Economic Analysis of Modern Technologies in Shrimp Farming: A Case Study from Karnataka State

Abstract

The modern technologies such as air oxi tubes, pond
lining and biofloc technology have evolved as a
feasible solution to solve predicaments such as poor
feed conversion ratio and undesired concentration
of dissolved oxygen. The study attempts to quantify
the economic benefits realized by shrimp farmers on
adoption of modern technologies. For the study,
three innovative farmers who have adopted modern
technologies were selected from Udupi district of
Karnataka and their performance was compared
with ten farmers practicing conventional method.
The shrimp farming with modern technologies
required an initial capital investment of Rs. 13.06
lakh which is 91.63 % higher compared to conventional
method (Rs.6.82 lakh). The cost benefit
analysis of shrimp farming indicated that farmers
realized net returns of Rs. 154.79 kg-1 which is
54.83% higher compared to conventional method
(Rs. 99.97 kg-1). The economic benefit of modern
technologies per acre per year came to Rs. 32.64 lakh
reflecting the worthiness of modern technologies.
Adoption of such technologies on wider scale will
have a win win situation i.e., generating enough
returns on one hand and meeting exacerbating
demand on other hand.