Financial Daily from THE HINDU group of publications Saturday, Mar 06, 2004 |
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Agri-Biz & Commodities
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Poultry Poultry trade pegs Jan losses at Rs 800 crore Our Bureau
Hyderabad , March 5 POULTRY industry in the country has lost Rs 800 crore last month when markets crashed following bird flu scare, according to the National Egg Co-ordination Committee (NECC). NECC has appealed to the Union Government on Friday to immediately announce a relief package to the poultry farmers. NECC stated that thousands of poultry farmers have completely lost their working capital and one such farmer, who reared 3,000 birds, had committed suicide unable to bear the financial losses. Keeping this in view, the NECC Chairperson, Ms Anuradha Desai, appealed to the Government "to immediately do something" to prevent farmers from resorting to the extreme step of committing suicides. In a press release here, Ms Desai urged the Government to treat poultry on par with the agriculture sector in respect of imposition of electricity tariff, extension of Kisan Credit Cards and fixation of rate of interest on bank loans. These measures, according to her, would help the poultry farmers to restart their business.
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