ECONOMIC FEASIBILITY OF COMPOSITE FISH CULTURE IN LEASED-IN VILLAGE TANKS OF KANYAKUMARI DISTRICT
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Abstract
Kanyakumari district belonging to the high rainfall zone has resource
advantages for composite fish culture in the leased-in village tanks. There
are more than 400 fish farmers operating in leased-in tanks following
composite fish culture under the FFDA programme. To estimate the
economic feasibility and financial viability of the enterprise, the present
study was taken up. 38 fish farmers selected from the district provided
the necessary information like capital investment, costs and return and
constraints. The data collected were analysed and a farm nearest to the
average farm situation was taken as the representative farm. Investment
criteria like PayBacl{ Period (PBP), Simple Rate ~f Returns (SRR), Net
Present Value (NPV) and Benefit Cost Ratio (BCR) were estimated taking
into account a period of 10 years, the period for which the village tanks
are leased-out to fish farmers under the FFDA programme. The analysis
indicated the profitability of composite fish culture in village tanks in
the district and the results are discussed with recommendations.