2 days ago
Increase in anti-dumping duty by U.S. on Indian shrimp a cause for concern
Andhra Pradesh has requested the Government of India (GoI) to solve the problem caused by an increase in anti-dumping duty imposed by the U.S. on Indian shrimps from 1.35% to 3.96% with retrospective effect from 2023-24, which entails a burden of ₹600 crore on seafood exporters from the State.
Addressing a press conference here on Wednesday, AP Legislative Assembly Deputy Speaker and State Aquaculture Advisory Committee (SAAC) member K. Raghu Ramakrishna Raju and AP State Aquaculture Development Authority (APSADA) Co-Vice-Chairman Anam Venkata Ramana Reddy said Chief Minister N. Chandrababu Naidu requested the Union Ministers of Finance, and Industry & Commerce to resolve the issues faced by seafood exporters in India by diplomatically engaging with the shrimp importing countries, particularly the U.S.
He insisted on inclusion of harmonised system codes of Indian shrimp under the exemption list in order to protect the livelihood of lakhs of farmers and workers, and prevent the collapse of the sector that significantly contributed to the Gross State Domestic Product.
SAAC recommendations
They said the SAAC studied the issues that cropped up after the U.S. imposed the reciprocal tariffs on seafood exports from India, and came up with short, medium and long-term strategies for sustainability of the sector.
The short-term measures included a reduction in the input costs such as lowering the power tariffs, waiver of import duties on brood-stock and feed to ease production pressure, waiver of 5% GST on packaged shrimp to unlock local consumption, stabilising farm gate prices, securing access to the European Union (EU) and small markets, enhancing export compliance by ensuring strict implementation of traceability for the sake of reducing export rejections, and leveraging re-export potential by activating fish re-export hubs and streamlining the port clearances.
Mr. Ramakrishna Raju said the medium-term strategies recommended were to enforce 100% registration of farms, tackle trade barriers, promote cluster farm management, and expand product lines by incentivising ready-to-eat / cook shrimp for premium global markets. The long-term strategies included achieving brood-stock sufficiency, species and market diversification, and strengthening bio-security institutional reforms quality compliance.
Mr. Venkata Ramana Reddy said the department had completed geo-tagging of all the existing 2.07 lakh aquaculture ponds and 3,800 aquaculture business units in the State and assigned 11-digit unique codes.
A traceability app intended to create a digital platform with a central dashboard, real-time monitoring and analytics was in the process of development. APIIC Chairman M. Rama Raju was among others present.
