Shrimp Feed Price Freeze in Andhra Pradesh

Shrimp feed manufacturers in Andhra Pradesh have paused a proposed price hike after state Fisheries Minister K Atchannaidu intervened. The hike threatened aquaculture margins, prompting discussions with industry representatives. The state aims to protect farmers' interests and support the aquaculture sector.

In a significant development, shrimp feed manufacturers in Andhra Pradesh have halted a planned price increase after state Fisheries Minister K Atchannaidu's intervention.

The hiatus comes after manufacturers proposed raising feed prices by up to Rs 10 per kg, which could have strained the aquaculture sector's already narrow profit margins.

Minister Atchannaidu, in a video conference with shrimp feed stakeholders, emphasized the government’s commitment to safeguarding farmers' livelihoods and ensuring the sector’s sustainability.