Returns from Motorised Traditional Craft in Veraval Coast


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Authors

  • Manohar Doss R.S. Central Institute of Fisheries Technology, Cochin
  • Annamalai V. Central Institute of Fisheries Technology, Cochin
  • Pravin Putra Veraval Research Centre of CIFT, Veraval
  • Kandoran M.K. Central Institute of Fisheries Technology, Cochin

Keywords:

Motorised craft. Internal rate of return. Sensitivity analysis

Abstract

Economic performance of motorised traditional craft operating in Gujarat Coast has been worked out. Average investment on a fishing unit with 12 m craft, 8 HP engine and a complement of gear, works out to Rs. 1.11 lakhs. Average annual maintenance cost works out to 21% of the investment cost. Highest percentage share of maintenance go for engine repair, annual rate of return on investment is 8.72%. Internal Rate of Return of investment works out to 28%. Sensitivity analysis has been carried out on IRR.

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How to Cite

R.S., M. D., V., A., Putra, P., & M.K., K. (2012). Returns from Motorised Traditional Craft in Veraval Coast. Fishery Technology, 34(2). https://epubs.icar.org.in/index.php/FT/article/view/23531