Economic Evaluation of The Lake's Resources
An evaluation of the marketed use benefits of Ashtamudi estuary (valued using market valuation approach) has assessed the total direct use value at Rs.66.8 million per annum; coconut husk retting accounts for Rs.5.1 million, Inland navigation service accounts for Rs.3.7 million and the recreation benefit is assessed at Rs.1.5 million (using the standard travel cost method). But this is reported to be showing a downward trend, particularly in fish resources in the estuary. This evaluation provides an insight into the economic importance of conserving Ashtamudi estuary.
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