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Fish prices in India increased 131% in 5 years : ASSOCHAM August 12,2013   |  Source: BS

Wholesale fish prices rose by a whopping 131% during past five years as India's growing appetite for fish owing to rising per-capita income, urbanisation and evolving eating patterns. This is fast leading to depletion and over-exploitation of fish stocks in the country, a recent ASSOCHAM study on this sector said.

“While index value of fish was over 126 during 2008-09, it rose past 291 as of 2012-13 due to a combination of factors. Falling fish catch owing to rising water pollution, dumping of plastic and other harmful materials, absence of organized retail in fish trade, persistence of age-old distribution system, post-harvest losses and rising operating costs due to unabated diesel price rise resulting are the main factors behind this, said a sector-specific analysis of fish prices.

Alarmingly, growth of fish production in India has declined to half i.e. from about 7% in 2008-09 to 3.5% during 2012-13.

“Wholesale inland fish prices rose by a whopping 200% and marine fish prices rose by about 91% during the period,” said D.S. Rawat, national secretary general of ASSOCHAM.

Growing urbanization and advent of supermarkets has lead to growth in fish consumption across India, but lack of poor post-harvesting equipment, inadequate food processing

 

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