Agriculture:- Model Bankable Projects in India
Minor Irrigation : Pumpsets Part 3
Annexure - I
MATRIX FOR SELECTION OF AGRICULTURAL PUMPING SYSTEM
CONFORMING TO IS-10804 (1994)
(with RPVC pipes)
Notes :
- For computing HP, total head is considered as sum of total static head, friction losses in pipes, fittings, foot valve and discharge velocity head. While computing friction losses an additional pipe length of 10 m is considered over and above the pipe length equivalent to static head to take into account submergence of suction pipe (1 m), offset pipe length of suction and delivery side (5 m) and 2 bends (4m equivalent pipe length).
- Class 3 RPVC pipes considered with C = 150.
- For offset pipe line (more than 5 m) and additonal fittings in the system, frictional losses are to be added over and above total head.
- Matrix restricted for head & discharge for which minimum pump efficiency values are available (Speed 1200-2000 RPM).
Notes :
- For computing HP, total head is considered as sum of total static head, friction losses in pipes, foot valve and discharge velocity head. While computing fricitonal losses an additional pipe length of 10 m is considered over and above pipe length equivalent to static head to take into account submergence of suction pipe (1 m), offset pipe length of suction and delivery side (5 m) and 2 bends (4 m equivalent pipe length).
- New medium series galvanised MS pipes are considered with C = 140.
- For offset pipe line (more than 5 m) and additional fittings in the system, frictional lossess are to be added over and above the total head.
- Matrix restricted for head and discharge for which minimum pump efficiency values are available (Speed 1200-2000 RPM).
Shiv Sagar Estate, 1st floor, Sterling Centre Dr.A.B.Road, Worli, Mumbai - 400 018.
Ref.No.:NB.ICD/513/PPS.113/1997-98
12 November 1997
The Chairman/Managing Director
All Scheduled Commercial Banks
All Regional Rural Banks
All State Co-operative Banks
All State Co-operative Agriculture
and Rural Development Banks
Dear Sir,
Automatic refinance Facility for activities under Farm Sector
- Quality Control of Agricultural Pumpsets
Please refer to our letter No.NB/ICD/2566/PPS. 113/94-95 dated 09 March 1995 advising introduction of Automatic Refinance Facility (ARF) for traditional activities under Farm Sector. The ARF was introduced primarily to simplify the procedure for drawal of refinance but the banks have to observe all the basic norms of project lending while financing investments under ARF (FS) and ensure that durable and quality assets are acquired by the ultimate borrowers. It is observed that after introduction of ARF(FS), the banks have not been submitting along with drawal application, certificate to NABARD to the effect that the irrigation pumpsets financed by them under MI conform to IS-10804 specifications.
2. As you are aware, a large number of power/diesel/kerosene pumpsets are being used for irrigation purpose. It is necessary to encourage use of pumping mechanism to bring new areas under irrigation but there is an imperative need to conserve energy through quality control and efficient use of the pumping systems. To achieve this, the farmers have to be encouraged to use only BIS marked pumpsets and other components of quality pumping systems and to maintain the pumps at optimum efficiency level. The banks may, therefore, finance only BIS marked pumping systems.
3. We shall be glad if you please advise all your branches including controlling offices to ensure financing of BIS marked pumpsets and furnish a certificate with each drawal application claiming refinance from NABARD against loans disbursed for irrigation pumpsets, the format of which is given in Annexure.
Please acknowledge receipt.
Yours faithfully
( N. Raghavan )
Format - I
Format of certificate to be furnished by the dealerof the pumping equipments to the financing bank
Name and address : M/s.
of the dealer
To
____________________ Bank
Dear Sir
We hereby certify that we have on ______ (date) installed a Complete Pumping System conforming to IS-10804 (1994) at the well of Shri/Smt. _________________________________ ___________________________ (Name and address of the borrower). The pumping system installed by us conforms to BIS standard IS-10804 (1994) except in regard to foot-valve.
Yours faithfully
( Signature of the dealer)
Format - II
Format of certificate to be furnished by
the financing banks to the National Bank
while submitting drawal applications
To
The Managing Director
National Bank for Agriculture
and Rural Development
Dear Sir
We hereby certify that the pumpsets covered under this drawal application have been installed in accordance with IS-10804 (1994) prescribed by the Bureau of Indian Standards for a Complete Pumping System.
Yours faithfully
(Signature of the Officer )
Name and Designation
Shiv Sagar Estate, 1st floor
Sterling Centre, Dr.A.B.Road
Worli, Mumbai - 400 018.
Ref.No.:NB.ICD/1354/PPS.8/1999-2000
31 December 1999
The Chairman/Managing Director
All Participating Banks
(CBs/RRBs/SCARDBs/SCBs)
Dear Sir
Schematic Lending - Unit Costs
of items of investments approved
by National Bank
Please refer to our circular letter No.NB.DPD.FS/3602/IRDP-4/1994-95 dated 14 February 1995 on the above subject (copy enclosed for ready reference). It may please be observed therefrom that the unit cost as approved by NABARD may be treated as indicative cost only and banks are at liberty to vary the cost wherever necessary, to any extent, depending upon the local conditions and merits of each case. Despite clear instructions in this regard, it has been brought to our notice during the seminars/workshops conducted by us in the case of development of minor irrigation projects as well as in certain other form participated by NABARD that the banks still follow rigidly the unit costs as approved by NABARD for various investments. It is once again reiterated that the unit costs approved by NABARD are only indicative costs and banks may evolve a mechanism under which they may ensure that the borrower is able to acquire the quality asset with the loan amount, subject to the generation of adequate repaying capacity and other relevant factors. Accordingly, you may kindly issue instructions to all the operating units in this regard.
Kindly acknowledge receipt.
Yours faithfully
( K. G. SHASTRY )
Chief General Manager
FINANCIAL ANALYSIS OF AGRICULTURAL PUMPSETS
Assumptions
1. Location : Wardha Dist., Maharashtra
2. Command Area : 1.2 ha
3. Type of Pumpset : Diesel Pumpset
4. Horse Power of Pumpset : 5 HP
5. Cost of Pumpset : Rs.15,500/- including cost of transportation and installation
6. Cost of operation per year : Rs.13,478/-
(including maintenance)
A. Pre Development Income
Sr.
No.
|
Crop
|
Area
(ha)
|
Yield
(Qntl./ha)
|
Price
(Rs./Qntl.)
|
Gross Value of Produ-
ction
(Rs.)
|
Cost of Culti-
vation
(Rs./ha)
|
Total Cost of culti-
vation
(Rs.)
|
Net Income
(Rs.)
|
1
| Bajra (HYV) |
0.8
|
25
|
550
|
11,000
|
4,200
|
3,360
|
7,640
|
2
| Cotton (HYV) |
0.4
|
18
|
1,550
|
11,160
|
10,000
|
4,000
|
7,160
|
3
| Wheat (HYV) |
0.4
|
30
|
750
|
9,000
|
9,000
|
3,600
|
5,400
|
4
| Gram (HYV) |
0.2
|
24
|
1,200
|
5,760
|
8,500
|
1,700
|
4,060
|
| Total |
36,920
|
12,660
|
24,260
|
Less :
Land Revenue @ Rs.50/- ha : Rs. 60/-
Interest on Short Term Loan : Rs. 3,125/-
Operation & Maintenance cost
(A pair of bullock, mhot
@ Rs.25/- per day) : Rs. 9,125/-
Total : Rs.12,310/-
Net Surplus : Rs.11,950/-
B. Post Development Income
Sr.
No.
|
Crop
|
Area
(ha)
|
Yield
(Qntl./
ha)
|
Price
(Rs./
Qntl.)
|
Gross Value of Produ-
ction
(Rs.)
|
Cost of Culti-
vation
(Rs./ha)
|
Total Cost of culti-
vation
(Rs.)
|
Net Income
(Rs.)
|
1
| Jowar (HYV) |
0.8
|
30
|
700
|
16,800
|
6,200
|
4,960
|
11,840
|
2
| Cotton (HYV) |
0.4
|
20
|
1,550
|
12,400
|
10,000
|
4,000
|
8,400
|
3
| Wheat(HYV) |
0.6
|
35
|
750
|
15,750
|
9,000
|
5,400
|
10,350
|
4
| Vegetables |
0.2
|
185
|
250
|
9,250
|
9,250
|
5,000
|
4,250
|
| Total |
2
|
270
|
3,250
|
54,200
|
19,360
|
34,840
|
Less :
Land Revenue @Rs.50/ha : Rs. 60/-
Interest on Short Term Loan : Rs. 5,000/-
Net Surplus : Rs.29,780/-
Incremental Income : Rs.17,830/-
Internal Rate of Return
Assumptions
1. Economic life of Pumpset : 9 years
2. Full income from investment from the first year onwards
3. No delay in energisation of pumpset
4. Investment is assumed in zero year
Cash Flow Statement
(Rs.)
NPW @15% : 4579.1
IRR : 24.04%
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