Abstract
Post-2000 economic surveys show a revolutionary change in the consumption pattern of Indian household. It has changed consumer's preference from cereals to commodities such as eggs, meat, milk and fish. The diverse food basket is now voluntarily substituted with the expensive and poorer animal product for calorie-rich cereals. In India, Fishery has been one of the fastest-growing food production systems during the last four decades. On comparing the fish production in the country, it seems India's marine fish production has already reached a plateau and can only forecast a marginal increase in the future. However, inland fish production has depicted rapid growth due to untapped water and fish resources and thriving investments. Hence one has to rely heavily on the inland sector for future demands. Jharkhand, a land-locked state is situated in the Deccan Plateau. Fish production in Jharkhand has gained momentum ever since its inception in 2000. The physical features and the climatic condition have helped boost up fisheries in the state, which in turn has contributed towards livelihood, food security and employment. The study was conducted on Inland Fisheries of Ranchi district in Jharkhand. Primary data was collected from October 2019 – January 2020. A simple random sampling technique was used to select 100 fisher folks from the district. Data collected were analysed using trend analysis, budgeting technique and profitability ratios. The first part of the paper attempts to assess the trend of Indian and Jharkhand's fisheries sector. The other part deals with, examining the scope of Inland Fisheries in Ranchi. The result of the budgeting technique shows that gross margin and net farm income of fish production units are positive. The profitability ratio revealed a benefit-cost ratio of 21.4, rate of return of 20.4, gross revenue ratio of 0.5 and expense structure ratio of 0.7. This indicated that fish production was profitable and viable in the study area. Unavailability of the proper market, high cost of fish feed, high cost of transportation and lack of funds were some major constraints among the fisherfolk.
Keywords
Inland fishery, economic viability, constraints to inland fishery
Citations
IRE Journals:
Sidra Zafar
"Economic Viability of Inland Fisheries in Jharkhand – A Case of Ranchi" Iconic Research And Engineering Journals Volume 4 Issue 12 2021 Page 68-73
IEEE:
Sidra Zafar
"Economic Viability of Inland Fisheries in Jharkhand – A Case of Ranchi" Iconic Research And Engineering Journals, 4(12)
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