ECONOMIC APPRAISAL OF INLAND FISH PRODUCTION IN WEST GODAVARI DISTRICT OF ANDHRA PRADESH
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Date
2023-11-08
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Abstract
India is the third largest fish-producing and second largest aquaculture nation in the world after China which has a capacity of about 14.16 Metric million tonnes of fish production per annum. The percentage contribution of the fisheries sector to the Indian economy and Agriculture sector are 1.24 per cent and 7.28 per cent (GVA) respectively. In India, Andhra Pradesh is the highest inland fish-producing state with a production of 3.61 million tonnes and with an area of 0.33 million hectares.
In Andhra Pradesh, West Godavari district was the leading producer of inland fisheries with 1.28 million tonnes and area of 0.06 million hectares. In the study area, different types of inland fish species were cultivating by the farmers. The major species growing are Rohu (Labeo rohita), Catla(Catla catla), Mrigal(Cirrhinus mrigala), Silver Carp (Hypopthalmichthys molitrix), Grass Carp (Ctenopharyngodon idella) and Pangasius(Pangasius pangasius). In order to understand whether inland fish farming is economically viable for inland fish farmers in West Godavari district, it is prudent to conduct a study on “Economic Appraisal of Inland Fish Production in West Godavari District of Andhra Pradesh”.
A multistage sampling design was adopted for the selection of 90 sample respondents. Primary and Secondary data were collected and analyzed by using descriptive statistics, growth rates, profitable ratios, economic appraisal techniques, stochastic frontier production function and Garrett’s ranking technique.
The growth rates revealed that the area and production of inland fisheries in Andhra Pradesh were growing significantly and the major share of GVA of fish production in Agricultural GDP was increased during the study period (2011-12 to 2019-20). The total cost of fish farming was Rs.597123.16/ha from
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that the major cost occupied by the variable costs (Rs. 407105.87/ha) followed by the fixed costs (Rs.1,90,017.29/ha). The Break-even analysis showed profitability. The profitable ratios like ROR were 0.13, ESR was 0.45 and GRR was 0.80 which were found economically viable. The NPV was Rs.3,08,056.10/ha which was positive and greater than zero. The BCR was 1.09 which was greater than the one. The IRR was 31.12 per cent which was greater that the existing interest rate i.e., 10 per cent. Hence, investment was considered as economically viable for inland fish farmers.
The stochastic frontier production function was employed to estimate factors influencing. It concluded that fingerlings and labour-man days showed positively significant at one per cent and 10 per cent levels respectively, while the cost of fertilizer was negatively significant at one per cent level. In the inefficiency factors, age was positively significant at one per cent while, education and extension contacts showed negatively significant at one per cent level.
The main constraints faced by the inland fish farmers were the non-availability of quality fingerlings, high disease attacks, and high cost of feed. By making availability of quality fish fingerlings to inland fish farmers the establishment of standardized and regulated fish fingerlings agencies to certify the quality of fish fingerlings.