Business Daily from THE HINDU group of publications
Friday, Dec 05, 2008
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Aquaculture
States - Tamil Nadu
Shrimp farmers seek compensation

Our Bureau

Chennai, Dec. 4 The recent cyclone has destroyed over 1,000 ha shrimp farms and farm infrastructure and machinery estimated at about Rs 150 crore, according to a press release from the Prawn Farmers Federation of India.

The Tamil Nadu Fisheries Department has initiated a survey and the Tamil Nadu Coastal Aqua Farmers Federation is working with the district level associations for a detailed study of the damage. The shrimp farmers are seeking the Government’s support to compensate the loss.

Over 10,000 farmers have been affected in the stormy weather which hit the southern coast of Tamil Nadu last week. More than 100 cm of rain was recorded on the day in Nagapattinam district and the cyclonic winds and rough seas destroyed the farm bunds resulting in the loss of over 1,500 tonnes of shrimp stock. Farm machinery including aerators, pumps, cables, distribution panel boards and water intake systems were completely destroyed, the release said.

The damage has aggravated the losses suffered by the farmers who have been hit by the sharp drop in prices because of the international market slow down.

More Stories on : Aquaculture | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Bay storm threatens to hit Lanka


Seafood exporters urged to focus on value-added products
Shrimp farmers seek compensation
Cheaper fuel pulls down inflation rate to 8.4%
Spot rubber declines further on global cues
Tea e-auctions here to stay
Arrivals surge at Kochi tea auction
Demand for Indian tea in Pakistan on the rise
Numero Uno
Futures trading resumes in 4 commodities


Smartbuy



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line