Before 1997, the fishermen in Kerala, a region in South India, were not necessarily happy when they had a good catch of sardines. When there was plenty of fish at the local beach market, prices fell, and some fishermen might not be able to sell their catch, which had to be dumped into the sea. They could choose to venture down the coast in the hope of finding buyers, but they could not be sure…..
Source: Smart Investor
Date: July 2007
Author: David Choo
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