Poster in Oct 02, 2022 15:52:18

The price of meat, eggs, and milk will decrease with the help of government policies

The price of meat, eggs, and milk will decrease with the help of government policies

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Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) leaders said that it is possible to sell meat, eggs, and milk at a much lower price than the current market price if the government gets policy support.

However, for this, they have opined that the same kind of policy support should be given to livestock, poultry, and fish farmers as in the agricultural sector. Last Saturday (October 01, 2022) this opinion was presented in the first meeting of the Standing Committee on Live Stock, Poultry and Fisheries of the Federation of Bangladesh Industries and Chambers of Commerce (FBCCI).

Speakers in the meeting said that poultry, cow farms, fish, and shrimp farming have to pay electricity bills at commercial rates. This increases production and operating costs. Subsidized electricity like in the agricultural sector will enable consumers to meet their protein needs at affordable prices.

FBCCI president Md. Jashim Uddin said in the speech of the chief guest at the meeting, "The price of government services in cow, chicken, fish, and shrimp farms should be at a special rate. New entrepreneurs will be interested in investing in this sector. In order to become a developed country in 2041, Bangladesh has to export 300 billion or 30 thousand crore dollars worth of goods. For this, fish, shrimp, and meat should be included as export sectors. Therefore, government policy support in these sectors is essential.


Md. Jashim Uddin urged to transform these sectors into environment-friendly and safe workplaces, said, "Recently, due to a few unscrupulous traders, there has been instability in the egg market. The image of the entire business community is being ruined for a few.

Salahuddin Alamgir, vice president of FBCCI said, Bangladesh Bank should impose a 5 percent loan obligation in the livestock sector like an agriculture loan. He demanded that the price of the dollar be set at Tk 100 in the case of imports in this sector. He also recommended the introduction of insurance at a low premium to protect the farmers.

Feed Industries Association Bangladesh executive member Md. Moshiur Rahman said that the government's Department of Livestock and Bangladesh Standard and Testing Institution (BSTI) supervises various standards of cattle and poultry farms in the country. Farmers have to suffer due to a lack of coordination between these two organizations.

FBCCI Senior Vice President Mostafa Azad Chowdhury, Director Md Anwar Sadat Sarkar, Syed Moazzem Hossain, Vijay Kumar Kejriwal, Abu Motaleb, Standing Committee Co-Chairman Imran Hossain, Md Mahmudul Alam, and others were also present in the meeting.

|Source: Online/SZK

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