Overview

• Naidu wrote to the Finance, Commerce and Fisheries ministers seeking a 240-day moratorium on loans and interest, interest subsidies and a temporary 5% GST waiver on frozen shrimp.
• He reports losses of about Rs 25,000 crore after effective U.S. duties neared 60%, with roughly half of export orders scrapped.
• Around 2,000 containers now carry an extra tariff burden of nearly Rs 600 crore, deepening cash-flow stress for exporters.
• Andhra Pradesh supplies about 80% of India’s shrimp exports and 34% of marine exports, supporting 2.5 lakh farmer families and about 30 lakh workers in allied activities.
• The state outlines immediate and medium-term steps including feed price cuts, subsidised transformers under consideration, a Rs 100-crore corpus, cold-chain and logistics upgrades, dedicated trains, Kisan Credit Card top-ups and pursuit of FTAs with the EU, South Korea, Saudi Arabia and Russia.