Fisheries Entreprises and Its Economic Appraisal

Shyam, S Salim (2014) Fisheries Entreprises and Its Economic Appraisal. In: Agro Processing and Value Addition for Entrepreneurship Development. Satish Serial Publishing House, Delhi, pp. 149-170. ISBN 9789381226902

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    Abstract

    Many economic decisions including fish production involve benefits and costs that are expected to occur at future time period. The construction of ponds race ways, and fish tank, for example, requires immediate cash outlay, which with the production and sale of fish, will result in future cash inflows or returns .In order to determine whether the future cash inflows justify present initial investment, we must compare money spent today with the money received in the future. The time value of money influences many production decisions. Everyone prefers money today to money in the future. Therefore in order to invest a rupee in fish production today, one must be guaranteed a return in the future that is equal to or greater than the rupee invested today. The preference for the rupee now instead of a rupee in the future arises from three basic reasons: Uncertainty, Alternative uses and Inflation. Uncertainty-influences preferences because one is never sure what will take place tomorrow. Alternative uses-it will determine whether one invests in one project or another. Inflation-affects the purchasing power of the rupee.

    Item Type: Book Section
    Uncontrolled Keywords: Fisheries Entreprises; Economic Appraisal
    Subjects: Socio Economics and Extension > Fisheries Economics
    Divisions: CMFRI-Kochi > Fishery Extension
    Subject Area > CMFRI > CMFRI-Kochi > Fishery Extension
    CMFRI-Kochi > Fishery Extension
    Subject Area > CMFRI-Kochi > Fishery Extension
    Depositing User: Arun Surendran
    Date Deposited: 07 Apr 2015 05:00
    Last Modified: 09 Sep 2015 16:00
    URI: http://eprints.cmfri.org.in/id/eprint/10339

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