Financial analysis of fisheries project analysis - a case study

In the paper, author analyzes the needfol'8 !:letter understanding of financial aspects \nof project by undergoing a case study in processing plant in Kerala; discuss the various \ntools used for quantifying the project based on costs and benefits and its key role in \nestimating actual benefits. This includes Discounted' cash flow methods such as \nDiscounted Payback Period, Discounted Benefit cost ratio, Net Present value (NPV), \nInternal Rate of returns, etc. It highlights the importance of time value of money, a major \nfactor that must be given adequate attention while analyzing the projects. Since investment \ndecisions are irreversible, poor project analysis will lead to considerable wastage of money, \ntime, and energy. Thus one must invest in any Fisheries project only after thorough and \ncareful analysis using these financial tools, considering the unique characteristics of \nFisheries sector.