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Budget 2019: Interest subvention to ease pricing pain, push fishery exports

Subvention for fisheries comes at a time when Indian shrimp exporters are facing stiff competition from Ecuador, Indonesia and Vietnam and volume growth is expected to slow down this year

Exports  |  Seafood Export  |  Interim Budget 2019

Nirmalya Behera  |  Bhubaneswar 

India largest seafood exporter in 2016: FAO
Representative image

Stakeholders in the seafood industry expect that the two per cent interest subvention announced in the Interim Union budget for 2019-20 for farmers in animal husbandry and fisheries will lead to increased shrimp production and .



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First Published: Fri, February 01 2019. 18:19 IST