Explorer
Advertisement
![ABP Premium](https://cdn.abplive.com/imagebank/Premium-ad-Icon.png)
Why Shrimp Shares Are Seeing Record Surge After The Budget | Paisa Live
In the recent Budget, the government introduced several key measures for the shrimp farming industry, including a 5% reduction in customs duty and increased allocation for shrimp farming, marketing, and exports. These initiatives aim to boost the sector and enhance its global competitiveness. For FY24, India's seafood exports reached ₹60,000 crores, with shrimp exports comprising two-thirds of this figure. India currently holds a 20% market share in global shrimp exports, ranking just behind China. The government is preparing to expand this market share further by supporting the industry through policy changes and financial incentives, intending to strengthen India's position in the global seafood market and drive growth in shrimp exports.
Budget
![Government Earns Billions From Minimum Balance Account Penalties: Find Out How Much Each Bank Made | Paisa Live](https://feeds.abplive.com/onecms/images/uploaded-images/2024/08/01/67edc5e8c534788eaaf7825c1b08aec81722484122576595_original.jpg?impolicy=abp_cdn&imwidth=470)
Government Earns Billions From Minimum Balance Account Penalties: Find Out How Much Each Bank Made | Paisa Live
![Why Shrimp Shares Are Seeing Record Surge After The Budget | Paisa Live](https://feeds.abplive.com/onecms/images/uploaded-images/2024/08/01/0027fa75af9e2ec6725aed364181e7301722483809730595_original.jpg?impolicy=abp_cdn&imwidth=100)
Why Shrimp Shares Are Seeing Record Surge After The Budget | Paisa Live
![NITI Aayog Shares Blueprint To Make India A Developed Nation | Paisa Live](https://feeds.abplive.com/onecms/images/uploaded-images/2024/08/01/59d315d37046bf6bd900d7aab8cbe12d1722482832126595_original.jpg?impolicy=abp_cdn&imwidth=100)
NITI Aayog Shares Blueprint To Make India A Developed Nation | Paisa Live
![Apple Takes Major Step After Reduced Import Duty In Budget | Paisa Live](https://feeds.abplive.com/onecms/images/uploaded-images/2024/07/29/00e3f796365c444cf9f2b1c59186366e1722237370565595_original.jpg?impolicy=abp_cdn&imwidth=100)
Apple Takes Major Step After Reduced Import Duty In Budget | Paisa Live
![Angel Tax Removed In Budget: How This Announcement Is A Boon For Startups | Paisa Live](https://feeds.abplive.com/onecms/images/uploaded-images/2024/07/29/fa5b3265346b6c1432273316175e3c1e1722235139044595_original.jpg?impolicy=abp_cdn&imwidth=100)
Angel Tax Removed In Budget: How This Announcement Is A Boon For Startups | Paisa Live
View More
Advertisement
Advertisement
Advertisement
Top Headlines
India
Cities
India
Election 2024
Advertisement
Trending News
![ABP Premium](https://cdn.abplive.com/imagebank/metaverse-mid.png)