Poultry sector demands incentive package
Calls for rescheduling existing bank loans issued to farmers, disbursement of fresh loans
LAHORE:
Stakeholders from the poultry sector have requested the government to reschedule existing bank loans issued to farmers and disburse fresh loans to individuals and institutions associated with the industry.
"New loans should be provided to poultry farmers at the least possible interest rate immediately so they can continue production," said Pakistan Poultry Association (North Region) Vice Chairman Atiqur Rehman Abbasi.
He cautioned that there was a high chance of food crisis in the country. The cost of production of poultry sector has risen over the past two years due to which farmers were unable to earn significant profits. At present, poultry farmers are enduring severe losses that have dragged the entire sector to the verge of devastation. "Keeping this in view, the government should announce measures to address their problems and introduce a relief package for poultry farmers," he said.