Economic Evaluation and Overall Assessment of Water Harvesting Ponds based on Scorecard System: A Case Study

Abstract

In the present study, an attempt has been made to carry out an economic analysis of three (03) water harvesting ponds situated in the district of Lakhimpur (Assam), India. Economic analysis was carried out using three important economic criteria, namely Benefit Cost Ratio (BCR), Net Present Worth (NPW) and the Internal Rate of Returns (IRR). Ponds of the study area were compared with adopting score card system. All the water harvesting ponds were found economically viable as the BCR was more than unity at 12% discount rate. Net present worth was the highest for the water harvesting pond of Radhapukheri Fish Seed Farm, Department of Fisheries, Govt. of Assam, Narayanpur and the least for water harvesting pond of St. Xavier’s School, Harmoti. The IRR was found to be the highest (60%) for water harvesting ponds of St. Xavier’s School, Harmoti followed by water harvesting pond of a farmer of Narayanpur (48%) and water harvesting pond of Radhapukheri Fish Seed Farm (19.2%).Water harvesting pond of Radhapukheri Fish Seed Farm, Narayanpur scored the highest score (84 marks) followed by water harvesting pond of a farmer of Narayanpur (80 marks) and St. Xavier’s school, Harmoti (61 marks).