Sources of Growth and Emerging Trends in Fisheries Sector of Jammu and Kashmir
Aiman Rasool
*
Faculty of Horticulture, SKUAST-K, School of Agricultural Economics & Horti- Business Management, India.
Asma Fayaz
Faculty of Horticulture, SKUAST-K, School of Agricultural Economics & Horti- Business Management, India.
Misbah-i-Medinah
Faculty of Horticulture, SKUAST-K, School of Agricultural Economics & Horti- Business Management, India.
S.A. Wani
Faculty of Horticulture, SKUAST-K, School of Agricultural Economics & Horti- Business Management, India.
F.A. Shaheen
Faculty of Horticulture, SKUAST-K, School of Agricultural Economics & Horti- Business Management, India.
*Author to whom correspondence should be addressed.
Abstract
This study examines the growth trends of Fisheries sector in union territory of Jammu and Kashmir (J&K) from 1980 to 2020. The study was conducted during the academic year 2021-22 at Skuast-k Shalimar. The research study is exclusively based on secondary data. It investigates the factors influencing the growth of total fish production over the decades in UT of Jammu and Kashmir and identifies areas of strength and weakness. The study employs log- linear production function (Log Yt = A + Bt) for computing the compound annual growth rate (CAGR) to assess the performance of the sector. The findings revealed slow to moderately high growth patterns from decadal phase I to III in total fish production and during phase IV a slight increase in total fish production was observed. Moreover, state and centrally sponsored schemes by the government, infrastructural development like introduction of cage culture, creation of facilities for capacity building programmes etc have to be proved be drivers of growth over the years but causes like less attention and lack of recognition, mal practices etc have turned out to be its major causes of being under developed sector. This study underscores the need for targeted interventions to improve fish production and improve the sector’s resilience and contribution to rural livelihoods in UT of J&K.
Keywords: Fisheries growth, Jammu and Kashmir, Compound Annual Growth Rate (CAGR), way forward and suggestions