*Assistant Professor, Department of Environmental Economics, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu, India
**Assistant Professor, Research Department of Economics, Sree Sevugan Annamalai College, Devakottai, Tamil Nadu, India
Online published on 4 June, 2015.
This study explores the existing system of Common Property Resource (CPRs) management regime in T.Nagani Panchayat. The study found that the two village institutions in the study area viz., Kudimani kattupadu and Arukudi kattupadu. The functions of these institutions are guide of equality in resource use, social justice, village liability, community co-operation especially for worshiping common god (Gramadevi), and social, cultural and natural resource conservation. Garrett's Ranking Score is used to find out the causes of lack of management of CPRs. The Garrett's Ranking score is higher among the lack of restoration of CPRs in local bodies (4596) followed by lack of people awareness on CPRs (3915). The study concludes that efficiency in management of natural resources required to proper and sufficient people especially communal participations and co-operation in the study village.
Common Property Resources (CPRs), Village Institutions, Institution Failure, Pecuniary Benefits, Optimum Utilization
