Impact of Socioeconomic Variables on Income, Asset and Debt of Inland Fishers in Tamil Nadu, India

This study was conducted to examine the effect of socioeconomic variable on the asset, debt, and income of the inland fishers during August 2014 to May 2015. A total of 140 respondents were selected and data was collected by adapting adopting two-stage random sampling. The data was analyzed by using percent and ratio analysis. A significant variation has been observed among the socio-economic variables such as the age, fishing experiences, type of house and total asset ( P >0.05). The young age respondents had a higher income than that those of the middle and old age respondents and they also had higher debt and assets too. The lowest wealth ratio was ₹ 161475 in Periyakulam and the highest ₹307225 in Vaigai. A better mean debt to asset ratio was recorded in Kullapuram of 12.99% than other cooperative society fishers. Finally, this study suggests that, to report the status of folks we need to account the income after deduction of debt.