FINANCIAL PERFORMANCE OF THE FISHERIES AND SOCIO-ECONOMIC CONDITIONS OF FISHERMEN IN RAMANATHAPURAM COASTAL REGION.

Abstract

A fishery is an important sector in India. It provides employment to millions of people and contributes to food security of the country. With a coastline of over 8,000 km, an Exclusive Economic Zone (EEZ) of over 2 million sq km, and with extensive freshwater resources, fisheries play a vital role. The total fish production during 2017-18 is estimated to be 12.60 million metric tonnes, of which nearly 65% is from inland sector and about 50% of the total production is from culture fisheries, and constitutes about 6.3% of the global fish production. This study examines the financial performance of the Fisheries to different aspects of fisheries like cost and earnings, production and marketing, besides, examining the socio-economic conditions of fishermen in Ramanathapuram coastal region. It elaborates the significance of various statistical tests which are applied in the study. This study briefly describes the primary points of Performance of fisheries. The performance of fishing in India and at the international level has an increasing trend. The government of India may take various necessary steps to improve the fishing activities.