IDEAS home Printed from https://ideas.repec.org/a/acg/journl/v11y2022i1p46-50.html
   My bibliography  Save this article

Economic Value of Major Lakes in Coimbatore City

Author

Listed:
  • S Bhuvanesvari

    (Bharathiar University)

  • R Manikandan

    (Bharathiar University)

Abstract

Lakes are recognized as freshwater resources in rural and urban areas. In the last few decades, lakes situated vicinity of cities are rapidly degraded due to lack of maintenance and economic development. Lakes areas were encroached, converted into buildings and house plots because and people were not aware of the intrinsic value of lakes. Coimbatore is one of the tier II cities in India, it has several lakes in and around the city limits. In 2016, Coimbatore is one of the city selected under the smart city mission. Under the Smart City mission, Coimbatore city municipal corporation restores the water bodies. But, lakes around household activities and lake visitor's activities affect the lake quality and ecosystem. The main reason was the people were not aware about the intrinsic value of lakes. Therefore, this study estimates the total economic value of ecosystem services derived from major lakes in Coimbatore city. The total hectare of major 9 lakes was647.61 ha and its ecosystem services value was 608.36 crores/year. Kurichi lake has the highest catchment area, its ecosystem services value was 127 crores per year. The monetary value of lakes makes awareness about the significance of lakes ecosystem services and people are co-operate with lakes restoration activities.

Suggested Citation

  • S Bhuvanesvari & R Manikandan, 2022. "Economic Value of Major Lakes in Coimbatore City," Shanlax International Journal of Economics, Shanlax Journals, vol. 11(1), pages 46-50, December.
    • Handle: RePEc:acg:journl:v:11:y:2022:i:1:p:46-50
    DOI: 10.34293/economics.v11i1.5793
    as

    Download full text from publisher

    File URL: https://www.shanlaxjournals.in/journals/index.php/economics/article/view/5793
    Download Restriction: no
    File URL: https://www.shanlaxjournals.in/journals/index.php/economics/article/view/5793/5394
    Download Restriction: no
    File URL: https://libkey.io/10.34293/economics.v11i1.5793?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. S Bhuvanesvari & R Manikandan & K Sowmitha, 2023. "Economic Valuation of Recreational-benefits and Visitation Rate of Selected Lakes in Coimbatore City: An Application of Travel Cost Method," Shanlax International Journal of Economics, Shanlax Journals, vol. 12(1), pages 33-42, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acg:journl:v:11:y:2022:i:1:p:46-50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S.Lakshmanan (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.