Coastal Andhra Fisherfolk Face Deepening Financial Crisis
Fisherfolk along coastal Andhra Pradesh are facing a severe financial crisis. Repeated bans across four major weather alerts since June have caused cumulative losses exceeding ₹36 crore. Many families depend on daily catches, so the losses hit their household budgets directly.
Context
Context: Cyclones and rough seas often keep fishing boats in harbour for days, and coastal families rely on daily earnings. Weather bans can quickly push fisherfolk into debt when they have little savings to fall back on.
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