Meghalaya state has huge potential for recreational fishery, where angling is a common scene in almost all the rivers, small streams, ponds and reservoirs of the state. The socio economic profile, economic analysis and income determinants of fee angling organisers serve as significant information about the fee fishing practice. With this view in focus, the present study was taken up to analyse the economic aspects of the fee fishing business of Ri-Bhoi district, Meghalaya. The data for the study was collected from both primary as well as secondary sources during the month of September, 2018. A total of 30 fee angling organisers were selected for the study from the three different villages of Ri-bhoi district in the state. The study depicted that majority of the respondents lived in the nuclear family that accounted for about 67 per cent and the rest lived in joint family. The present study estimated the total cost and gross revenue per hectare per annum was The total cost and gross revenue per hectare per annum was estimated to be ₹8.81 lakh and ₹11.49 lakh with the net income of ₹2.68 lakh indicated the viability of business with B-C ratio (1.3) portraying the high profitability of fee fishing business and justifying the slow shift from culture based farming to fee fishing. The major factors influencing the income of farm owners were size of farm is found highly significant at 1% level whereas number of anglers is found significant even at 5% level of significance. The results of the analysis indicate that 76% variation is explained by the model.