New Delhi, Aug. 11 -- The Seafood Export Association of India has formally requested emergency financial assistance from the ministries of commerce and finance following significant disruptions to the country's shrimp export industry.

The disruptions stem from increased tariffs imposed by the United States under President Donald Trump's administration, which threaten approximately USD 2 billion worth of Indian shrimp exports.

The association has submitted a comprehensive support proposal that includes a 30 percent increase in working capital through soft loans, with interest margins to be covered by government subvention.

Additionally, the exporters are seeking a 240-day moratorium for both pre-packaging and post-packaging operations t...