A kilogram of 100-count shrimp that once fetched Rs 275 now sells for just Rs 225, 50-count price has dropped to Rs 285, and 30-count to Rs 425 — wiping out margins.
Lakhs of aqua farmers in Andhra Pradesh — the state long regarded as the cradle of shrimp farming in India — are caught in a deepening crisis. A punishing combination of depressed market prices, triggered by the West Asia conflict, and surging feed costs has pushed many to the brink. Some have already declared “crop holidays”, while others are actively considering converting their shrimp f…
The shrimp-farming boom that reshaped coastal Andhra Pradesh in the mid-to-late 1990s transformed the economic lives of farmers across the Godavari, Guntur, Krishna, and Nellore districts, who converted lakhs of acres of paddy land into far more lucr…