Benefit-Cost Analysis of Fish Farming in Azamgarh District of Uttar Pradesh, India
Akanksha Chaturvedi
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
R. R. Kushwaha *
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
Supriya
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
Soumya Ranjan Mohapatra
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
Abhishek Verma
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
Sooraj Kumar
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
Kaushlendra Srivastava
Department of Agricultural Economics, Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya-224229, Uttar Pradesh, India.
*Author to whom correspondence should be addressed.
Abstract
This study examines the economic viability of inland pond-based fish farming in the Azamgarh district of Uttar Pradesh, India, with a focus on small (<0.5 ha), medium (0.5–2 ha), and large (>2 ha) farm categories. Employing a multistage stratified sampling method, data were gathered from 100 respondents to analyse cost structures, returns, and input-output relationships. The findings indicate that variable costs dominate at all scales, representing over 96% of total costs, with labour being the largest single expense, comprising between 41.85% and 46.40%. Other significant contributors include key inputs such as feed/fertiliser (23.78%–24.11%) and seed (20.32%–21.79%). Fixed costs remain minimal, ranging from 1.18% to 3.86%, primarily due to limited capital investments. In terms of returns, gross returns increase with farm size—from ₹3,79,720 for small farms to ₹4,49,714.71 for large farms—along with net returns, which range from ₹86,347.83 to ₹95,520.43. However, input-output ratios exhibit a slight decline with scale, decreasing from 1.29 for small farms to 1.26 for large farms, indicating diminishing marginal efficiency. The study concludes that while all farm sizes are economically viable, strategic enhancements—such as optimising labour costs, improving yields, and increasing input efficiency, particularly in large farms—are crucial for enhancing profitability and sustainability. The findings highlight the potential of inland aquaculture as a scalable livelihood option, provided that cost structures are managed effectively.
Keywords: Fish farming, input-output ratio, variable costs, fixed costs, inland aquaculture