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Govt urged to fix poultry meat, raw material costs

Govt urged to fix poultry meat, raw material costs Association seeks exemption from duties and taxes LAHORE: The Pakistan Poultry Association (PPA) - North Zone - has said that there is an urgent need to look after the affairs of country’s poultry industry by fixing the cost of broiler meat and raw material used in producing its feed. At a press conference on Monday, PPA Vice-Chairman Raja Attique-ur-Rehman Abbasi said that across the world exemption from duties and taxes on food processing was a norm, but in Pakistan it was not the case. “The world is facing a food crisis and prices of food items have doubled due to Covid-19. In Pakistan, the price of corn, a raw material used to produce poultry feed, has reached Rs2,000 per 40 kg, while previously it was available at Rs1,300,” Abbasi added.

Poultry sector demands incentive package

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

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