implemented farms are:• Efficient use <strong>of</strong> resources (feed)• Reduced chemical use• Sharing <strong>of</strong> expenses (deepening <strong>of</strong> canals, seed testing, transport <strong>of</strong> inputs, laboratoryanalysis, electricity, etc.)Net pr<strong>of</strong>it Gained (<strong>In</strong>d. Rs.) for Every1000 Rs. Spent6005004003002001000DemoNon Demo2004 2005 2006Fig. 3.6 Pr<strong>of</strong>it made by BMP (demo) and non-BMP farmers for every thousand rupees (US$ 25)investment

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