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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Assessing the Necessity of an Airport in Aranmula: An Economic and Environmental Cost-Benefit Analysis |
| Authors Name: | Ishan Anshul |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_206267
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| Published Paper Id: | IJNRD2310054 |
| Published In: | Volume 8 Issue 10, October-2023 |
| DOI: | |
| Abstract: | The Aranmula airport project in the Pathanamthitta district of Kerala was initially approved in 2009 but was later scrapped in 2016. This ruling resulted from the National Green Tribunal not providing clearance due to the potential environmental damage associated with the project. Owing to the recent proposal to build an airport in the nearby Sabarimala, it is interesting to look into the feasibility of the Aranmula airport project in 2020, especially with the increasing demands of many diasporic Keralite populations. This study also gives a perspective on the seemingly conflicting ideals of environmental protection and economic development. It lists significant damages and gains associated with the project and uses a cost-benefit analysis approach to check its feasibility in the current situation. It uses primary data to evaluate the value of some important local species through the Contingent Evaluation Technique. Secondary data is also used to value the various costs and benefits of establishing the airport. From the data collected and the ensuing calculations, this study argues for the claim that even in the current scenario, it is infeasible to proceed with the Aranmula airport project because the costs related to it outweigh its benefits. |
| Keywords: | Environmental Impact Assessment, Aranmula Airport, contingent valuation, NPV, cost-benefit analysis, Total economic value of the ecosystem. |
| Cite Article: | "Assessing the Necessity of an Airport in Aranmula: An Economic and Environmental Cost-Benefit Analysis", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 10, page no.a481-a484, October-2023, Available :http://www.ijnrd.org/papers/IJNRD2310054.pdf |
| Downloads: | 000118754 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
| Publication Details: |
Published Paper ID:IJNRD2310054 Registration ID: 206267 Published In: Volume 8 Issue 10, October-2023 DOI (Digital Object Identifier): Page No: a481-a484 Country: Mumbai, Maharashtra, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2310054 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2310054 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016
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