Poultry growers demand soft loans, checking price hike of feeds and chicks


FE Team | Published: October 09, 2021 20:40:58 | Updated: October 11, 2021 18:02:17


Poultry growers demand soft loans, checking price hike of feeds and chicks

Poultry growers have demanded access to easy and soft loans for the grass-root level poultry farmers through the stimulus package, and checking the illogical price hike of poultry feeds and chicks.

Bangladesh Poultry Industry Forum (BPIF) placed 11-point demand at a meeting, organised by Bangladesh SME Forum, at Economic Reporters Forum (ERF) Auditorium in the city on Saturday, reports UNB.

The BPIF leaders said the poultry industry has been experiencing a severe crisis due to the recent increase in the price of its raw materials including feeds and chicks.

 “A strong syndicate of unscrupulous business has been responsible for the recent crisis and the government should find them out to punish them,” said M Mamun.

The BPIF leaders alleged that although the poultry products are selling at higher prices in the local market, the actual farmers at the grass-root levels are not getting the benefit of it.

Rather, a middle group is being benefited from the increased price of the products, they observed.

They also said that the industry owners are not receiving due financial support from the government although a stimulus package was announced for the industrial sector.

Many poultry owners had to shut down their industries facing a huge loss in the business during the Covid-19 pandemic situation.

The farmers are now switching to other businesses from this losing concern, they observed.

They also demanded formulating a policy to support the poultry industry.

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