Poultry sector in trouble for the third time in 14 months on Covid surge
Broiler meat rates nosedive as production costs rise on costlier soyameal, edible oils
India’s poultry sector, valued at nearly ₹90,000 crore, is going through a rough ride yet again, the third time in a space of 14 months. But this time, its problems have been compounded by high production costs as critical inputs such as soyameal and edible oils prices have doubled.
“We struggled during the Covid pandemic last year mainly because fears were spread about consumption of poultry meat. This year, we are affected because of financial reasons as weekend consumption of poultry products has been affected,” said a broiler meat supplier to retail units in Chennai without wishing to be identified.
First electric tractor in the country tested at MP’s farm machinery institute
The electric tractor will be more environmentally friendly than other types of tractors
The first-ever electric tractor in the country has been tested at the Central Farm Machinery Training and Testing Institute (CFMTTI) in Budni, Madhya Pradesh.
An official statement said that CFMTTI had received an application for an electric tractor under confidential test initially. Accordingly, it tested the tractor and released the draft test report in February this year.
Centre saves ₹8,000 crore by tapping additional foodgrain storage capacity
Union Government decides to not construct open system any longer to store grains
The Union Government has saved at least ₹ 8,000 crore by deciding to utilise 20 per cent additional foodgrain storage capacity in its warehouses, even as it has decided not to construct the open cover and plinth (CAP) storage from the beginning of the current fiscal.
“Under CAP storage wheat quality gets affected, while its longevity is also shortened. Therefore, we have decided to go for construction of modern silos. We will be setting up 100 lakh tonnes (lt) modern silos storage capacity,” Union Food Secretary Sudhanshu Pandey told BusinessLine.