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Adoption of Small Scale Coastal Cage Fish Farming in the Southwest Coast of India: Opportunities and Challenges

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Relation http://eprints.cmfri.org.in/14280/
http://www.aquaculturehub.org/main/authorization/signIn?target=http%3A%2F%2Fwww.aquaculturehub.org%2Fgroup%2Fisraelijournalofaq
 
Title Adoption of Small Scale Coastal Cage Fish Farming in the Southwest Coast of India: Opportunities and Challenges
 
Creator Aswathy, N
Imelda, Joseph
 
Subject Socio Economics and Extension
Cage culture
Fisheries Economics
Aquaculture
 
Description Cage fish farming is an emerging aquaculture technology in India. It is a
low impact farming practice with high economic returns. ICAR-CMFRI in
India had developed cost effective technologies for cage farming and
popularised the technology through front line demonstrations in the marine
and coastal waters in the country. We analysed the opportunities and
constraints of coastal cage fish farming in Kerala state, in the south west
coast of India. Economic indicators of selected farms revealed that cage
farming is an economic viable technology in the coastal waters earning an
average net profit of USD3,914 and internal rate of return (IRR) of 68%.
Coastal water pollution, inadequate financial capital, climate change
impacts, high feed cost and lack of insurance facilities were reported as the
major constraints in cage fish farming. The study indicated that cage fish
farming has great potential for augmenting fish production and coastal
livelihoods and emphasized the need for stringent regulations for mitigating
coastal water pollution, institutional linkages for financial inclusion and
insurance facilities for upscaling the technology.
 
Date 2020
 
Type Article
PeerReviewed
 
Format text
 
Language en
 
Identifier http://eprints.cmfri.org.in/14280/1/Israeli%20Journal%20of%20Aquaculture%20-Bamidgeh_2020_Aswathy%20N.pdf
Aswathy, N and Imelda, Joseph (2020) Adoption of Small Scale Coastal Cage Fish Farming in the Southwest Coast of India: Opportunities and Challenges. Israeli Journal of Aquaculture -Bamidgeh, 72. pp. 1-9. ISSN ISSN 0792 - 156X