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Home » Economy » “Not earning single penny”: Poultry farmers forced to close business amid struggling economy

“Not earning single penny”: Poultry farmers forced to close business amid struggling economy

Farm owners recently took out a rally and urged the state government to take steps to save the farms.

By Newsd
Updated on :
"Not earning single penny": Poultry farmers forced to close business amid struggling economy

Poultry farm owners in several Northern India states including Uttar Pradesh, Punjab are close to shutting down their businesses amid heavy loss incurring due to many factors.

The primary reason being cited is the increase in minimum support price (MSP) of maize and soya bean, which are used as poultry feed. Other causes include an increase in the cost of electricity, transportation, labour and medicines.

A poultry farm where chickens are reared primarily for the purpose of eggs is called a ‘layer farm’. The birds are colloquially called ‘layer’ or ‘egger’. A bird generally lays one egg a day.

As quoted in a reports of The Tribune, Ranjit Singh Sidhu, owner of the largest poultry farm (of layers) at Malerkotla in Punjab said that he started his farm with just 500 birds in 1989 and slowly built his business to have 5,00,000 birds. However, at the moment, he is not earning a single penny for the past few months, and making a loss of Rs 1.5 lakh per day.

Similarly, various other affluent as well as small businessmen complaint of losses after the demand for eggs has decreased (because of huge subsidy-based poultry farms coming up in Uttar Pradesh and Bihar), and the cost of feed has gone up by 30 per cent.

Farm owners recently took out a rally and urged the state government to take steps to save the farms.

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