Returns from motorised traditional craft in Veraval coast

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Date
1997
Authors
Manoharadoss, V.
Annamalai, V.
Pravin, P.
Kandoran, M.K.
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Journal ISSN
Volume Title
Publisher
Society of Fisheries Technologis(India)
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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Citation
Fish Technol. 34(2): 35-39