UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 3
March-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2203336


Registration ID:
321392

Page Number

d274-d280

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Title

Role of Fisheries in Indian Economy – An Mathematical Analysis

Abstract

Fisheries is an important sector in India. It contributes to the national income, exports, food and nutritional security. It provides employment to millions of people. India is the 3rd largest fish producing and 2nd largest aquaculture nation in the world after China. The Blue Revolution in India demonstrated importance of Fisheries and Aquaculture sector. The sector is considered as a sunrise sector and is poised to play a significant role in the Indian economy in near future. In the present paper, an attempt has been made to study the production trend and growth rate for Inland and Marine fish by using statistical techniques. It is observed that there is an increasing trend in production for both Inland and Marine fish. The growth rate has been highest at the level of 11.08 % per annum during 2009-10 to 2019-20 for Inland and 4.54% during 1969-70 to 1979-80 in case of Marine. A Least Square Model has been developed using data from 1994-95 t0 2019-20. The projected fish production for Inland and marine has been worked for 2024-25 and 2029-30. Authors have also suggested the strategies for enhancing the returns of the potato crop and its products through appropriate marketing strategy and trade liberalization. Finally, recommendations for enhancing production have been suggested such as developing micro level database, application of GIS, insurance, marketing strategy, grading, processing, export incentives and credit facilities by government, public sector and private sector involvement.

Key Words

Growth Rate, Inland, Least Square Technique, Marine, Production

Cite This Article

"Role of Fisheries in Indian Economy – An Mathematical Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 3, page no.d274-d280, March-2022, Available :http://www.jetir.org/papers/JETIR2203336.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Role of Fisheries in Indian Economy – An Mathematical Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 3, page no. ppd274-d280, March-2022, Available at : http://www.jetir.org/papers/JETIR2203336.pdf

Publication Details

Published Paper ID: JETIR2203336
Registration ID: 321392
Published In: Volume 9 | Issue 3 | Year March-2022
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.29519
Page No: d274-d280
Country: Ghaziabad, UTTAR PRADESH, India .
Area: Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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