Ensuring bank loan on easy terms for marginal farm owners and farmers, providing incentive during emergency and stopping influence of middlemen are needed to save the poultry sector.
The measures also include imparting training to farmers and farm owners on modern technology and bringing marginal farmers under insurance coverage to take forward the industry.
Poultry industry leaders on Wednesday made the remarks while addressing the ‘Dutch-Bangladesh Knowledge Sharing Roundtable’ at a hotel in the capital.
Poultry Tech Bangladesh, a public-private partnership co-funded by the Netherlands Embassy in Dhaka, organized the event in collaboration with the Breeders Association Bangladesh (BAB) and Feed Industries Association of Bangladesh (FIAB.
There are about 90,000 to 100,000 poultry farms across the country. The sector has created employment facilities for many people, including women, the speakers said at the event.
About Tk35, 000 crore has been invested and about 60 lakh workers are directly or indirectly involved in this sector. So, it is needed to take steps to save this industry, they observed.
In his address, Dr Bibek focused on identifying existing challenges in the sector.
Managing Director of Aftab Bahumukhi Farms Ltd Abu Luthfe Fazle Rahim Khan said it had been observed that the demand for protein consumption in Bangladesh was exceptionally volatile due to different cultural festivities and events.
Mahbubur Rahman, General Secretary of Breeders Association Bangladesh said, “Regulatory steps need to be taken to stop selling live chicken in wet markets.”
Md Ahsanuzzaman, Director and CEO of Spectra Hexa Feeds LTD said for the industry to scale up, it is important to provide them easier access to loans, ensure insurance coverage and improve their technical capacity.
Gordon Butler, President of G&S Agri-consultants Co Ltd, said” “We cannot aim to replicate the practices of the global west but instead we need to come up with unique solutions that are relevant to the Bangladeshi poultry industry.”
Md Nazrul Islam, Associate Vice President of ACI Godrej Agro-vet Private Limited said” “By 2025, we expect the poultry industry to increase by 300 percent at 320+ eggs per capita per annum both in terms of egg and meat consumption.”
The other industry insiders were present at the event.