Piyush Goyal Assures Support for Aquaculture Farmers, Export Growth and Fair Prices
Union Commerce and Industry Minister Piyush Goyal has reiterated the Centre’s commitment to strengthening the aquaculture sector to boost India’s coastal economy, improve farmers’ livelihoods and create new opportunities for export growth.
The announcement comes amid growing concerns over rising input costs, global competition and export challenges faced by Andhra Pradesh’s aquaculture and tobacco sectors.
Piyush Goyal Backs Aquaculture Farmers and Export Growth
In a post on social media platform X, Goyal said he held a productive interaction with stakeholders from the aquaculture and tobacco industries of Andhra Pradesh.
“We discussed opportunities to further strengthen the aquaculture sector to boost India’s coastal economy,” Goyal said.
The minister reiterated the government’s commitment to ensuring better livelihoods for farmers through fair prices, improved market access and the creation of new avenues for export growth.
He said these efforts would also contribute to accelerating Andhra Pradesh’s economic progress, with aquaculture remaining one of the state’s key export-oriented sectors and a major contributor to India’s seafood exports.
Senior Leaders Discuss Andhra Pradesh’s Aquaculture Challenges
The meeting was attended by Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, Minister of State for Heavy Industries and Steel Bhupathiraju Srinivasa Varma, BJP leader D. Purandeswari, TDP Parliamentary Party leader Lavu Sri Krishna Devarayalu, and Andhra Pradesh ministers K. Atchannaidu, Gottipati Ravi Kumar and Dola Bala Veeranjaneya Swamy.
Chandrababu Naidu Seeks Centre’s Support for Shrimp and Tobacco Farmers
The interaction assumes significance as it came on the same day Andhra Pradesh Chief Minister N. Chandrababu Naidu urged the Centre to take a series of measures to safeguard the interests of the state’s aquaculture and tobacco farmers amid rising input costs and growing competition in global markets.
In separate letters to Union ministers, including Goyal, the Chief Minister sought permission to import genetically modified (GM) soybean meal for shrimp feed manufacturers, regulation of fish meal exports to ensure adequate domestic availability, export incentives for tobacco, a reduction in GST on key aquaculture inputs, and the establishment of a regional office of the National Fisheries Development Board (NFDB) in Amaravati.
Why GM Soybean Meal and Fish Meal Regulation Matter
In his letter to Goyal, Naidu requested measures to regulate fish meal exports so that domestic demand is met before overseas shipments are permitted. He also reiterated the demand to allow imports of GM soybean meal, saying it would help address shortages and reduce feed costs for shrimp farmers.
Read More:
Andhra Pradesh Aqua Corridor: CM Chandrababu Naidu Unveils Ambitious Blueprint to Boost Blue Economy
Andhra: Aqua feed manufacturers agree to price cut
