95% Export Dependence on US-UK Markets a Red Flag: India's Former Fisheries Secretary

India’s marine exports, especially driven by increasing global demand for shrimp, generate earnings over Rs 60,000 crore annually. However, the sector is still not regarded on the same level as agriculture and lacks a basic policy framework, says former fisheries secretary Tarun Shridhar. In an interaction with ET Online, he states that India’s stagnant seafood consumption, overdependence on the US and European markets, and limited value-addition all stem from deeper structural gaps. These include absence of robust credit and insurance frameworks as well as weak...
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