Valuing Fishing Activity of the Deepor Beel

Abstract

The Deepor Beel is one of the large and important riverine wetlands in the Brahmaputra valley of Assam, India. The only Ramsar site of Assam, the Beel is one of the richest biodiversity grounds in the wetland eco-system of the state. The Deepor Beel is the hub of a wide range of organisms. It provides various goods and services directly or indirectly to the villages near to the beel for their livelihood. Despite its contribution to society and ecology as a whole, these goods and services of the Beel are undervalued in the policy provisions. The prime reason for this undervaluation is that most of the goods and services of the Beel are non-marketable and those goods which have direct use-values are never valued in an economic term. To fill the gap partially, this study tries to estimate the direct use values of the Deepor Beel. Among the goods the Deepor Beel provides, fishing can be considered one of the economically significant goods. Fishing provides livelihood directly to 825 households living near the Beel. Therefore, this research tries to estimate the direct use value of fishing in the Deepor Beel. A market price approach is applied to estimate the value of this wetland resource. Net Present Value (NPV) of fishing is also estimated. The total estimated value of fishing is INR 11,64,69,375 per annum. The estimated value of fishing per hectare is INR 29,015.78 per annum. The estimated Net Present Value (NPV) of fishing is INR 97,05,78,125. This valuation is important to draw the attention of the policymakers for resource investment in conserving the Beel for continued benefits.