Policy interventions needed to aid poultry industry

The 16th edition in the series, it is expected to serve as a platform for networking, knowledge sharing and attract thousands of visitors, including poultry farmers, government officials

Poultry India Expo 2024, a three-day exhibition featuring hundreds of exhibitors from many countries and showcasing innovations in global poultry industry got under way on Wednesday, November 27, 2024.

The 16th edition in the series, it is expected to serve as a platform for networking, knowledge sharing and attract thousands of visitors, including poultry farmers, government officials, industry integrators and global poultry experts, the organisers said in a release. Rising input costs, especially of feed ingredients like maize and soya, compounded by GST burdens on soya meal and poultry equipment is impacting the poultry industry, Indian Poultry Equipment Manufacturers Association president Uday Singh Bayas said.

“Immediate policy interventions are needed to stabilise prices, ensure affordable feed, and enable fair access to credit, particularly by expanding priority sector lending thresholds,” he said. GST exemption on soya meal and processing machinery to ease the financial strain along with increase in rabi maize cultivation and controlled corn imports for ethanol production to stabilise feed costs are other demands.

“To enhance resilience, we also urge fast-tracked vaccine import protocols to combat animal diseases, alongside nationwide support for egg inclusion in school meal programmes to address child malnutrition. The industry’s competitiveness on a global stage requires dedicated focus sector status to support exports to high-demand markets, which would elevate India’s role as a leading exporter of poultry products,” he said.

Published - November 28, 2024 05:00 am IST