There has been seen great impact of environmental and anthropogenic on lakes and fishers’ livelihood due to migration and changing professions. This study address the current situation of Manchar Lake’s fishers who changed the occupation and their willingness to switch back to fishing in Manchar Lake. A survey based questionnaire was developed and 300 respondent were selected through the Snow Ball sampling. Contingent Valuation Method (CVM) was used to analysis the fishers’ Willingness to Switch Back to fishing in Manchar Lake. It analyses the fishers’ livelihood changes because of migration and change in occupation, further this study examines the current living pattern as compare to past living patterns when they were fishing in Manchar Lake. The major finding shows that complete transformation in the livelihoods of fishers has been taken place due to positive and negative changes in their access to assets. Despite their increase in access to physical capital such as school, hospital, roads and markets of fishers are largely vulnerable due to negative change in their income and ownership of house. Livelihood assets changes among fishers have different impact on fishers’ satisfaction with livelihood outcomes and their willingness to switch back to fishing in Manchar Lake, and it is determined by their livelihood in the place of origin. Satisfaction with current livelihood outcomes is low and willingness to switch back to fishing in Manchar Lake is high, because of their sound economic status and social recognition and power they had when they were fishing in Manchar Lake. The current situation and preferences of fishers emphasize the need of appropriate initiatives needs to be taken by the government and concerned agencies in order to restore Manchar Lake. Supervisor:- Dr. Junaid Alam Memon