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Title Economics of motorised traditional craft
 
Names Annamalai, V.
Kandoran, M.K.
Date Issued 1990 (iso8601)
Abstract Motorization of traditional fishing craft is one of the fast spreading technological innovations in Indian fishing villages. A study on the economic performance of the innovation showed a substantial increase in the gross earnings after motorization the increase being more pronounced in the case of small (below 7.5 m) and medium (8 to 10 m) sized craft. However, rising fuel costs, and high prices of spares of motor and repair charges, cut deeply into the operational profit. Rate of return on investment is generally very low and large classes of craft (above 10.5 m) show the least return at 11%. The far reaching impact of motorization is to be found in the monetisation of craft operation. Only those fishing units having financial backing to carry on operation during long spells of poor harvest can remain viable in the long run, and the rest are forced to fold up.
Genre Article
Topic Fishing vessels
Identifier Fisheries Technology 1990: 27(1), 5-12