Economic Analysis and Farmers Characterization for Fish Production in Dhangadhimai Municipality, Siraha District, Nepal

Abstract

A total sample of 60 respondents was examined, 30 from Santanagar and 30 from Fulkahakatti in the Dhangadhimai region, selected randomly and proportionately from March to June 2022.Utilizing a fundamental irregular examining approach essential information was assembled through a pre-tested semi-structured survey, while secondary data was obtained through a review of literature relevant to the research topic MS Excel and SPSS-25 were utilized to analyze information including simple descriptive statistical measurements and ordering techniques. The typical total cost of production was found to be Rs 8,98,085.7 with variable costs representing 87.2% and fixed costs representing simply 12.8%. The exploration region's typical fish yield (5340.24 kg/ha) is more prominent than the national average (4300.28 kg/ha) and district average (4800 kg/ha). Numerous production issues were accounted for by respondents, including late inputs supply, a deficiency of quality fingerlings, unreasonable input costs, irresistible diseases and pests, and an absence of proper adequate training. Notwithstanding these issues, fish production is an effective industry with a high gross edge with Benefit-cost ratio 1.51. This suggests that although fish farming is a profitable business in the Dhangadhimai municipality, several policy implications may encourage it even more. To address these difficulties, a variety of policies need to be implemented, including control of fish markets, the supply of governmental subsidies, the provision of extension services, encouraging the engagement of women, and the provision of essential high-quality inputs.